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56-516: The company was created in 2004, as part of French oil major Total 's restructuring of its chemicals business, and floated on the Paris stock exchange in May 2006. Turnover in 2021 was €9.5 billion. Arkema operates in more than 55 countries and has 20,200 employees, 13 research centers and 144 production plants. Arkema was created when French oil major Total restructured its chemicals business in 2004, but

112-510: A snow removal vehicle in Vnukovo International Airport , killing four, including three crew members and CEO of Total S.A. Christophe de Margerie on board. Alcohol presence was confirmed in the blood of the driver of the vehicle on the ground. Patrick Pouyanne , who was Total's Refining Chief at that time, was appointed as CEO, and also as chairman of Total in 2015. In 2015, Total unveiled plans to cut 180 jobs in

168-524: A $ 1.1bn deal, to boost its development in renewable energy and electricity businesses. In 2016, Total agreed to acquire $ 2.2-billion in upstream and downstream assets from Petrobras as part of the firms' strategic alliance announced earlier that year. For Total, these new partnerships with Petrobras reinforce Total's position in Brazil through access to new fields in the Santos Basin while entering

224-558: A 40 percent interest in two licences in the Gainsborough Trough area of northern England for $ 48 million. In July 2014, the company disclosed it was in talks to sell its LPG distribution business in France to Pennsylvania-based UGI Corporation for €450 million ($ 615 million). On 20 October 2014, at 23:57 MST , a Dassault Falcon 50 business jet heading to Paris caught fire and exploded during takeoff after colliding with

280-761: A 50% stake in its joint venture in Malaysia (SapuraOMV) for $ 903 million. The deal includes the repayment of a $ 350 million loan from OMV to the joint venture. On 21 February 2024, TotalEnergies and Airbus entered a strategic partnership to meet emission-reduction goals through the use of sustainable aviation fuels (SAF). TotalEnergies will provide more than 50% of Airbus’ European fuel requirements. Compared to fossil fuels, SAF can reduce CO2 emissions by up to 90%. TotalEnergies and QatarEnergy entered an agreement on 6 March 2024 to purchase participating interests in South Africa ’s Orange Basin offshore oil field. Under

336-581: A French colony, began in 1946, with Algeria becoming a leading source of oil in the 1950s. In 1954, CFP introduced its downstream product – Total brand of gasoline in Africa and Europe. Total entered the United States in 1971 by acquiring Leonard Petroleum of Alma, Michigan and several Standard Oil of Indiana stations in Metro Detroit . In 1980, Total Petroleum (North America) Ltd.,

392-479: A company controlled 50% by CFP, bought the American refining and marketing assets of Vickers Petroleum as part of a sell-off by Esmark of its energy holdings. This purchase gave Total refining capacity, transportation, and a network of 350 service stations in 20 states. Total's leadership had been aware of the deleterious effects of global warming since at least 1971; The company nevertheless openly denied

448-472: A consortium led by CNPC (37.5%), which also included TOTAL (18.75%) and Petronas (18.75%) was awarded a production contract for the " Halfaya field " in the south of Iraq, which contains an estimated 4.1 billion barrels (650,000,000 m ) of oil. In 2010 Total and Erg merged their respective subsidiaries Total Italia and Erg Petroli , forming TotalErg , 49% controlled by the French group and 51% by

504-475: A joint venture called Saudi Aramco Total Refining and Petrochemical Company (SATORP)- in which a 62.5% stake was held by Saudi Aramco and the balance 37.5% held by Total. Total withdrew in 2006 from all Iranian development work because of United Nations concerns that resulted in sanctions over possible weaponization of the Nuclear program of Iran . During the 2009–2010 Iraqi oil services contracts tender ,

560-547: Is a component of the Euro Stoxx 50 stock market index . In the 2023 Forbes Global 2000 , TotalEnergies was ranked as the 21st largest company in the world. The company was founded after World War I, when petrol was seen as vital in case of a new war with Germany. The then-French President Raymond Poincaré rejected the idea of forming a partnership with Royal Dutch Shell in favour of creating an entirely French oil company. At Poincaré's behest, Col. Ernest Mercier , with

616-571: Is an olefin elastic high-performance attachment adhesive." Darius Deak accepts an Adhesives and Sealants Council award. In 1937, Boston Blacking built a Streamline Moderne headquarters building in Cambridge, Massachusetts , signposted as "B B CHEMICAL", and used it until 1966. The building has been listed on the National Register of Historic Places since 1982. Bostik is among the four top adhesives and sealants producers in

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672-652: Is one of the seven supermajor oil companies . Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation , transportation, refining , petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer. TotalEnergies has its head office in the Tour Total in La Défense district in Courbevoie , west of Paris . The company

728-604: Is part of the French-based Arkema group. In 1889, the Boston Blacking Company, a producer of leather colourings and dyes, was founded in Chelsea, Massachusetts . The company became the chemical branch of United Shoe Machinery Corporation (USMC) – an American leader in the shoemaking industry – and grew in several countries through mergers, acquisitions and organic growth. By the late 1920s,

784-561: Is the biggest discovery of oil reserves since 1968. In 2013, Total increased its stake in Novatek to 16.96%. In 2013, Total and its joint venture partner agreed to buy Chevron Corporation 's retail distribution business in Pakistan for an undisclosed amount. In January 2014, Total became the first major oil and gas firm to acquire exploration rights for shale gas in the UK after it bought

840-422: Is €1,9 billion. As of 31 December 2010, the major stockholders of Arkema (owning at least 5% of capital declared to AMF) were Greenlight Capital (5,5%), Dodge & Cox (5.2%), Groupe Bruxelles Lambert (10%). Since January 1, 2012, the level of 5% reported to AMF was passed by: Total S.A. TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and

896-482: The Girassol oil field was discovered and operated by TotalEnergies SE. After Total's takeover of Petrofina of Belgium in 1999, it became known as Total Fina. Afterwards, it also acquired Elf Aquitaine . First named TotalFinaElf after the merger in 2000, its name reverted to Total in 2003. During that rebranding, the globe logo was unveiled. In 2003, Total signed for a 30% stake in the gas exploration venture in

952-809: The Arkema management, industrial and social guarantees as well as support measures designed to protect the rights of employees should the Klesch group implement redundancies following their take-over of the vinyl products activities. Hence two trust funds of €20 M were set up to secure compensation payments and the rights of employees of the companies that were sold off. Following the sale, Arkema reorganized its activities into three business segments: High Performance Materials, Industrial Specialties and Coating Solutions. Each represented about one third of Group turnover. 2015 : Purchase of Bostik from Total S.A. The company also joined CJ Group of South Korea to invest in

1008-573: The Boston Blacking Company was established in 12 countries across three continents and employed over 1,000 chemists and technicians. A number of products had been launched under the Bostik brand as early as the 1940s and the company took on Bostik as a company name in the 1960s. In 1980, Bostik was taken over by the Connecticut group Emhart Corporation, which nine years later was, itself, bought up by Black & Decker . Black & Decker split apart

1064-582: The European nation’s commitment to fossil fuels beyond 2050. In 2023, Total invested $ 300 million in a renewable energy joint venture with Adani Green Energy . The joint venture's portfolio capacity is 1,050 MW - 300 MW of operating capacity, 500 MW of solar projects under construction and 250 MW of projects under development, as well as solar and wind power projects in India . At the end of January 2024, TotalEnergies reached an agreement with OMV to purchase

1120-1218: The Group has built a presence across the coating market. Its portfolio of coating materials and technologies includes waterborne, solvent borne, powder coating resins and additives from Arkema Coating Resins, rheology additives for waterborne coatings from Coatex and photocured resins for optic fibers, graphic arts, electronics, etc. from Sartomer. Brands are EnVia, Rheotec, Sarbio. Includes thiochemicals (for animal nutrition, gas natural odorant), fluorochemicals (for refrigeration, air conditioning, blowing agent for insulating foam) and hydrogen peroxide (pulp and textile bleaching, chemical synthesis, water treatment). Brands include Albone (hydrogen peroxide), Paladin ( DMDS agricultural fumigant) and Forane (refrigerants). Arkema operates through industrial facilities in Europe , North America and Asia and marketing subsidiaries in around 40 countries. Arkema has 144 production facilities worldwide, including 61 in Europe , 43 in North America , 40 in Asia and in

1176-659: The Iranian South Pars gas field because of sanctions pressure from the US. In 2019, Total announced the sale of a 30% stake in the Trapil pipeline network to crude oil storage operator Pisto SAS for €260 million. Later that year, Total signed deals to transfer 30% and 28.33% of its assets in Namibia 's Block 2913B and Block 2912 respectively to QatarEnergy . The company will also transfer 40% of its existing 25% interests in

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1232-584: The Italian one. As of 2010, Total had over 96,000 employees and operated in more than 130 countries. In 2010, Total announced plans to pull out of the forecourt market in the United Kingdom. In 2012, Total announced it was selling its 20% stake and operating mandate in its Nigerian offshore project to a unit of China Petrochemical Corp for $ 2.5 billion. In 2013, Total started the operation at Kashagan with North Caspian Operating Company . It

1288-600: The Kingdom of Saudi Arabia (KSA) – South Rub' al-Khali joint venture along with Royal Dutch Shell and Saudi Aramco . The stake was later bought out by its partners. In 2006, Saudi Aramco and Total signed a memorandum of understanding to develop the Jubail Refinery and Petrochemical project in Saudi Arabia which targeted 400,000 barrels per day (bpd). Two years later, the two companies officially established

1344-422: The Klesch group for reasons of profitability, but also to re-center its operations exclusively on specialty chemicals. As part of this divestment, Arkema made a 100 million euro cash payment to the Klesch group and took on debts amounting to 470 million euros to help revive the activity. In response to fears of redundancy and to protests from employees at a number of production sites, the trade unions negotiated, with

1400-604: The Orinduik and Kanuku blocks of Guyana and 25% interest in Blocks L11A, L11B, and L12 of Kenya to QatarEnergy. In July 2020 the company changed its name from Total SA to Total SE as part of registration as a European company. In 2020, the company announced its intention to cut 500 voluntary jobs in France. In 2021, Total left the American Petroleum Institute lobby, due to differences in

1456-581: The SHPGX. In July 2023, Iraq signed a $ 27 billion energy agreement with TotalEnergies to develop the country’s energy sector and boost output of oil, gas and renewables. Additionally, Indian Oil Corp , has signed liquefied natural gas (LNG) import deals with ADNOC LNG and TotalEnergies in the same month. In October 2023, TotalEnergies sold its Canadian operations to Suncor Energy for C$ 1.47 billion($ 1.07 billion). TotalEnergies has agreed to buy liquefied natural gas from Qatar for 27 years, cementing

1512-472: The United Kingdom, reduce refinery capacity and slow spending on North Sea fields after it fell to a $ 5.7bn final-quarter loss. The company said it would also sell off $ 5bn worth of assets worldwide and cut exploration costs by 30%. In 2016, Total signed a $ 224M deal to buy Lampiris, the third-largest Belgian supplier of gas and renewable energy to expand its gas and power distribution activities. In 2016, Total bought French battery maker Saft Groupe S.A. in

1568-545: The agreement, TotalEnergies will have the exclusive right to operate its wells in Block 3B/4B with a 33% interest holding, while QatarEnergy will receive a 24% interest in the same block. In 22 April 2024, OmanLNG and TotalEnergies signed a deal in which OmanLNG will provide 800,000 metric tons of liquified natural gas. On 14 November, 2024, TotalEnergies announced that it will fill all of its upstream assets with real-time methane leak detection equipment by 2025 to help minimize

1624-542: The common vision of how to tackle the fight against climate change. In 2021, Total said that it had registered an income of $ 3 billion for the period of January–March, which is close to the levels registered before the pandemic. In 2021, the company announced a name change to TotalEnergies as an intended illustration of its investments in the production of green electricity. At the Ordinary and Extraordinary Shareholders’ Meeting in May of that year, shareholders approved

1680-601: The company's roots go back many years. In 1971, Elf and Total merged their chemical operations into Aquitaine Total Organico (ATO), a joint subsidiary. The same year saw the creation of Produits Chimiques Ugine Kuhlmann (PCUK). The joint venture was renamed ATO Chimie in 1973. A second company, Chloé Chimie (40% Elf Aquitaine, 40% Total and 20% Rhône-Poulenc) was formed in 1980 to take over Rhône-Poulenc's chlorochemicals business. Three years later, Total sold its stake in Chloé Chimie to Elf and chemical production in France

1736-561: The company's stock but by 1996 had reduced its stake to less than 1 percent. In the period between 1990 and 1994, foreign ownership of the firm increased from 23 percent to 44 percent. Meanwhile, Total continued to expand its retail presence in North America under several brand names. In 1989, Denver, Colorado –based Total Petroleum, Total CFP's North American unit, purchased 125 Road Runner retail locations from Texarkana, Texas –based Truman Arnold Companies. By 1993, Total Petroleum

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1792-399: The emissions. This is expected to help the company in its target of slashing methane emissions to nearly zero percent by 2030. Bostik Bostik is a manufacturer and distributor of adhesives and sealants for the construction, industrial and consumer markets. With annual sales of €2.1 billion, the company employs 6,000 people and has a presence in more than 40 countries. Bostik

1848-505: The findings of climate science until the 1990s; Total also pursued a number of strategies to cover up the threat and contribution to climate change . The company renamed itself Total CFP in 1985, to build on the popularity of its gasoline brand. Later in 1991, the name was changed to Total, when it became a public company listed on the New York Stock Exchange . In 1991, the French government held more than 30 percent of

1904-491: The gas value chain. Between 2013 and 2017, Total organized the ARGOS Challenge , a robotic competition with the aim to develop robots for their oil and gas production sites. It was won by an Austrian-German team using a variant of the taurob tracker robot. In 2017, Total signed a deal for a total amount of $ 4.8b with Iran for the development and production of South Pars , the world's largest gas field. The deal

1960-464: The industrial level, Bostik products are used in many sectors including aeronautics, household appliances, automotive, transport and construction. Bostik products are also used in the packaging industry and advanced packaging, as well as in the assembly sector and disposable hygiene products. Bostik is also for the General Public with preparation, assembly and repair products as well as

2016-486: The infractions between May 1995 and December 2000. Arkema was fined €78 million in May 2006 for breaching EU antitrust law. Research and development spending totaled roughly 150 million euros, with half allocated to “green chemistry.” Arkema employs more than 1,200 researchers, whose work focuses on two main areas: ultra-high performance polymers and sustainable development solutions. Arkema generates sales of €7.9 billion, broken down as follows: Arkema's net debt in 2020

2072-571: The launch on the French residential market of Total Spring, a natural gas and green power offering that is 10% cheaper than regulated tariffs. Total is thus pursuing its strategy of downstream integration in the gas and power value chain in Europe. On 10 January 2018 TotalErg was acquired by Gruppo API , with the exception of the Special Fluids division, acquired by the newly formed Total Italia . In 2018, Total officially withdrew from

2128-606: The manufacture of L-methionine in Malaysia. In 2019 Sartomer won an Adhesives and Sealants Council (ASC) Innovation Award for "An electron Beam curable Resealable Adhesive that only sticks to itself." 2020 : Plexiglas business sold to the American group Trinseo for $ 1.1 billion. 2021 : Acquisition of Ashland's Performance Adhesives business for $ 1.65 billion. 2022 : Acquisition of Permoseal, an adhesive solutions company in South Africa. Formed in 2020 by

2184-412: The mechanical and chemical activities of the group to leave Bostik as a stand-alone concern. In 1990, the French oil and gas group Total acquired Bostik and merged its own adhesive affiliates into it. In 2000, Totalfina and Elf Aquitaine merged to form TotalFinaElf, subsequently renamed Total. Their respective adhesives divisions, Bostik and Atofindley, were brought together to form Bostik Findley, and

2240-464: The name change to TotalEnergies. In 2022, TotalEnergies announced it would end all operations in Myanmar , citing rampant human rights abuses and deteriorating rule of law since the 2021 Myanmar coup d'état and has also called for international sanctions targeting the oil and gas sector in the country, which is one of the main sources of revenue for Myanmar's government. As of 11 March 2022, Total

2296-476: The name was subsequently changed in 2004 to Bostik. In 2013 Bostik revisited its brand identity, with a new signature "smart adhesives" and a gecko inspired from nature with a science-based connection to Bostik's adhesives business . In 2015, Arkema, a global chemical major with leadership positions in specialty chemicals and high performance materials, acquired Bostik. In 2019 Bostik won an Adhesives and Sealants Council (ASC) Innovation Award for " "Brilliance" which

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2352-487: The plant. These turned out to be "small container ruptures" of burning organic peroxides. A 1.5 mile evacuation zone was set up around the site. Total, Elf Aquitaine and Arkema were investigated by the EU Commission for involvement in an illegal supply, sales and pricing cartel in the hydrogen peroxide and sodium perborate markets. The Commission found that Arkema's predecessor companies Atochem and Atofina committed

2408-565: The rest of the world. Arkema has 13 research centers worldwide: 7 in France ( Lacq ; Serquigny ; Cerdato ; Carling; Genay; Pierre-Benite; and Verneuil), three in the United States ( Cary, North Carolina ; Wauwatosa, Wisconsin ; and King of Prussia, Pennsylvania ) and two in China ( Shanghai and Changshu ). Most of Arkema's sales are generated in Europe , which accounts for 36% of

2464-821: The support of 90 banks and companies, founded Total in 1924, as the Compagnie française des pétroles (CFP) (in English, the French Petroleum Company). As per the agreement reached during the San Remo conference of 1920, the French state received the 25% share held by Deutsche Bank in the Turkish Petroleum Company (TPC) as part of the compensation for war damages caused by Germany during World War I . The French government's stake in TPC

2520-481: The total. North and South America represents 31% of sales. Arkema has had a strong presence in China for over 13 years. Asia alone now accounts for 33% of sales. In August 2017, Hurricane Harvey caused the flooding of Arkema's Crosby, Texas plant. Arkema said it would be unable to prevent an explosion at the plant, after refrigeration equipment failed that kept temperature sensitive organic peroxides cold. On August 31, explosions were reported to be coming from

2576-481: The transfer of Bostik from the High Performance Materials segment. This segment gathers together four main product lines: specialty polyamides, fluoropolymers (PVDF), molecular sieves for filtration and adsorption and organic peroxides. Brands include Rilsan (polyamide 11), Luperox ( Organic Peroxide ), Kynar ( PVDF ), Siliporite ( Molecular Sieves ). Starting from upstream acrylic monomers,

2632-509: The world. Bostik employs over 5,000 workers in 50 countries and five continents. Bostik has a well recognized name in industrial markets . It has some divisions such as: Industrial/Nonwovens, Construction and Distribution, and High-performance polymers . Its brands include Bostik, Blu Tack , Prestik , Sader, Quelyd, Simson, Evo-Stik, Alliance, Ardal, Cementone, Mem, Technik, Hey'Di, SB Mercier, Chem-Calk, Hydroment, Durabond, Anchor Weld, Clag, Gripfill, Flexacryl and Aquamac weatherband. On

2688-782: Was achieved on 18 May 2006 when Arkema debuted on the Paris stock market. In June 2011, Arkema joined the CAC Next 20 French stock market index. 2007: Arkema sells its agrochemical business (Cerexagri) to United Phosphorus and its urea-formaldehyde activities to Hexion . 2007: acquires Coatex company (specialty acrylic polymers) 2010: acquires acrylic Dow assets in the US 2011: acquires Total coating resins (Cray Valley and Sartomer) 2012: acquires Chinese Company Hipro Polymers (producer of bio-Polyamides) and Casda Biomaterials (producer of plant raw materials) In July 2012, Arkema sold for 1 symbolic euro its vinyl products business segment to

2744-509: Was acquired. Atochem was renamed Elf Atochem in 1992 and merged with Total's chemical businesses into Atofina a year after the takeover of Elf by TotalFina in 1999. In February 2004, Total, the French-based multinational oil conglomerate announced a reorganisation of its chemicals business. A new company under Total's ownership, named Arkema, was formed on 1 October into which Total placed certain assets held by its Atofina subsidiary, which

2800-590: Was one of the only Western oil companies to continue operating in Russia after the Russian Invasion of Ukraine . In June 2022, TotalEnergies signed a partnership with QatarEnergy for the worlds largest LNG expansion project, the North Field East (NFE). Holding the largest stake, 6.25%, TotalEnergies will hold the equivalent of one of the four trains. In September 2022, an additional agreement

2856-521: Was operating 2,600 retail stores under the Vickers, Apco , Road Runner, and Total brands. That year, the company began remodeling and rebranding all of its North American gasoline and convenience stores to use the Total name. Four years later, Total sold its North American refining and retail operations to Ultramar Diamond Shamrock for $ 400 million in stock and $ 414 million in assumed debt. In 1996,

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2912-862: Was reorganized around Atochem, a wholly owned Elf Aquitaine subsidiary that incorporated the activities of ATO Chimie, Chloé Chimie and most of PCUK. In 1989, Elf Aquitaine acquired the American, Pennwalt Corporation and along with M&T Chemicals and Atochem Inc formed Atochem North America Inc. Pennwalt can trace its roots to the formation of The Pennsylvania Salt Manufacturing Co. by five Philadelphia Quakers in 1850. The Pennsylvania Salt Manufacturing Co. changed its name to Pennsalt Chemicals Corp in 1957 and merged with Wallace and Tiernan Inc. to form Pennwalt Corp in 1969. The year 1990 saw another reorganization of chemical production in France. Orkem's petrochemicals, styrenics, fertilizers and acrylics businesses were integrated into Atochem, while specialties (resin and paint) moved to Total. Montedison's organic peroxide business

2968-606: Was signed to include the North Field South (NFS) which is the second phase of the NFE. This gave TotalEnergies a stake of 9.375% of the 25% stakes available to international companies. On 30 March 2023, Total sold a shipment of LNG which it sourced from UAE to CNOOC on the Shanghai Petroleum and Natural Gas Exchange. It was reportedly the first trade to be settled in the renminbi (Chinese yuan) currency on

3024-704: Was the first foreign investment in Iran since in the 2015 sanctions over Iran's nuclear weaponisation were lifted by the JCPOA . In 2017, Total announced the acquisition of Maersk Oil for $ 7.45 billion in a share and debt transaction. This deal positioned Total as the second operator in the North Sea. In 2017, Total signed an agreement with EREN Renewable energy to acquire an interest of 23% in EREN RE for an amount of €237.5 million. In November 2017, Total announced

3080-522: Was then dissolved. The kem part of Arkema's name references the company as a chemicals producer. Arkema was structured into three divisions producing vinyl products (chlorochemicals and PVC , vinyl compounds and pipes and profiles), industrial chemicals (acrylics, fluorochemicals , hydrogen peroxide , PMMA and thiochemicals ) and performance products (additives, organic peroxides , agrochemicals and urea-formaldehyde resins). Total's intention to spin off Arkema into an independent listed company

3136-1051: Was transferred to CFP, and the Red Line agreement in 1928 rearranged the shareholding of CFP in TPC (later renamed the Iraq Petroleum Company in 1929) to 23.75%. The company from the start was regarded as a private sector company in view of its listing on the Paris Stock Exchange in 1929. During the 1930s, the company was engaged in exploration and production, primarily from the Middle East. Its first refinery began operating in Normandy in 1933. After World War II, CFP engaged in oil exploration in Venezuela, Canada, and Africa while pursuing energy sources within France. Exploration in Algeria , then

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