Strategy / 04/12/2014
Faurecia part of the multi-party alliance launched to support China's clean air policies
The symposium has been attended by Chinese officials and will give Faurecia—a key industrial partner and stakeholder in China for the past 20 years—an opportunity to actively contribute to the debate on emissions control standards and the way in which they are implemented in China, while actively supporting the decisions taken by the Chinese authorities with a view to improving air quality in the country, and especially in major urban regions in the east, which are a hub for economic activity and therefore a major source of urban pollution.
With the introduction of increasingly stringent environmental laws effective as of January 1, 2015, the stakes are high for the Chinese government. Faurecia is number one in the Chinese market and a global leader in emissions control technology, and is already in a position to help China achieve its goals through new technologies such as its Ammonia Storage and Delivery System (ASDS), which makes vehicles significantly cleaner.
The event was attended by Chinese officials of the Ministry of Environment Protection (MEP), Mr Maurice Gourdault-Montagne, French Ambassador to China, along with leading figures such as Mr Michael Walsh, Founding Chairman of the Board of Directors of the International Council on Clean Transportation and Mr Yang Mingsen, president of China Environment Newspaper.
- About Clean Air Asia (CAA)
Founded in 2001, Clean Air Asia is a leading air quality management network in China and throughout Asia co-sponsored by the Asian Development Bank, World Bank and others. Its aim is to turn knowledge and expertise into policies and actions to reduce air pollution and greenhouse emissions from industry sectors including the transportation and energy fields while improving air quality and creating livable cities. Clean Air Asia became a UN recognized partnership in 2007 with over 230 member organizations and eight country networks. Clean Air Asia has developed a China City Network covering Changsha, Chengdu, Chongqing, Guangzhou, Guiyang, Hangzhou, Harbin, Jinan, Lanzhou, Luoyang, Qingdao, Tianjin and Urumqi, and collaborates with Chinese government departments including MEP to drive action through four programs which promote improvements in commercial vehicle emission control.
- About the Institute of Health and Environment Communication (IHEC) of the Communication University of China (CUC)
IHEC aims to disseminate research and services for domestic environmental protection and public health issues. The Institute has close ties with esteemed universities and research institutes and provides in-depth research on environmental and health issues. Meanwhile, with the support of CUC's Media and Public Affairs Institute, IHEC has access to a variety of media and communication channels to positively guide public sentiment over relevant national policies.
Strategy, Finance / 19/04/2016
2016 Investor day - Faurecia to accelerate profitable growth and enhance technology offer to become leader in sustainable mobility and cockpit of the futureAt its Investor Day held today in Paris, Faurecia outlined its strategy for accelerating value creation. For the period 2016 – 2018 the Group will see total sales growth of 6% CAGR (400 basis points above automotive production). The operating margin in 2018 will reach 6% of total sales (7% of value added1 sales). Net Cash Flow will be above €500 million and earnings per share will reach €5.+
Strategy, Finance, Technology, Corporate / 09/03/2016Faurecia supplies a large number of equipments for the 4th Scenic generation, revealed at the 2016 Geneva Motor Show+