News & Events
Group Renault Creates The First European Factory Dedicated To The Circular Economy Of Mobility Flin
- December 4, 2020
- Posted by: Renault Business Academy
- Category: News
- The Re-FACTORY Flins: Europe’s leading circular economy factory dedicated to mobility, with a target for a negative CO2 balance by 2030*;
- A competitive industrial model for sustainable mobility based on the potential for value creation generated by the vehicle throughout its life.
- An objective for more than 3,000 jobs by 2030.
Boulogne-Billancourt, November 25, 2020. Groupe Renault today announces the transformation of its site in Flins to create the Re-FACTORY, Europe’s first circular economy factory dedicated to mobility with a negative CO2 balance by 2030. This project, which is part of the Group’s transformation strategy, will enable Renault to benefit from a rapidly growing source of value while reaffirming its industrial footprint in France. In line with the Group’s commitments, the RE-FACTORY will host the renovation activities of Choisy-le-Roi. Groupe Renault is planning support and training schemes for the employees of Flins and Choisy-le-Roi to develop their skills and aims to employ more than 3,000 people on the site by 2030.
Jean-Dominique Senard, Chairman of the Board of Directors of Renault declared: This announcement is the result of the remarkable work of Renault’s teams and constructive consultation with our stakeholders, including local authorities. The RE-FACTORY is a new breath of life for Renault, its employees and for the entire region’s dynamism. This project is based on our pioneering commitment to the circular economy, on our values, on our know-how and fully meets our ambition to positively transform our industry.
The climate crisis and our customers’ expectations have prompted Groupe Renault to orient its strategy with strong ambitions in terms of the quality and durability of its products, as well as the reduction of its carbon emissions. Groupe Renault is convinced that the circular economy carries an extremely powerful growth potential. With the RE-FACTORY, the Group’s ambition is to be one step ahead of the competition.
With the RE-FACTORY, Flins will become a European reference in the circular economy. RE-FACTORY will enable the Group to respond to the challenges facing mobility and automotive industry players today – and even more so tomorrow. This plant, with an objective of a negative CO2 balance by 2030, is fully in line with the Group’s global strategy by combining circular economy, reduction of emissions, development of skills and the creation of new value-generating activities, added Luca de Meo, CEO of Renault.
The Re-FACTORY, to be realized between 2021 and 2024, will involve a large network of multisectoral partners (start-ups, academic partners, major groups, local authorities, etc.) and will be structured around four activity centres whose expertise will support the vehicle’s entire life cycle by acting on the main components of the circular economy (supply, eco-design, economy of functionality, maintenance, reuse, remanufacturing and recycling).