TotalEnergies has taken full ownership of the Grandpuits advanced plastics recycling plant in France after acquiring Plastic Energy’s remaining 35 per cent stake.
TotalEnergies previously held 65 per cent of the facility as
part of a restructuring of Plastic Energy’s shareholding.
Located in Seine-et-Marne, the plant began production in
March 2026 and can process 15,000 tonnes of plastic waste annually.
It uses pyrolysis technology to convert hard-to-recycle
household plastic waste, including material collected through France’s yellow
recycling bins, into synthetic oil.
The process enables waste that cannot be mechanically
recycled to be transformed into circular petrochemical feedstock, reducing
reliance on fossil-based materials.
The resulting synthetic oil can be used to produce recycled
plastics with qualities comparable to virgin plastics, including materials
suitable for food-contact and medical applications.
TotalEnergies said the facility is a key part of France’s
advanced plastics recycling industry.
In 2023, it partnered with Citeo and Paprec to secure
long-term supplies of plastic waste for the plant. -OGN/TradeArabia News Service