Refining & Chemicals, an integrated industrial business
In January 2012, Total grouped its refining, chemicals and petrochemicals activities into a single Refining & Chemicals business. We aim to unlock synergies to be more competitive, optimize the management of feedstock streams, capital expenditures and maintenance turnaround at certain production sites and pool support functions (IT, human resources, etc.). The change also fosters the development of integrated solutions to expand Total activities in growth markets such as Asia and the Middle East.
Refining & Chemicals: competitive hubsTotal refines crude oil to produce refined products and polymers. Backed by a policy of innovation and capital expenditure, our refineries and petrochemicals facilities are among the most competitive in the world.
Trading & Shipping: crude oil sales, secure supplySpecialized trading teams buy and sell hydrocarbons at the best possible prices, particularly to supply the Group’s refineries. Our shipping teams handle the transport of crude oil and petroleum products.