By Patrick Costello

Total SA (FP.FR) said Monday that it acquired Synova, a French plastics recycling company focused on the automotive sector.

The deal will enable Total to combine its polymers know-how with Synova's recycling expertise, increasing the supply of recycled polypropylene available for automotive applications as a result, the French energy major said.

Synova produces 20,000 tonnes of polypropylene annually from recycled plastics, Total said.

The financial details of the transaction were not disclosed.

Write to Patrick Costello at patrick.costello@dowjones.com.

(END) Dow Jones Newswires

February 18, 2019 05:43 ET (10:43 GMT)

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