TotalEnergies Sells its Fuel Distribution Activities to SIM
Stay informed with our
free newsletters

TotalEnergies Sells its Fuel Distribution Activities to SIM Distribuidora

TotalEnergies has signed an agreement to sell its fuel distribution activities in Brazil to SIM Distribuidora, a Brazilian company. The transaction involves a network of about 240 filling stations and several storage facilities for petroleum products and ethanol.

SIM Distribuidora, one of the recognized players of the fuel distribution business in Brazil, belongs to Grupo Argenta, which has more than 500 service stations, lubricants and aviation activities.

This sale reflects the selective strategy of TotalEnergies in Marketing & Services in the retail network business focussed on core geographies with significant market share positions. The Company will retain its lubricants blending and distribution activities in Brazil.

Megawatt Proton Exchange Membrane Water Electrolysis Hydrogen Production Electrolytic Cell Sales Market Report: Trends, Forecast and Competitive Analysis to 2031

Megawatt Proton Exchange Membrane Water Electrolysis Hydrogen Production Electrolytic Cell Sales Market Report: Trends, Forecast and Competitive Analysis to 2031

Key data points: The growth forecast = 22% annually for the next 7 years. Scroll below to get more insights. This market report covers Trends, opportunities and forecasts in megawatt proton exchange membrane water electrolysis hydrogen production electrolytic cell sales market to 2031 by type (aqueous solution electrolysis tank, molten salt electrolytic cell, and non aqueous solution electrolytic cell), application (chemical plant, thermal power generation, hydrogen refueling station, renewable hydrogen production, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)

Download free sample pages

The acquisition remains subject to authorization by the relevant authorities.


Publishdate:
Oct 18, 2024