REG-TotalEnergies SE Plastics Recycling: TotalEnergies Becomes the Sole Owner of the Grandpuits Advanced Plastics Recycling Plant
TotalEnergies has become the sole owner of the Grandpuits advanced plastics recycling plant, acquiring the 35% interest held by Plastic Energy on top of the 65% stake it already owned. The purchase was triggered by a restructuring of Plastic Energy's shareholding; the plant in Seine-et-Marne started production in March 2026 and can process 15,000 tons of plastic waste per year, converting hard-to-recycle household waste into synthetic oil via pyrolysis for use as circular petrochemical feedstock.
Key figures
- Prior stake
- 65%
- Stake acquired
- 35%
- Production start
- March 2026
- Annual capacity tons plastic waste
- 15000
AI analysis
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