Grandpuits PLA project update

This announcement followed a review of the investment case of the project and is in line with the announcements of the company shareholders.

TotalEnergies Corbion and its shareholders remain committed to the growth of Luminy PLA bioplastics. This announcement will not impact their global sales and marketing network nor their operations in Thailand, where they will continue to operate their 75kT PLA bioplastics plant.

Their destination remains unchanged and as a leader in the bioplastics market they will continue to provide innovative and differentiated solutions to the market, collaborating with their customers throughout the value chain to enable the circular economy together. AT

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