Microsoft Corp MSFT:NASDAQ

Last Price$256.36Cboe Real-Time Last Sale as of 1:17PM ET 7/01/22
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Today's Change-0.47(0.18%)
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Day Low / High$254.61 - 258.97
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TotalEnergies, New Hope Energy Team Up For Plastics Recycling Project

11:27AM ET 5/18/2022 MT Newswires
TotalEnergies (TTE) and New Hope Energy said Wednesday they have struck a deal for New Hope to build a recycling plant in Texas to transform plastic waste into feedstock that the former will partly buy and convert into polymers.

The plant is expected to begin production in 2025 and will convert more than 310,000 tons a year of plastic waste, the companies said. TotalEnergies will use 100,000 tons of recycled polymer feedstock to make polymers for food-grade packaging.

Financial details about the deal weren't disclosed.

Price: 54.91, Change: -0.25, Percent Change: -0.45