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Carling Platform: Total Will Respect Its Commitments Related to the Development of Resins Business Within the Group

By   /  October 22, 2020  /  Comments Off on Carling Platform: Total Will Respect Its Commitments Related to the Development of Resins Business Within the Group

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PARIS–()–Regulatory News:

In response to information published by certain media that caused legitimate concerns at the Carling facility, Total (Paris:FP) (LSE:TTA) (NYSE:TOT) confirms that:

  • There is no process under way to sell the Société Cray Valley.
  • Total will respect the commitments made in 2013 during Carling’s restructuring concerning the global C4 resin (Ricon, Krasol) and RW resin (Cleartrac) businesses, which are to continue their development within the Group.

Total reaffirms its commitment to the Carling petrochemical platform and its Region. Since the 2013 investment, the Carling platform has grown by focusing on specialty resins, value-added polymers intended primarily for the automotive…



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