TotalEnergies Converts Feedstocks from Plastic Waste into Circular Polymers at Texas Plant

Houston, January 31, 2024 – For the first time in the United States, TotalEnergies has converted feedstocks from plastic waste into circular polymers at its polypropylene plant in La Porte, Texas. The La Porte plant, one of the world's largest polypropylene sites, will produce sustainably certified polymers suitable for a wide range of applications, including food grade packaging.

The petrochemical feedstock was provided by New Hope Energy's ISCC+ certified advanced recycling facility in Tyler, Texas. The feedstock was converted into monomers at the BASF TotalEnergies Petrochemicals (BTP) facility – a 60/40 joint venture between BASF and TotalEnergies based in Port Arthur, Texas – before being transformed into circular polymers at TotalEnergies' polypropylene plant in La Porte, Texas. Both the La Porte and BTP facilities received their ISCC+ certification in 2022.

TotalEnergies and New Hope Energy have also signed a multi-year agreement under which New Hope Energy will supply TotalEnergies with petrochemical feedstock made from plastics to produce recycled polymers. New Hope Energy uses a patented pyrolysis technology developed in partnership with Lummus Technology to process and convert mixed plastic waste that would otherwise be destined for landfill or incineration.

"After Europe, this first production of circular polymers from advanced recycling in the United States is a new step forward in our commitment to meeting the global market's growing demand for more innovative and sustainable plastics, as well as in our ambition to produce one million tons of circular polymers a year by 2030," said Heather Tomas, Vice President Polymers Americas

"We are excited to partner with TotalEnergies in our mutual effort to transform plastic for a cleaner world," said Rusty Combs, Chief Executive Officer of New Hope Energy. "This supply agreement is an important step towards achieving New Hope's goal of creating pyrolysis projects at a scale that will materially improve the nation's plastic recycling performance. We are honored by the confidence TotalEnergies has placed in both our team and our robust technology."

About TotalEnergies and polymer production

TotalEnergies develops, produces and sells polymers — polyethylene, polypropylene, polystyrene and their recycled equivalents, as well as biopolymers — that can be incorporated into plastic production processes. These polymers are lighter than many alternative materials, and their optimized energy efficiency helps to reduce the carbon footprint of end applications. TotalEnergies' polymer experts in Europe, Asia and the United States work alongside all professionals in the value chain, including manufacturers, research centers and waste sorting and collection companies, and their customers, in order to accelerate the move to a circular economy. The Company is developing different plastic recycling processes and using renewable feedstock to contribute to its ambition to produce one million tons of circular polymers by 2030.

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, more sustainable, more reliable and accessible to as many people as possible. Active in nearly 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

@TotalEnergies   TotalEnergies   TotalEnergies   TotalEnergies

About New Hope Energy
New Hope Energy co-developed an innovative pyrolysis system with Lummus Technology which converts waste plastic into Py-Oil, Cracked Gas and Pitch. These ISCC Certified products are then incorporated into a variety of petrochemical feedstocks for the Circular Economy. This technology is currently operating at the Trinity Oaks Tyler facility in Tyler, Texas, with anticipated expansion to more than 420 MTPD of waste plastic by 2026. New Hope Energy is also developing additional projects to increase the overall recycling rate for plastic.

To learn more, visit https://newhopeenergy.com.

Cautionary Note
The terms "TotalEnergies", "TotalEnergies company" or "Company" in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words "we", "us" and "our" may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. TotalEnergies SE has no liability for the acts or omissions of these entities. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise. Information concerning risk factors, that may affect TotalEnergies' financial results or activities is provided in the most recent Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC