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TotalEnergies fully acquires Grandpuits recycling plant

PUBLIC · TTESep 11, 2026•about 2 hours ago

Acquiring Company

TotalEnergies

Acquired Company

Plastic Energy

CalgaryIle De FranceEnergySustainabilityOil And GasNatural ResourcesEnergyRenewable Energy

Description

TotalEnergies has completed the acquisition of the remaining 35% stake in the Grandpuits advanced plastics recycling plant from Plastic Energy. This plant is now wholly owned by TotalEnergies, which previously held a 65% interest. The facility commenced production in March 2026 and enhances TotalEnergies' capabilities in sustainable plastic recycling.

Company Information

Company

TotalEnergies

Location

Calgary, Alberta, Canada

About

TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 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.

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Frequently asked

Who acquired Plastic Energy?

Plastic Energy was acquired by TotalEnergies, based in Calgary. The deal was reported on September 11, 2026. TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. TotalEnergies is publicly traded (TTE) and operates in Energy.

When did TotalEnergies acquire Plastic Energy?

TotalEnergies's acquisition of Plastic Energy was reported on September 11, 2026. TotalEnergies has completed the acquisition of the remaining 35% stake in the Grandpuits advanced plastics recycling plant from Plastic Energy. This plant is now wholly owned by TotalEnergies, which previously held a 65% interest. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Plastic Energy do?

Plastic Energy specializes in developing advanced recycling technologies to transform end-of-life plastics into valuable resources. The company operates recycling plants that aim to reduce waste and promote circular economy. It is privately held, operating in Energy, and is based in Ile De France.

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