Through subsidiaries Cray Valley and Sartomer, Total has finalized the acquisition of the Goodyear Tire & Rubber Company’s petroleum hydrocarbon resin business, announced in June. The agreement takes effect on September 1, 2005.

With this transaction, Cray Valley/Sartomer acquires the Wingtack® family of tackifying resins, which enjoys a strong reputation in the industry and reported sales of approximately $80 million in 2004.

The new CrayValley/Sartomer petroleum hydrocarbon resin business is now ranked No. 3 in the world, with a comprehensive range of C5 and C9 resins and manufacturing operations in Carling, France, and Channelview and Beaumont, Texas.

The acquisition strengthens Total’s position in the resins market and consolidates its standing as a top-tier chemicals operator.