Deal Snapshot
Total and PureCycle Technologies Partner on Plastic Recycling
Wednesday 20 May 2020

French oil and gas major Total (PAR: FP) (LSE: TTA) (NYSE: TOT) has signed an agreement with US-based plastics recycler PureCycle Technologies to develop a strategic partnership in plastic recycling, the companies said.

As part of the agreement, Total undertakes to purchase part of the output of PureCycle Technologies' future facility in the United States and to assess the interest of developing a new plant together in Europe.

Date Published: 20/05/2020