Sustainable Mobility: Faurecia & Veolia to Pioneer in the Use of Recycled Plastics in Automotive Interiors
03 Mai 2022 - 05:56PM
Business Wire
- A pioneering cooperation to address the challenge of developing
recycled materials to achieve an average of 30% of recycled
plastics for the automotive interior modules by 2025.
- An accelerated time-to-market and development thanks to the
technological know-how and industrial capacities of both
partners.
Regulatory News:
Faurecia, company of the Group FORVIA, and Veolia (Paris:VIE)
have signed a Cooperation and Research Agreement to jointly develop
innovative compounds for automotive interior modules, aiming to
achieve an average of 30% of recycled content by 2025. Through this
partnership, the two companies will accelerate the deployment of
breakthrough sustainable interiors solutions implemented in
instrument panels, door panels and center consoles in Europe.
Veolia will start the production of these secondary raw materials
at its existing recycling sites in France starting from 2023.
The use of recycled plastics is one of the key challenges for
the ecological transformation of the automotive industry as it
plays an important role in reducing CO2 emissions and improving the
environmental performance of the car. Today, automotive interiors
are mostly made of virgin material.
The strategic partnership will leverage the companies’
complementary competencies across sustainable compound
formulations, stringent automotive architecture requirements,
sourcing and innovative treatment of industrial and post-consumer
plastic waste.
A leading player in recycling, Veolia has been providing
polypropylene compounds to the automotive industry in France for
over 5 years. This collaboration project with Faurecia will allow
Veolia to expand its automotive product range to vehicle
interiors.
In 2011, Faurecia was the first automotive supplier to introduce
a complete range of bio-composite cockpit solutions with NAFILean
®. More than a decade later and in around 13 million vehicles,
these products’ CO2 footprint is 28% lower than that of
conventional all-plastic counterparts.
Patrick Koller, Chief Executive Officer at Faurecia,
said: “As an automotive supplier with an industry-leading
portfolio in sustainable materials, we are uniquely positioned to
provide innovative solutions to carmakers and their customers. By
combining our innovation and industrial forces with Veolia, we will
accelerate the introduction of breakthrough sustainable materials
and their time-to-market, as well as contributing to reducing
plastic waste and strengthening the circular economy. This
agreement will also strongly contribute to Faurecia’s roadmap
towards CO2 neutrality for scope 3, based on the principles of
using less, using better and using longer.”
“As demand for recycled plastic increases across all sectors in
the context of resource scarcity, there is a need to recycle more
plastic waste streams. The collaboration with Faurecia allows us to
increase our supply of secondary raw materials to the automotive
industry through the development of high value-added compounds.
These sustainable interior solutions will also be a strong
contributor to sustainable mobility, which is at the heart of the
ecological transformation ”, explains Estelle Brachlianoff,
Group Chief Operating Officer at Veolia. “Active alongside the
entire recycling value chain, Veolia is growing its plastic
recycling capacities with continuous investment in the
industrialisation and expansion of our existing recycling sites in
France and globally, with the objective to reach 1 billion €
turnover by 2025 ''.
In line with the Group’s ambitious CO2 neutrality objectives,
Faurecia created a cross-Business Group Sustainable Materials
division in 2021 to develop and manufacture cutting-edge materials.
This division aims to offer a complete low-CO2 cockpit and even CO2
negative materials, in order to support OEMs’ sustainability
objectives.
About Faurecia
Faurecia, company of the Group FORVIA, is a global automotive
technology leader. With 257 industrial sites, 39 R&D centers
and 111,000 employees in 33 countries, Faurecia operates through
four areas of business: Seating, Interiors, Clarion Electronics and
Clean Mobility. In 2021, the Group reported total turnover of €15.6
billion. Faurecia is listed on the Euronext Paris market and is a
component of the CAC Next 20 index. www.faurecia.com
About FORVIA
FORVIA, the world’s seventh largest automotive technology
player, comprises the complementary technology and industrial
strengths of Faurecia and HELLA. With over 300 industrial sites and
66 R&D centers, 150,000 people, including more than 35,000
engineers across 40+ countries, FORVIA provides a unique and
comprehensive approach to the automotive challenges of today and
tomorrow. Composed of 6 business groups with 24 product lines,
FORVIA is focused on becoming the preferred innovation and
integration partner for OEMs worldwide. The Group provides
solutions for a safe, sustainable, advanced and customized
mobility, FORVIA aims to be a change maker committed to foreseeing
and making the mobility transformation happen. www.forvia.com
About Veolia
Veolia group aims to be the benchmark company for ecological
transformation. With nearly 179,000 employees worldwide, the Group
designs and provides game-changing solutions that are both useful
and practical for water, waste and energy management. Through its
three complementary business activities, Veolia helps to develop
access to resources, preserve available resources, and replenish
them. In 2021, the Veolia group provided 79 million inhabitants
with drinking water and 61 million with sanitation, produced nearly
48 million megawatt hours and recovered 48 million tonnes of waste.
Veolia Environnement (Paris Euronext: VIE) achieved consolidated
revenue of 28,508 billion euros in 2021. www.veolia.com
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Contacts Veolia Group Media Relations Veolia Laurent
Obadia - Evgeniya Mazalova Emilie Dupas - Mathilde Bouchoux + 33 6
27 45 11 38 / +33 6 88 42 97 27 presse.groupe@veolia.com
Investors Relations Veolia Ronald Wasylec - Ariane de Lamaze +33
1 85 57 84 76 / 84 80 investor-relations@veolia.com
Contacts Faurecia Media Relations Faurecia Youssara Id
Chrife Tél: +33 (0)6 15 58 40 62 youssara.idchrife@forvia.com
Investors Relations Faurecia Marc Maillet - Matthieu Fernandez
Tel: +33 (0)1 72 36 75 70 / Tel: +33 (0)6 22 02 01 54
Veolia Environnement (EU:VIE)
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Veolia Environnement (EU:VIE)
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