Automotive and recycle together for sustainable mobility
The company of the Group Forvia, Faurecia, and Veolia 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 centre 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 five 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.
“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”, Patrick Koller, CEO at Faurecia, said.
“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. 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 one billion euros turnover by 2025', Estelle Brachlianoff, Group COO at Veolia, explained.