MOSCOW (MRC) -- Total, Europe’s third-largest oil company, has inaugurated its revamped Carling - Saint-Avold petrochemical complex in eastern France following three years of transformation works, said the producer on its site.
In September 2013, Total announced that it would adapt the Carling site, investing close to EUR200 million to upgrade existing facilities and build new, higher value-added units to access to high-potential markets. 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. I would like to thank the teams that made this model evolution possible. I am proud to say that Total has fulfilled its pledge," said Chairman and Chief Executive Officer of Total Patrick Pouyanne.
The adaptation of the Carling - Saint-Avold complex did not involve layoffs or compulsory staff transfers During the transformation, Total supported contractors and kept its promises to customers and employees.
As MRC reported previously, on 5 October 2015, Total closed its remaining steam cracker in Carling, in the Lorraine region of eastern France. The cracker was the second steam cracker closed at the site. The company shut down its first cracker in 2009. The closure was part of Total's plan to adapt its Carling petrochemical platform with the development of new activities in the growing polymers and hydrocarbon markets.
Total S.A. is a French multinational oil and gas company and one of the six "Supermajor" oil companies in the world with business in Europe, the United States, the Middle East and Asia. The company's petrochemical products cover two main groups: base chemicals and the consumer polymers (polyethylene, polypropylene and polystyrene) that are derived from them.
MRC