GORICHEM, Netherlands – TotalEnergies Corbion announced that it will not pursue a new PLA bioplastics plant in Grandpuits, France. 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 our global sales and marketing network nor our operations in Thailand, where we will continue to operate our 75kT PLA bioplastics plant.

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