- Iber Resinas recycles polypropylene, polyethylene, and polystyrene from household and industrial waste.
- TotalEnergies aims to increase circular polymers in its plastics production to 30% by 2030.
- Synova, a TotalEnergies subsidiary, leads in recycled polypropylene production in France with a 45,000-ton capacity.
- TotalEnergies is developing advanced recycling plants in France and the U.S. in partnership with Plastic Energy and Honeywell.
Acquisition of Iber Resinas
TotalEnergies has acquired Spain-based Iber Resinas, a company specializing in the mechanical recycling of plastics. This acquisition will boost TotalEnergies' production of circular polymers in Europe, expand its range of recycled products, and improve access to feedstock through Iber Resinas’s supplier network.
Recycling Operations
Iber Resinas operates two plants near Valencia, Spain, recycling polypropylene, polyethylene, and polystyrene from household and industrial waste. The company has a broad customer base, supplying materials for automotive parts, packaging, and building materials. The acquisition will leverage synergies with TotalEnergies to develop high-quality products and accelerate growth.
Commitment to Circular Economy
TotalEnergies is committed to promoting a circular economy for plastics. The company is involved in various recycling methods, including mechanical recycling through its subsidiary Synova, which leads in recycled polypropylene production in France with a capacity of 45,000 tons. Additionally, TotalEnergies is developing advanced recycling plants in France and the U.S. in partnership with Plastic Energy and Honeywell.
Advanced and Bioplastics Recycling
In advanced recycling, TotalEnergies is constructing one of France's first advanced recycling plants at its Grandpuits platform. In bioplastics, the company operates a plant in Thailand through a joint venture with Corbion, producing 75,000 tons of polylactic acid (PLA) annually. PLA is a 100% bio-based, recyclable, and biodegradable bioplastic.
Alliance to End Plastic Waste
TotalEnergies is a founding member of the Alliance to End Plastic Waste, which includes around ninety companies and partners dedicated to eliminating plastic waste from the environment, particularly in oceans.
