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05/19/2020 Press release

Plastic Recycling: Total and PureCycle Technologies Form a Strategic Partnership

 

 

Paris, May 19, 2020 – Total has signed an agreement with PureCycle Technologies to develop a strategic partnership in plastic recycling. As part of the agreement, Total undertakes to purchase part of the output of PureCycle Technologies’ future facility in the United States and to assess the interest of developing a new plant together in Europe.

PureCycle Technologies uses an innovative, patented technology to separate color, odor and any other contaminants from plastic waste feedstock to transform it into virgin-like recycled 
polypropylene. The company, which will begin construction on its first plant in Ohio (U.S.A.) this year, will produce 48,000 tons of recycled polypropylene.

“This partnership is an important new milestone for Total as it strengthens the Group’s position in chemical recycling. This first partnership in the United States opens new perspectives for
addressing the challenge of the circular economy and achieving our ambition of producing 30% recycled polymers by 2030”, said Valérie Goff, Senior Vice President, Polymers at Total.

“Total possesses world-class expertise in the research, development and production of polypropylene. We believe Total represents the best possible strategic partner for PureCycle as we strive to scale this very promising and transformational technology globally. The introduction of recycled polypropylene that can be used interchangeably with virgin resin will have an enormously beneficial impact on the global plastics circular economy. Total shares our passion to make this happen and we are very pleased to have them as a strategic partner”, commented Mike Otworth, CEO of PureCycle Technologies.

Total and Plastics Recycling

Total is deeply committed to recycling plastics and intends to produce 30% recycled polymers by 2030. To achieve that goal, it is working on all types of recycling to improve the properties  and uses of recycled plastics:

  • Total is a leader in innovative polymers, pioneering with the production of some fifteen grades of polypropylene and polyethylene containing at least 50% recycled materials.
  • Total has also become involved in mechanical recycling by acquiring Synova, French leader in the production of high-performance recycled polypropylene for the automotive industry. The affiliate’s output will be doubled to reach 40,000 tons by 2021.
  • In the area of chemical recycling, Total has joined forces with Citeo, Recycling Technologies, Nestlé and Mars in December 2019 to develop chemical recycling of plastics in France.

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About Total
Total is a broad-energy company that produces and markets fuels, natural gas and low-carbon electricity. Our 100,000 employees are committed to better energy that is safer, more affordable, cleaner and accessible to as many people as possible. Active in more than 130 countries, our ambition is to become the responsible energy major.

Total Contacts
Media Relations: +33 1 47 44 46 99 - [email protected] - @TotalPress
Investor Relations: +44 (0)207 719 7962 - [email protected]

About PureCycle Technologies
PureCycle Technologies offers the only recycled polypropylene with properties equal to virgin polymer. Our proprietary process, invented by Procter & Gamble, removes color, odor, and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market. PureCycle Technologies licenses technology from Procter & Gamble. To learn more, visit www.purecycletech.com.

PureCycle Technologies Contacts
Media Relations: (312) 731-0715 - [email protected] - @PureCycleTech