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PLA Baodian reports that, as the fourth largest international oil and gas company, the second largest LNG operator, and the tenth largest clean energy company, Total’s revenue in 2020 is $140 billion+, with a net loss of $7.
242 billion (2019 annual profit of $11.
267 billion)
.
Total CEO Patrick Pouyanne said in an earnings report that he would propose to shareholders this year to change the company's name to Total Energies to support the company's transition to carbon neutrality
.
As early as September 2020, Total announced that it would build a 100,000-ton PLA production capacity.
In April this year, the factory started the front-end design, and Total Cobion's 100,000-ton PLA front-end engineering design started, the first in Europe!
In the future, the platform will focus on four business sectors:
• 400,000 tons/year biomass to fuel
400,000 tons/year biomass to fuel• 100,000 tons/year of bioplastics
100,000 tons/year bioplastics• 15,000 tons/year plastic recycling
15,000 tons/year plastic recycling• 2 photovoltaic power stations
2 photovoltaic power stationsThe first PLA bioplastics factory in Europe
The first PLA bioplastics factory in EuropeFollowing the successful completion and commissioning of the first PLA plant in Thailand in 2018, Total Corbion PLA plans to build the first PLA plant in Europe at its Grandpuits base in France to meet the rapidly growing international demand for PLA
.
The project plans to have a production capacity of 100,000 tons/year of PLA and is scheduled to start production in 2024
.
The first plastic recycling plant in France
The first plastic recycling plant in FranceTotal will partner with Plastic Energy to build the first plastic chemical recycling plant in France
.
The company plans to convert 15,000 tons of waste plastics into "TACOIL" oil per year through the pyrolysis melting process, and then produce food-grade polymers.
It is planned to start production in 2023
.
The project will help Total achieve its goal of producing 30% of its polymer from recycled materials by 2030
.
Biorefinery primarily serving the aviation industry
Biorefinery primarily serving the aviation industryTotal plans to complete and put into operation a biofuel plant with an annual processing capacity of 400,000 tons in 2024, mainly producing 170,000 tons/year of sustainable aviation fuel, 120,000 tons/year of renewable diesel, and 50,000 tons/year of plastics.
of renewable naphtha
.
The project will process animal fats and waste oils from Europe, supplemented by other vegetable oils such as rapeseed oil (excluding palm oil)
.
Two photovoltaic solar power plants
Two photovoltaic solar power plantsIn addition, Total plans to build a photovoltaic solar power plant in Grandpuits and Gargenville each, with a combined peak power of 52 megawatts, enough to meet the electricity consumption of 30,000 people
.