Total has announced its purchase of Synova, the French manufacturer of high-performance recycled polypropylene for the automotive industry. The deal is worth €1.05 billion ($A$1.06 billion), or about $US1 billion, and will see Total take over a company that makes plastic parts used in everything from cars to
Total has announced its purchase of Synova, the French manufacturer of high-performance recycled polypropylene for the automotive industry. Through the acquisition, Total aims to benefit from Synova’s recycling expertise to boost its use of recycled polypropylene in place of virgin polymers.