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· Chemical Engineering Online
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TotalEnergies has acquired Plastic Energy’s remaining 35% stake in the Grandpuits advanced plastics recycling plant, raising its ownership from 65% to 100% following a restructuring of Plastic Energy’s shareholding. The plant is now wholly owned by TotalEnergies.

What impact could full ownership by TotalEnergies have on scaling advanced plastics recycling and forming new partnerships in Europe?

TotalEnergies acquires full ownership of Grandpuits advanced plastics recycling plant

This article was originally posted on chemengonline.com.
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As part of the restructuring of Plastic Energy Ltd.’s (London, U.K.) shareholding, TotalEnergies SE (Courbevoie, France) agreed to acquire from the new shareholder Plastic Energy’s 35% interest in the Grandpuits advanced recycling plant, in which TotalEnergies already held a 65% interest. The plant is now wholly owned by TotalEnergies. The Grandpuits advanced plastics recycling plant, […]

The post TotalEnergies acquires full ownership of Grandpuits advanced plastics recycling plant appeared first on Chemical Engineering.

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