With these new recycling loops, Nexans aims to collect more than 800 metric tons of used cables by 2025. The company plans to expand this circular model by developing waste collection and recovery systems in collaboration with its industrial ecosystem, as well as with electrical equipment installation and distribution partners in France and across Europe.
Oct 14, 2024
At a time when demand for electricity is set to increase by 35% by 2050, Paris-headquartered cable and optical fibre company, Nexans, is stepping up its circular economy strategy and is launching CableLoop, a unique recycling and recovery service for cable offcuts.
Nexans buys used cables or electrical wires or obsolete industrial cables, and transforms them into valuable, infinitely reusable resources for its partners, customers, suppliers and the cable industry.
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Two versions of the service are available: CableLoop Enterprises: the service for companies via on-site collection; and CableLoop Professionals: a new service offered by specialized distributors, for professional customers and electricians who can return their used cables to their branch.
With these new recycling loops, Nexans aims to collect more than 800 metric tons of used cables by 2025. The company plans to expand this circular model by developing waste collection and recovery systems in collaboration with its industrial ecosystem, as well as with electrical equipment installation and distribution partners in France and across Europe.
Nexans will offer tailor-made logistics solutions and simplified, autonomous waste management on a 24-hour web platform together with traceability of the entire chain of operations.
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By actively investing in the recycling of non-ferrous metals, Nexans is promoting the creation of a sustainable cycle geared towards decarbonized energy.
Nexans already recycles over 40,000 metric tons of its own production waste every year. In Europe, this cable sorting and recovery process is partly carried out through the RecyCâbles, a joint venture created with Suez in Noyelles-Godault (northwestern France).
