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Total's French Refining Roadmap: upgrade Donges and transform La Mede

On April 16, 2015, Total announced a plan that will impact its French refining business. The French oil company outlines a strategy that contains an upgrade of its Donges refinery and a transformation of its La Mede refinery.
Posted by Patrick Kulsen on 20 april 2015 12:35:47
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An investment of €200,- million will be made to transform La Mede refinery into a biorefinery in order to meet the growing demand for biofuels. Also an €400,- million investment will be made to upgrade its Donges refinery to produce more fuels with low-sulfur content. 

According to the company its other refineries in France (Gonfreville, Grandpuits and Feyzin) have so far proven to generate sufficient income.

Patrick Kulsen of PJK International contributed his view on this subject for the Wall Street Journal. To read this article, follow this link



Due Diligence - NWE Tank Storage<<< click here to read the full article



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