Faurecia, one of the world’s leading automotive technology companies headquartered in Nantes, France, is creating a new division dedicated to the development and manufacture of sustainable and smart materials.

The new Sustainable Materials division will benefit from Faurecia’s leading market positions in automotive interiors and seating and its unique portfolios in materials with ultra-low and negative CO2 emissions, as well as those integrating thermal, acoustic and bio-medical technologies.

Leveraging its global footprint, the Sustainable Materials division will work across business groups and propose a full range of low CO2 and even CO2 negative materials to OEMs, in order to support their sustainability objectives.

Faurecia will capitalise on its experiences of formulating bio-sourced materials and their transformation expertise, including low variability management.

The company is planning to build a dedicated Sustainable Materials R&D centre and a pilot plant which will both become operational in 2022. The new division will initially employ 125 engineers and over 400 by 2030.

“With decades of experience in the development of bio-sourced materials, Faurecia plans to increase its contribution to the fight against climate change by investing significantly in the development of materials with very low CO2 footprints,” said CEO Patrick Koller. “This new division, together with a best-in class industrial and academic ecosystem, will help us achieve sales targets of €3 billion by 2030 in this field, foster sustainable growth, and support efforts to meet our 2030 CO2 reduction commitments.”

www.faurecia.com