Sept 24 (Reuters) - Total SA TOTF.PA :
* Total's head of refining and chemicals Bernard Pinatel
during Investor Day presentation to analysts that the company
has decided to grow in petrochemicals, not refining.
* He says petrochemical market is expected to grow by 3% per
due to strong market fundamentals in plastics and polymers,
while recycling offers further growth opportunities.
* Pinatel says there is short-term imbalance in the
petrochemicals
market due to new capacity particularly in Asia and the United
States, and trade war between the U.S. and China.
Source text for Eikon: ID:
Further company coverage: TOTF.PA