Renault Group and SUEZ join forces to fast-track circularity in Europe’s automotive sector
Renault Group and SUEZ step up their long-term partnership, which encompasses recycling waste metal and recovering end-of-life vehicles, with strategic agreements aimed at supporting the ecological transition in the automotive sector.
Together, Renault Group and SUEZ, a world leader in waste recycling and recovery, will put The Future Is NEUTRAL in a position to speed up its expansion and rank among the standard-setters in the automotive industry’s circular economy.
“SUEZ’s decision to team up with us in The Future Is NEUTRAL is new evidence that coming up with this model was the right move. Our joint investment will allow us to accelerate in order to provide an open circular economy platform that meets the needs of all players in the automotive industry, in growing activities. We are doing this by strengthening existing operations and creating new closed-loop recycling solutions, from car to car” states Luca de Meo, CEO of Renault Group.
“By investing in The Future Is NEUTRAL alongside Renault Group, SUEZ is moving into a stronger position to support automotive industry players on their ecological transition. Securing secondary raw material supplies is one of the key challenges the automotive sector has to address over the coming years. Our expertise in waste recycling and recovery will enable us to support the sector’s transformation as it transitions towards more circularity and to reduce its reliance on virgin raw materials” explains Sabrina Soussan, Chairman and CEO of SUEZ.