Faurecia, part of the Forvia Group, and Veolia have signed a cooperation and research agreement to jointly develop compounds for automotive interior modules, with the aim of adding on average 30% recycled content by 2025. 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. Faurecia was one of the first automotive suppliers to introduce a complete range of bio-composite cockpit solutions with its NAFILean range in 2011. More than a decade later and in around 13 million vehicles, the CO2 footprint of these products is 28% lower than that of conventional all-plastic counterparts.
Patrick Koller, CEO at Faurecia, said, “As an automotive supplier with an industry-leading portfolio in sustainable materials, we are uniquely positioned to provide innovative solutions to car makers 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 toward CO2 neutrality for Scope 3, based on the principles of using less, using better and using longer.”