Veolia Environnement and Total Inaugurate Osilub Recycling Plant in Normandy (France) That Regenerates Used Oil into High-Grade Lubricants

Fri Apr 12, 2013 5:29am EDT

* Reuters is not responsible for the content in this press release.

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130412:nBw125200a

* 55 million euros invested, of which 35% outsourced to local companies
* 45 direct jobs created, 120 people employed during the construction
* Treatment capacity of 120,000 metric tons of oil a year, or nearly 50% of the
volume of used oil generated in France each year
* A recycling yield of around 75%, the best rate achieved anywhere in the world

PARIS--(Business Wire)--
Regulatory News : 

Veolia Environnement (Paris:VIE) and Total inaugurated the Osilub plant at the
Gonfreville l`Orcher site in Normandy (France) today. 

After construction lasting 20 months, this plant will increase the motor oil
treatment capacity in France and more generally in northwestern Europe, to
regenerate used oil into high-grade lubricants. 

"Innovating in industrial solutions to transform our waste into new resources is
one of the pillars of the new Veolia we are building. Our success will also be
that of our clients and partners committed, along with us, to protecting our
environment. The virtuous model created jointly with the Total group around
Osilub and recycling used oil is a tangible example of an industrial world
looking to the future and knowing how to combine economic growth with
sustainable development," said Antoine Frérot, Chairman and Chief Executive
Officer of Veolia Environnement. "The choice of Le Havre (France) was not down
to chance; it reflects our deep commitment to the industrial sector in this
region where we have invested almost €90 million in five years."

"One of the oil market`s majors, Total is present in all stages of its life
cycle. Osilub is representative of innovation that will make it possible to
recover used oil in the best manner possible enabling us to provide our clients
with very high quality products, in a virtuous process of a `circular economy.`
Energy efficiency is at the heart of our Group`s priorities, since it is one
answer to today`s environmental challenges and helps conserve precious fossil
fuel resources," said Philippe Boisseau, President Marketing & Services and
President New Energies, Total. "Osilub also marks the start of a new chapter in
Total`s history in Normandy. The Group already owns numerous facilities in this
region and invests heavily there: especially at the Normandy Platform that
includes a refinery and a benchmark petrochemicals plant."

It took several years of research to develop the process used at the Osilub
plant: scraped-film vacuum distillation is based on processes used by the fine
chemicals industry. It preserves the oil molecules and ensures a high yield. The
base oil produced by Osilub will be treated in specific units, including the
Normandy refinery, so it can be used in high-grade motor oils that meet the most
recent specifications. 

This industrial facility meets sustainable development targets compliant with
the recycling priorities set by the European Union. It also boosts the presence
in this region of Total and Veolia Environnement, two significant contributors
to the economic and industrial fabric of the Normandy region. 

**** 

Veolia Environnement
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide
reference in environmental services. With more than 220,000 employees*, the
company provides tailored solutions to meet the needs of municipal and
industrial customers in three complementary segments: water management, waste
management and energy management. Veolia Environnement recorded revenue of €29.4
billion in 2012*. www.veolia.com
* Excluding Veolia Transdev employees and revenues currently under divestment.

Total
Total is one of the largest integrated oil and gas companies in the world, with
activities in more than 130 countries. The Group is also a first rank player in
chemicals. Its 96,000 employees put their expertise to work in every part of the
industry - exploration and production of oil and natural gas, refining and
marketing, new energies, trading, and chemicals. Total is working to help
satisfy the global demand for energy, both today and tomorrow.



Press release also available on our web site: http://www.finance.veolia.com

Veolia Environnement
Analyst and institutional investor contact:
Ronald Wasylec, +33 1 71 75 12 23
US Investors
Terri Anne Powers, Tel +1 312-552-2890

Copyright Business Wire 2013

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.