1st Dec 2006 11:02
Total S.A.01 December 2006 PRESS RELEASE Veolia Environnement and Total Team Up to Build and Operate A Used Oil Recycling Plant in France Paris, November 30, 2006 - Veolia Environnement and Total announce the creationof Osilub, a joint venture to develop a sustainable used motor oil recyclingbusiness. As part of this initiative, Osilub will build a 120,000-metric-ton-per-yearplant in Grand-Quevilly in the autonomous port zone of Rouen, France, to re-refine used motor oil into reusable petroleum products, including base stock ofthe same high quality as virgin oil. The €50-million facility is scheduled tocome on stream in 2008. The project is in line with the sustainable development programs of and Total and will help to efficiently manage product life cyclesand promote the conservation of natural resources. Environnement is the world's leading provider of environmental services.With a global presence and a workforce of 300,000 employees, it delivers customwater, waste, energy and passenger transportation management solutions to localauthorities and companies. In 2005, Veolia Environnement reported revenue of€25.2 billion. www.veolia.com Total is one of the world's major oil and gas groups, with activities in morethan 130 countries. Its 95,000 employees put their expertise to work in everypart of the industry - exploration and production of oil and natural gas,refining and marketing, gas trading and electricity. Total is working to keepthe world supplied with energy, both today and tomorrow, The Group is also afirst rank player in chemicals, www.total.com Press contacts : Veolia Environnement:Florence Vanin + 33 1 71 75 06 98 - [email protected] Clement Leveaux + 33 1 34 97 24 89 - [email protected] Total:Philippe Gateau + 33 1 47 44 47 05 - philippe.gateau@total,com Total - Investor Relations:Jerome SCHMITT - Eve GAUTIER - Laurent WOLFFSHEIM - Philippe HERGAUX +33 1 47 44 58 53 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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