Green Forum • 4 October, 2024 at 6:32 PM
Renault Group and SUEZ deepened their partnership to transform waste management and recycling practices in the automotive industry.
Rooted in a mutual dedication to sustainability, this collaboration emphasizes the recycling of metal waste and the recovery of vehicles at the end of their lifecycle. Through strategic agreements, they aim to elevate their initiative, The Future Is NEUTRAL, as a leader in the automotive sector's circular economy.
Luca de Meo, CEO of Renault Group, remarked, “SUEZ's collaboration in The Future Is NEUTRAL underscores the value of our innovative model. Our combined investment will expedite the creation of an inclusive circular economy platform that addresses the needs of all stakeholders in the automotive sector while expanding our activities. We are enhancing existing operations and developing new closed-loop recycling solutions, facilitating a seamless transition from car to car.”
Renault Group and SUEZ are pooling their technical expertise and industrial capabilities within The Future Is NEUTRAL, to build the new value chain in the car-to-car circular economy. Their goal is to work with the various players in the sector to lessen their impact on natural resources, stay ahead of developments in regulation and provide new sources of recycled materials and parts.
Renault will contribute:
Its operation covering the entire automotive value chain and vehicle life cycle (design, useful life and end of life);
Its expertise in automobile eco-design and the skills of its teams trained and keen to rise to this challenge;
The industrial capabilities at its Refectory in Flins (France), Europe's first circular economy base specialized in mobility, which is active in a variety of fields including vehicle refurbishing, part remanufacturing and industrial robot revamping.
SUEZ will pool:
Its in-depth knowledge of automobile recycling all the way upstream (carmakers and equipment manufacturers) and downstream (steelmakers and casters);
Its expertise in automobile waste management (collection, massification, sorting and material recovery);
Its industrial-scale capacity to produce consistent flows of recycled raw materials for its customers.
The Future Is NEUTRAL is a holistic platform for circular economy initiatives in the automotive field, supporting car manufacturers, equipment suppliers, distributors, insurers, and consumers. It addresses every phase of a vehicle's lifecycle by providing recycled materials for manufacturing, reusable, refurbished, and remanufactured parts, and services for the collection and recovery of end-of-life vehicles.