The acquisition of Synova is a concrete proof of our commitment to developing plastic recycling.
Oil giant Total has announced that it has acquired Synova, a French manufacturer of recycled polypropylene for the automotive sector. Combining Synovas recycling expertise and Totals polymers know-how will increase the supply of recycled polypropylene for automotive applications that deliver the same performance as virgin polymers, Total claimed in a statement.
Synova produces around 20,000 tonnes per year of recycled polypropylene for automakers.
By contributing to the lighter weight of vehicles, plastics improve their energy efficiency and reduce CO2 emissions. Producing them from recycled materials will also meet the challenge of managing their end of life, said Bernard Pinatel, President Refining & Chemicals, Total (@Total).
He added: The acquisition of Synova is a concrete proof of our commitment to developing plastic recycling. It reinforces the activities we already carry out in recycling and contributes to Totals ambition to be the responsible energy major.
The news is the latest in a series of environmental announcements from Total. In a statement, the oil giant said it was one of the world leaders in bioplastics.
Late last year, Total announced that it would launch the “second largest” PLA bio-plastics plant in the world in Thailand with its joint venture partner Corbion. The plant is capable of producing 75,000 tonnes of PLA bioplastics per year.
Total said that its PLA can be used in a wide range of markets including packaging, consumer goods, 3D printing fibres, and the automotive industries.
Total is not the only company that has pledged commitments to boost recycled plastics. A number of other big companies and heavyweight brands have recently pledged to boost their uptake of recycled plastics in their products.
For example, Danone has recently expanded a PET supply agreement with US technology provider Loop Industries to boost the amount of recycled PET it uses across its brands.
Under the new agreement, Danone will purchase 100% upcycled Loop-branded PET from Loops US joint venture facility with Indorama Ventures for use in brands across its portfolio including Evian.
On behalf of our team, Id like to thank Danone (@Danone) for their continued support and commitment to Loop, sustainability and the circular economy, said Daniel Solomita (@dannysolomita), Founder and CEO of Loop Industries. We are pleased to see our relationship extend to now include the supply of Loop-branded PET resin to other of Danones exciting brands.