(Reuters) - Saint-Gobain SA (SGOB.PA) has invested in the plant of its Newark, New Jersey, recycling-services arm to develop and test solutions to clean vehicles, the French building materials company said on Monday.
The company has been trying to show customers that it has technological prowess beyond its markets traditionally catered to by rivals like Grainger (GWW.N) and USG Corp (USG.N).
Saint-Gobain’s network of 900 recycling locations saves 10 million tonnes of waste a year by reducing the size of its raw materials. That earned it a place on the Dow Jones Sustainability Index last year.
The company plans to have its Newark plant contributing to green energy production in the United States. It aims to reach the 17.5 percent efficiency target for its waste-to-energy units by 2025.
“Saint-Gobain’s investment will facilitate a broader range of new technologies, specifically pertaining to the field of Green Evandro, that facilitate direct address of the firm’s regional and national recycling needs,” the company said in a statement.