http://domesticfuel.com/2015/04/20/frances-total-to-convert-refinery-to-biodiesel/
France’s Total to Convert Refinery to Biodiesel
Posted on April 20, 2015 by John Davis
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France’s Total to Convert Refinery to Biodiesel
Posted on April 20, 2015 by John Davis
totalFrance’s Total is converting its petroleum processor in La Mède to
make biodiesel. This news release says the $216 million conversion will
make the facility France’s first biorefinery and will stop refinering
petroleum by the end of 2016.
“There are three possible responses to the crisis in the European
refining industry. The first is to throw in the towel. The second is to
do nothing and perish. The third is to innovate and adapt to meet
shifting demand trends. The central focus of Total’s plan for our French
refining business is to realign our operations and products to changing
markets. The plan that we are presenting today offers sustainable
solutions for the Donges and La Mède refineries. It gives both
facilities a future and strengthens Total’s refining base in France,”
commented Patrick Pouyanné, Chief Executive Officer of Total. “As was
the case for the project to secure the future of the Carling plant in
eastern France, the master words for the plan’s deployment are:
anticipation and consensus. Total will implement this industrial
transformation without layoffs or imposed geographical transfers for
non-exempt employees.”
Total officials say the move is a response to industry and market
trends, as European demand for petroleum products has declined 15
percent since 2008, shrinking outlets for the continent’s refining industry.
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