France: Total Inaugurates Its Revamped Carling Petrochemical Complex

PARIS--()--Regulatory News:

Total (Paris:FP) (LSE:TTA) (NYSE:TOT) has inaugurated its revamped Carling – Saint-Avold petrochemical complex in eastern France following three years of transformation works.

In September 2013, Total announced that it would adapt the Carling site, investing close to €200 million to upgrade existing facilities and build new, higher value-added units to improve the site’s competitiveness. The Carling - Saint-Avold complex has been turned into a leading polymer production site in Europe.

Announced in 2013, the Carling upgrade project has been successfully completed” said Patrick Pouyanné, Chairman and Chief Executive Officer of Total. “The complex has transitioned from a site producing commodities facing intense competition to a high value site aligned with market demand. In 2013, the Group pledged to an ambitious adaptation plan for Carling, thereby securing the future of all those concerned. I would like to thank the teams that made this model evolution possible. I am proud to say that Total has fulfilled its pledge.”

The adaptation of the Carling - Saint-Avold complex did not involve layoffs or compulsory staff transfers. Each employee was offered a personalized plan, such as transfers to other positions within the Group, retirement or assistance to create their own businesses.

The Carling - Saint-Avold Complex Today

  • A top-tier polymers site in Europe: Polystyrene production capacity was increased to make it Total’s leading site in Europe; the polyethylene unit was upgraded to deliver advanced plastics (e.g. health care market); and a unit was built to manufacture polypropylene compounds to meet automotive market demand for innovative and lighter plastics to replace steel and thereby make vehicles more fuel-efficient.
  • Total’s European center for hydrocarbon resins: The site now houses Cray Valley Europe headquarters and R&D center, and it also serves as a logistics hub; a new unit was built producing high valued-added RICON® and KRASOL® resins offering exceptional adhesion, longevity and damping properties; and finally, upgrade works were performed on a unit producing premium odorless, transparent CLEARTACK® resins.
  • To meet its commitments to customers, Total invested in logistics to ensure the delivery of ethylene and propylene after the steam cracker was shut down in October 2015.
  • To support local stakeholders, the Group signed four agreements with the French authorities. Total Développement Régional provided support to partner companies impacted by the changes at the site. Total and other companies with activities at the complex together created the Chemesis association to improve competitiveness by sharing services and utilities and to enhance the complex’s ability to attract new businesses.

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About Total

Total is a global integrated energy producer and provider, a leading international oil and gas company, and a major player in solar energy with SunPower and Total Solar. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits. total.com

Cautionary note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TOTAL S.A. directly or indirectly owns investments are separate legal entities. TOTAL S.A. has no liability for their acts or omissions. In this document, the terms “Total” and “Total Group” are sometimes used for convenience where general references are made to TOTAL S.A. and/or its subsidiaries. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them.
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 TOTAL S.A. 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.

Contacts

Total
Mike SANGSTER
Nicolas FUMEX
Kim HOUSEGO
Romain RICHEMONT
Tel. : + 44 (0)207 719 7962
Fax : + 44 (0)207 719 7959
or
Robert HAMMOND (U.S.)
Tel. : +1 713-483-5070
Fax : +1 713-483-5629

Contacts

Total
Mike SANGSTER
Nicolas FUMEX
Kim HOUSEGO
Romain RICHEMONT
Tel. : + 44 (0)207 719 7962
Fax : + 44 (0)207 719 7959
or
Robert HAMMOND (U.S.)
Tel. : +1 713-483-5070
Fax : +1 713-483-5629