Investment wizard - Results
Recycling of industrial and household waste in France: major source of raw materials
Recycling of waste materials has become a major economic and environmental issue. Thanks to its expertise in waste treatment, acquired over a long period of time dealing with all types of waste material, France has important technical skills that can be adapted to the recycling of waste products, highly qualified manpower, and highly regarded technological expertise. Waste reduction is one of the key reforms of the Grenelle Environment Round Table proposed legislation, whose objective is to increase recycling by 35% in 2012 and 45% by 2015.(...)
“This rapidly expanding sector is particularly attractive to international investors. Around ten projects have been identified (not including energy production) by Invest in France Agency monitors. Four of these investment projects are led by foreign companies: Wellman France Recyclage at Verdun, Freudenberg Politex at Colmar, Amcor at Ste-Marie-la-Blanche (taken over by the Spanish La Seda company), Sorepla at Neufchâteau (Dutch Envipco group). The Spanish Urbaser group also operates in France through its subsidiary, Valorga, global leader in the field of methanization plant construction,” says Philippe Favre, President of Invest in France Agency.
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ITER Cadarache (Provence, Alps, Côte d’Azur): Open tenders to scientists and suppliers from all over the world
France has had a high level of expertise in the global civil nuclear energy sector for more than 50 years: from natural uranium graphite gas reactors to new generation EPR reactors, and high pressure water reactors of which it has the largest installed plant in the world. France is therefore the natural choice to host at Cadarache, the major center for energy research for the French atomic energy commission (“Commissariat français à l’énergie atomique”), the ITER project constructing an experimental nuclear fusion reactor using hydrogen isotopes. (...)
“The French government actively supports research and has introduced the best R&D tax credit system in Europe, which reimburses 50% of R&D costs in the first year. Its budget of over €1.4 billion in 2006 was increased to approximately €2 billion in 2008, following the reform introduced in 2007,” says Philippe Favre, President of Invest in France Agency.
Cosmetics and perfumes: “Made in France” world market leader
The cosmetics and perfume industry currently generate an estimated turnover of US$ 170 billion worldwide (Eurostaf, May 2007). Europe is the leading market representing approximately €63 billion. The French market plays a leading role and generates future trends in the global cosmetics market due to the “Made in France” label that is recognized and valued worldwide. In 2006, sales in France were up for the 40th year running, and reached the record level of €6,547 billion (FIPAR).
“The French government actively supports research and has introduced the best R&D tax credit system in Europe, which reimburses 50% of R&D costs in the first year. Its budget of over €1.4 billion in 2006 was increased to approximately €2 billion in 2008, following the reform introduced in 2007”, says Philippe Favre, President of Invest in France Agency.