TotalEnergies SE ( (FR:TTE) ) has shared an announcement.
TotalEnergies is advancing its Grandpuits refinery conversion into a zero-crude platform, marking a significant phase with the introduction of France’s first advanced plastics recycling unit and a biorefinery for Sustainable Aviation Fuels (SAF). This project, which will maintain 250 jobs, aims to produce 10,000 tons of pyrolysis oil annually from recycled plastic and up to 230,000 tons of SAF by 2026, reinforcing TotalEnergies’ commitment to sustainable energy solutions.
More about TotalEnergies SE
TotalEnergies is a global integrated energy company that produces and markets a variety of energies including oil, biofuels, natural gas, biogas, low-carbon hydrogen, renewables, and electricity. With over 100,000 employees, the company operates in about 120 countries and emphasizes sustainability in its strategy and operations.
YTD Price Performance: 14.28%
Average Trading Volume: 1,615,290
Technical Sentiment Signal: Strong Sell
Current Market Cap: €124.2B
For detailed information about TTE stock, go to TipRanks’ Stock Analysis page.