Group recycles vehicles in France
Their target is effective
recovery of 95% of all vehicles by 2015
For the first time on a global scale, three companies,
Renault, Sita and Indra, are pooling their respective expertise and resources
to ensure the success, from both the economical and environmental viewpoints,
of a sector which is currently undergoing extensive changes.
Development of the joint venture is expected to lead to a largely self-financed
investment of 100 million, over a period of five years.
Renault and Sita France are forming an equally-owned joint venture aimed
at speeding up the development of end of life vehicle (ELV) treatment
This joint venture will take control of Indra Investissement, SAS, which
has been active in the dismantling of vehicles for more than 20 years.
Indra’s network comprises some 200 certified vehicle dismantling business
Renault has designed its cars to be easily dismantled and recovered at
the end of their useful life and sees this venture as an affirmation
of the Company’s commitment.
The joint venture targets 95 percent recovery by 2015, as ecologically
and economically as possible. The three companies share the same will
to improve rates of re-use through existing methods and processes now
being investigated, notably in the field of recycling materials recovered
from end-of-life vehicles. The current trend towards higher raw material
prices has encouraged this effort. The bid to achieve the announced targets
by 2015 needs to begin immediately and will call for increased cooperation
between all parties concerned, both within the sector and within the