Psa Peugeot Citroën Joins Forces with SNAM to Recycle Its Vehicles' Electric Batteries in Europe
08 Dezember 2015 - 3:36PM
Business Wire
Regulatory News:
PSA Peugeot Citroën (Paris:UG) has teamed up with SNAM (Société
Nouvelle d'Affinage des Métaux), the European leader in battery
collection and recycling, as part of its commitment to reducing the
environmental impact of its vehicles over their entire life
cycle.
SNAM will be responsible for collecting and recycling high
voltage industrial batteries – nickel-metal hydride (NiMH) and
lithium-ion – from the Peugeot and Citroën networks of
accredited auto repair shops and dealerships in Europe.
Signed as part of a 2012 partnership deal with SNAM in France,
this new agreement will ensure that batteries from the Group's
end-of-life electric and hybrid vehicles are properly recycled
across its network and production sites in Europe. By regenerating
raw and other materials, it will also lead to the development of a
circular economy.
SNAM is able to recycle up to 80% of the weight of this type of
battery, far exceeding the 50% minimum target for recycling
efficiency set by European regulations.
The agreement is fully in line with the Group's corporate social
responsibility (CSR) strategy, which has been praised for its
performance and transparency by SRI rating agencies, such as the
Carbon Disclosure Project on 4 November 2015.
About PSA Peugeot CitroënWith its three world-renowned
brands, Peugeot, Citroën and DS, PSA Peugeot Citroën sold
3 million vehicles worldwide in 2014. The second largest
carmaker in Europe, PSA Peugeot Citroën recorded sales and revenue
of €54 billion in 2014. The Group confirms its position of
European leader in terms of CO2 emissions, with an average of
110.3 grams of CO2/km in 2014. PSA Peugeot Citroën has sales
operations in 160 countries. It is also involved in financing
activities (Banque PSA Finance) and automotive equipment
(Faurecia). The Group markets four electric vehicle models: the
Peugeot Partner and Citroën Berlingo, as well as the Peugeot iOn
and Citroën C-ZERO. The Group's hybrid line-up currently comprises
the Peugeot 508, 508 RXH, 3008 HYbrid4 and DS 5
HYbrid4.For more information, please visit
www.psa-peugeot-citroen.com
About SNAM (Société Nouvelle d’Affinage des
Métaux)SNAM, a battery and accumulator recycling company, is a
key link in the circular economy chain. Its operations help to
mitigate the environmental impacts tied to mining valuable
commodity ores and minerals (nickel, cobalt, cadmium) in distant
countries, and the CO2 emissions tied to importing them into the
European Union. Furthermore, by looping these materials back into
the economy, SNAM helps to minimise the amount of waste landfilled
on EU territory.For more information, please visit www.snam.com
View source
version on businesswire.com: http://www.businesswire.com/news/home/20151208006071/en/
Media Contact:PSA Peugeot CitroënLaure de Servigny,Phone:
+33 (0)1 40 66 35 42laure.deservigny@mpsa.comorMedia
Contact:SNAMFrédéric Salin, Phone: +33 (0)5 65 43 77
30frederic.salin@snam.comEric Nottezeric.nottez@snam.com
United Guardian (NASDAQ:UG)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
United Guardian (NASDAQ:UG)
Historical Stock Chart
Von Jul 2023 bis Jul 2024