TOTALENERGIES SE: TotalEnergies and Plastic Omnium Sign a Strategic Partnership to Accelerate Development of Recycled Plastic Materials in the Automotive Industry
08 Décembre 2021 - 02:33PM
UK Regulatory
TIDMTTE
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Plastic
Omnium have signed a strategic partnership that will see them join
forces to design and develop new plastic materials, made from
recycled polypropylene, which meet the demanding aesthetic and
safety standards that apply to the automotive industry.
TotalEnergies and Plastic Omnium will pool their innovation and
engineering skills to design new types of recycled materials that
offer enhanced performance and are better for the environment while
providing deliverable responses to the challenges raised by
end-of-life plastics. These new materials, containing 20% to 100%
recycled materials sourced from industrial and domestic waste
streams, have a CO2 impact as much as six times lower than using
virgin materials.
The use of plastics in automotive bodywork plays a key role in
cutting the automotive industry's carbon emissions. They make it
easier to improve aerodynamic performance and reduce the overall
weight of vehicles, helping in turn to cut the amount of fuel used
by internal combustion vehicles and increase the autonomy of
electric vehicles.
Valérie Goff, Senior Vice President, Polymers at TotalEnergies
says: "This partnership with Plastic Omnium is a great example of
collaboration and innovation to develop ever-higher and
environmentally friendly recycled plastic materials that help our
OEM and vehicle manufacturer customers to reduce their carbon
footprints. This project will also contribute to addressing the
challenge of the circular economy and to our ambition of producing
30% recycled and renewable polymers by 2030."
Stéphane Noël, President and CEO of Plastic Omnium Intelligent
Exterior Systems, adds: "Recycling plastic materials is a challenge
to us as manufacturers, and a vital issue for our planet. This
exciting partnership paves the way to providing responses that are
better integrated and more environmentally friendly, reflecting our
customers' and suppliers' carbon neutrality goals. This is
absolutely central to a strategic partnership that seeks to support
the far-reaching transformation the industry is currently
undergoing."
***
About TotalEnergies
TotalEnergies is a global multi-energy company that produces and
markets energies: oil and biofuels, natural gas and green gases,
renewables and electricity. Our 105,000 employees are committed to
energy that is ever more affordable, cleaner, more reliable and
accessible to as many people as possible. Active in more than 130
countries, TotalEnergies puts sustainable development in all its
dimensions at the heart of its projects and operations to
contribute to the well-being of people.
@TotalEnergies l TotalEnergies l TotalEnergies l
TotalEnergies
About Plastic Omnium
Plastic Omnium has supported change in the automotive industry
for the past 75 years. As the transformation toward sustainable
mobility accelerates, Plastic Omnium is leveraging its
entrepreneurial spirit and innovation-led culture to design and
produce complex and interactive body systems as well as systems for
emission reduction and energy storage. Sustained investments in
hydrogen since 2015 have developed a comprehensive range of
hydrogen storage vessels, fuel cells and systems. These assets and
innovations position Plastic Omnium as a partner of choice for
every stakeholder in clean mobility.
With revenue of EUR7.7 billion in 2020, a global network of 135
plants and 25 R&D centers located close to its customers, the
31,000 women and men of Plastic Omnium are committed to meeting the
challenges of net-zero mobility.
Plastic Omnium is listed on Euronext Paris, compartment A, is
eligible for the Deferred Settlement Service (SRD) and is part of
the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).
www.plasticomnium.com
Cautionary Note
The terms "TotalEnergies", "TotalEnergies company" or "Company"
in this document are used to designate TotalEnergies SE and the
consolidated entities that are directly or indirectly controlled by
TotalEnergies SE. Likewise, the words "we", "us" and "our" may also
be used to refer to these entities or to their employees. The
entities in which TotalEnergies SE directly or indirectly owns a
shareholding are separate legal entities. TotalEnergies SE has no
liability for the acts or omissions of these entities. This
document may contain forward-looking information and statements
that are based on a number of economic data and assumptions made in
a given economic, competitive and regulatory environment. They may
prove to be inaccurate in the future and are subject to a number of
risk factors. Neither TotalEnergies SE nor any of its subsidiaries
assumes any obligation to update publicly any forward-looking
information or statement, objectives or trends contained in this
document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies' financial results or activities is provided in the
most recent Registration Document, the French-language version of
which is filed by TotalEnergies SE with the French securities
regulator Autorité des Marchés Financiers (AMF), and in the Form
20-F filed with the United States Securities and Exchange
Commission (SEC).
TotalEnergies Contacts
Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l
@TotalEnergiesPR
Investor Relations: +33 1 47 44 46 46 l ir@totalenergies.com
Plastic Omnium Contacts
Media Relations: Myriam Malak myriam.malak@plasticomnium.com
Investor relations: Kathleen Wantz-O'Rourke
investor.relations@plasticomnium.com
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CONTACT:
TotalEnergies
SOURCE: TotalEnergies SE
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