Total invests $583m to convert Grandpuits refinery into zero-crude platform

first_img Total invests $583m to convert Grandpuits refinery into bio plant. (Credit: Frauke Feind from Pixabay.) French oil and gas company Total is investing more than €500m ($583m) to convert its Grandpuits refinery into a zero-crude platform.With the investment, the refinery will be converted to produce renewable diesel,  bioplastics, and support plastics recycling.It will also feature two photovoltaic solar power plants.In the first quarter of 2021, crude oil refining at the Grandpuits refinery will be stopped and the storage of petroleum products will be ceased in late 2023.However, the refineries at Donges and Normandy will continue to support operations at service stations and airports in the Greater Paris region.New biorefinery will mainly produce renewable diesel for aviation industryTotal’s investment will be utilised for the construction of a bio-refinery plant which will produce renewable diesel, mainly for the aviation industry.The new facility will have capacity to process 400,000 tonnes per year with potential to produce 170,000 tonnes of sustainable aviation fuel, 120,000 tonnes of renewable diesel and 50,000 tonnes of renewable naphtha.The oil and gas company is planning to commission the new bio-refinery in 2024.The company, in a 50/50 joint venture with a Dutch food and biochemicals company Corbion, will build bioplastics facility.In addition, Total along with Plastic Energy will also construct a plastics recycling plant in France.Said to be the first chemical recycling facility in the region, the plant will use new innovative recycling technology to convert plastic wastes into a liquid called TACOIL via a pyrolysis melting process.The TACOIL will be utilised as feedstock to produce polymers.The investment will also utilised to build two photovoltaic solar power plants, which will be built and operated by Total’s wholly-owned subsidiary Total Quadran.One project with 28MW of capacity will be built at the Grandpuits site and the other with 24MW of capacity at the Gargenville site.In April, Total Quadran won 135MW of solar projects in the a renewable energy auction conducted in France. Crude oil refining at the Grandpuits refinery will be stopped in the first quarter of 2021last_img read more

Equifax breach a game-changer for CU fraud

first_img 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Credit unions should immediately evaluate their credit reporting practices, find ways to get better breach data and prepare for a spike in fraud in the wake of Equifax’s enormous data breach, two experts have warned.The Equifax breach, announced Sept. 7, affects 143 million U.S. consumers. Compromised information primarily includes names, Social Security numbers, birth dates, addresses and in some cases driver’s license numbers. The breach also jeopardized credit card numbers for about 209,000 people, as well as dispute documents for about 182,000 consumers.Liability ConcernsThough consumers are understandably worried about the ramifications of the breach, so are credit unions, according to David Reed, who is an attorney and partner at the Arlington, Va.-based Reed & Jolly, which specializes in credit unions and is counseling them about the breach, including whether and how to maintain a relationship with Equifax. continue reading »last_img read more

Raiders And Trojans Split SEI Tourney Games

first_imgBoys SEI Junior High Tournament.South Ripley versus Sunman-Dearborn at Milan.7th Grade-South Ripley 39-38.South Ripley built a comfortable lead going into half-time, only to see Sunman rally for an exciting finish. With under a minute to play in the 4th quarter and the game tied at 36, Sunman hit a two-point bucket to take a 38-36 lead. After a South Ripley time-out, Lane Sparks drilled a deep three to give the Raiders a 39-38 lead with 8 seconds remaining. Sunman was unable to get a shot off and the Raiders hung on for the 39-38 victory.Sparks led with 14 points, while Cody Samples added 12, Bryce Franklin scored 9, and Brady Linkel chipped in 4 points.On Thursday, South Ripley (16-1) travels to Batesville for the championship game against the winner of St. Louis and Greendale. Tip off scheduled for 5:30.8th Grade-Sunman-Dearborn 33, South Ripley 32.In another nail bitter, Sunman-Dearborn escaped in a 33-32 thriller. With South Ripley leading 31-30 and 20 seconds remaining in the 4th quarter, Sunman hit a baseline jumper to take a 33-32 lead. South Ripley called time-out and worked for a last second shot that just bounced off the rim.Dakota Day lead all scorers with 16 points to go along with 8 rebounds. Conner McCarty scored 6 points, Eric Vickers added 4 points with 7 rebounds, and Kaleb Rinear scored 4 points and grabbed 6 rebounds.The Raider 8th graders conclude the season with a 12-5 record.Courtesy of Raiders Coach Jeff Greiwe.last_img read more

Lack of self-esteem preventing African countries from winning World Cup – Samuel Eto’o

first_imgAfrican countries have struggled to make a significant impact at the World Cup since the first nation (Egypt) made an appearance in 1934.13 different African nations have appeared at the World Cup, with no team making it past the quarter-finals stage.Ghana’s Black Stars were a penalty away from the semis in 2010, becoming the only African side, along with Cameroon in 1990 and Senegal in 2002 to play in the World Cup quarters.. Cameroon legend, Samuel Eto’o believes that it’s not a lack of talent which is keeping African countries from World Cup glory.Eto’o reckons that countries on the continent suffer from low self-esteem when they go to the showpiece resulting in them falling flat.The former Barcelona striker, who is an ambassador of the 2022 World Cup in Qatar thinks that an African country can finally win the World Cup when they stop seeing themselves as inferior to the European and South American nations.“Mentalities must change. We are not inferior to anyone,” he said during a video conference.Eto’o even went as far as suggesting that Tunisia could win the next World Cup.Tunisia? They have all the means necessary to qualify, and not play just to participate. It’s an excellent team that can win the World Cup,” he said.“What we lack in Africa is self-esteem.”More from Citi Sportslast_img read more