renault sa said thursday that it is creating a new business aimed at reducing the amount of waste generated from car manufacturing the french car maker said it sees the unit named the future is neutral achieving a turnover of more than 23 billion euros 223 billion and an operating margin of more than 10 by the end of the decade the new businesss aim is to operate across the entire automotive circulareconomy value chain and is aimed at all players in the automotive world renault said it offers closedloop recycling solutions at each stage of a vehicles life supply of parts and raw materials production use and end of life it added the company said the unit is opening up a minority of its capital to outside investors with a view to cofinancing investments of around eur500 million until 2030