Sugar maker Cristal Union takes stake in TotalEnergies biogas unit
French sugar maker Cristal Union will take a 10% stake in TotalEnergies's (TTEF.PA), opens new tab biogas unit BioNorrois due to be launched later this year, which will use sugar beet residue from one of Cristal Union's factories, the companies said.
It is reported by Reuters.
Under the deal, Cristal Union, France's second-largest sugar maker, will supply beet pulp for 15 years to feed the biogas plant, which constitutes more than half of t...