Sponsor of the Château de Versailles and the Centre Pompidou

17-10-2018 Act For All

October was highlighted by two major events in the world of art for which Plastic Omnium is sponsor: the restoration of the “Salle du Sacre” at the Château de Versailles and the inauguration of the “Le Cubisme” exhibition at the Centre Pompidou.

Promoting Plastic Omnium’s values

Plastic Omnium is proud of its French roots and its DNA as a pioneer and family company. The company supports initiatives that bring its values to life around the world. Patron of the Château de Versailles and the Centre Pompidou, October 2018, is marked by the completion of two projects to which Plastic Omnium contributed: the restoration of the “Salle du Sacre” at the Château de Versailles and the exhibition “Le Cubisme” to visit at the Centre Pompidou de Paris.

Restoration of the “Salle du Sacre” of the Château de Versailles

The public establishment of the Château, Museum and National Estate of Versailles wished to include in its work plan the restoration of the Salle du Sacre and its painted decorations, located on the first floor of the central body of the Château de Versailles. Its restoration is being undertaken on the occasion of the major exhibition devoted to Louis-Philippe and Versailles, which will be presented at the Château de Versailles until 4 February 2019.

Inauguration of the exhibition Le Cubisme at the Centre Pompidou

The Centre Pompidou offers an original crossing and a complete panorama of one of the founding movements of the history of modern art: cubism (1907-1917).

The first exhibition devoted to this movement in France since 1953, it is rich in 300 pieces and significant documents on the influence of Cubism. They stand out from the masterpieces as well as groups of paintings and sculptures never assembled. Through a journey that informs the general public of the key concepts, tools and procedures that have ensured the unity of cubism, the exhibition highlights the experimental and collective character of this movement, whose revolutionary aesthetics is both the matrix and the language itself of modernity. Exhibition is open until February 25, 2019.

To learn more about Plastic Omnium’s CSR approach, consult the report Responsibilities and Commitments.

a painting of an illustration of exhibition Louis Philippe And Versailles

Cubism art

Video: discover how Plastic Omnium fuel cells propel "Race for Water”

12-10-2018 Innovation

The Race for Water boat, powered by renewable energies, travels the world to raise awareness to fight plastic pollution in the oceans and promote the energy transition. Watch this video showing how Plastic Omnium is supporting the boat’s adventure with its fuel cells that transform hydrogen into electricity. You can also meet the Race For Water boat on our booth at the Paris Motor Show until October 14th.

The Race for Water odyssey is involved in finding solutions to prevent plastic waste, which today constitutes 80% of marine waste, from reaching the oceans. The aim is to help to recover plastic waste by drawing inspiration from social entrepreneurship and the circular economy. The Race for Water Foundation has thus devised a way to transform wild plastics into energy in order to interest the populations affected by this pollution in their collection, as they already are for the collection of many materials, such as aluminium, paper, cardboard or glass.

Plastic Omnium is committed to protecting the environment

Symbolically, it also sensitizes the world’s population to the need to make the transition to energy with its revolutionary boat powered by solar, wind and hydrogen energy. Indeed, Plastic Omnium fuel cells, thanks to the desalination of seawater, allow the ship to move forward with a 0 impact on the environment. Discover the process by watching this video.

Race for Water at the 2018 Paris Motor Show

To discover the mock-up of the Race for Water odyssey boat and watch this film again, visit our stand at the 2018 Paris Motor Show until October 14.

Follow the odyssey of the Race for Water Foundation

Leaving Lorient in 2017, the Race for Water boat will be back home in 2021 after a final visit to Tokyo in 2020. Follow on our website the main steps and its journey on the expedition’s blog.

Photo credit : Peter Charaf

A look back at the professional days of the 2018 Paris Motor Show

09-10-2018 Innovation

On 2 and 3 October at the Paris Motor Show, the event was exclusively reserved for industry professionals and journalists. A look back at these two days, punctuated by Plastic Omnium’s press conference and the visit of French President Emmanuel Macron.

Plastic Omnium press conference confirms the targets set

In a growing and rapidly changing global automotive market, Plastic Omnium’s innovations continue to focus on sustainable mobility. This positive message was the beginning of the press conference. Innovation, at the heart of Plastic Omnium’s DNA, is supported by the Group’s R&D investments to develop the clean and connected car of tomorrow.

Intelligent Exterior Systems Innovation

Plastic Omnium offers intelligent systems made of thermoplastic and composite materials (Smart Bumper, Smart Panel,…) able to let complex waves work through. This feature allows radars, which are essential to the connected car, to be protected from the elements as well as to carry out their mission while preserving the aesthetic appearance of the vehicle. These thermoplastic materials will even be able, in the near future, to integrate these radars into their material, thus giving free rein to the creativity of car designers.The Smart Tailgate, stylish and 30% lighter, benefits from aerodynamic systems to reduce CO² emissions by 2.5g. Equipped with a “Touch & Open” surface, it is also communicating and disseminates welcoming or security messages.

Clean Energy Systems Innovation to reduce the carbon impact of vehicles on the environment

With “Water Injection” 15% of CO² consumption and emissions are reduced while boosting engine performance. Also on booth the Tanktronik®, tank for the plug-in hybrid vehicle, which is expected to grow strongly. Plastic Omnium also invests in research into fuel cells and hydrogen. With this technology, vehicles do not emit CO2, only water vapour. Quick to recharge, they offer in only 3 minutes up to 800 km of autonomy. A solution as positive for the planet as it is interesting for manufacturers. The objective is to develop a system at a price equivalent to a current combustion engine in the long term.

Modular innovation

On the modules and front-end, Plastic Omnium relies on HBPO, its 66.67%-owned subsidiary. HBPO’s expertise allows up to 70 components to be integrated into a front end module and offers a high degree of model modularity: up to 3000 different configurations can be achieved per model.

The visit of the French President Emmanuel Macron

On October 3, Laurent Burelle presented President Emmanuel Macron, visiting the Paris Motor Show, with Plastic Omnium’s latest innovations to promote the clean and connected mobility of tomorrow.

The Paris Motor Show is open until October 14th, it is now time to try out our innovations. RDV Hall 1 – Booth 315 at Paris Expo, Porte de Versailles.

Photo credits – Matthew Oliver

Clean and connected mobility at the heart of PLASTIC OMNIUM’s stand at the Paris Motor Show

02-10-2018 Innovation

Plastic Omnium, world leader in intelligent automotive exterior systems, clean energy systems and complex modules, presents its latest solutions for clean and connected mobility at the Paris Motor Show.

A major player in the transition towards clean mobility, with solutions to:

• in the short term, achieve the CO2 reduction targets for vehicles set for 2021: reduction in vehicle weight, active and passive aerodynamic optimization solutions and specific electronically managed tanks for plug-in hybrid vehicles (PHEV);

• in the longer term, aim for entirely decarbonized mobility, thanks to the fuel cell (up to 800 km autonomy with zero emissions).

Essential know-how for manufacturing an autonomous, connected vehicle:

• expertise in function integration: up to 50 high technology components incorporated into a bumper to increase human perception, and make driving simpler and safer.

• mastery in complex materials whose physical properties make them permeable to the waves from embedded equipment for autonomous driving (radars, lidars).

A Group that has made innovation a priority

Plastic Omnium, with 31,000 employees in 122 plants in 26 countries, employs over 3,500 engineers in 24 R&D centers worldwide. The Group dedicates 6.4% of its revenue to Research and Development and is investing €100 million in the construction or extension to 3 R&D centers (France, Belgium and China).

Plastic Omnium already has an eco-system of start-ups, partnerships with major universities and a Scientific Analysis Committee, bringing together internationally recognized experts in the areas of artificial intelligence, predictive data analysis and wave propagation.

Open pdf file

Plastic Omnium will attend the 2018 Paris Motor Show

19-09-2018 Innovation

Save the date! Plastic Omnium will attend the Paris Motor Show from October 4 to 14, 2018 in Paris Porte de Versailles. For nearly two weeks, you will have the opportunity to discover and experience our latest innovations. Visit us Hall 1 – Stand 315.

Plastic Omnium at the 2018 Paris Motor Show

It is essential to continue to reduce the weight of exterior body parts – by maximizing performance – and to develop CO²-free solutions. This objective drives the creation of more respectful mobility for the environment, which is already being seen with the introduction of hybrid and electric vehicles. New technologies allow us to continuously improve the driver experience for more design, sustainability and greater safety.

The 2018 Paris Motor Show: a prime event

As a partner of 83 international automotive brands, Plastic Omnium could not miss the 120th anniversary of the World Motor Show. Are you curious to understand how a hybrid car works with a hydrogen fuel cell? Would you like to put your hand on our tactile tailgate and watch a trunk open or close at this simple touch? Visit stand 315 in Hall 1 to discover Plastic Omnium’s intelligent systems for the clean and connected car of tomorrow.

Press contacts

Adeline Mickeler
Executive Vice-President Communications
Tel.: +33 (0)1 40 87 64 00
By e-mail

DGM Conseil – Tarick Dali
Tel.: +33 (0)1 40 70 11 89
By e-mail

Share capital reduction of 0.74% through the cancellation of treasury stock

26-07-2018 Finance

The Board of Directors of Compagnie Plastic Omnium, in a meeting held on July 19th, 2018, decided to proceed to the cancellation of 1,110,613 treasury shares, representing 0.74% of the share capital of the company.

This operation was completed today.

As a result of this operation, the share capital of Compagnie Plastic Omnium is reduced from 150,976,720 ordinary shares to 149,866,107 ordinary shares with a par value of €0.06, ie. an amount of €8,991,966.42.

The holding company Burelle SA increases its control from 57.57% to 58%.

Open pdf file

First-half 2018: Further improvement in results

20-07-2018 Finance

Major strategic advances
Proposed disposal of the Environment business

Plastic Omnium, an innovative company employing more than 3,200 engineers in 24 R&D centers worldwide, dedicates 6.4% of revenue to Research & Development, supplemented by a further 1.5% spent on investment in technologies. Over the next two years, the Group will therefore be allocating 1.2 billion euros in R&D for a safer, more connected and cleaner car.

Now exclusively focused on the development of automotive activity after the expected sale of its Environment business in the second half-year, Plastic Omnium is also underpinning its leadership through structuring acquisitions, the latest in line being the operational controlling stake in the German company, HBPO, the world leader in the production of front-end modules posting revenue of over 2 billion euros.

Backed by a wide-ranging client portfolio (82 client brands), worldwide presence (122 plants in 26 countries) and technologies, Plastic Omnium is speeding up its profitable growth strategy for the production of intelligent exterior systems and clean energy systems, together with the assembly of complex modules for the car of the future.

Looking to the future with confidence, the Group can confirm that 2018 results will again show further growth.

Open pdf file

2018 Interim results presentation 2018 Interim results report

To view the replay of the Webcast, click here

Proposed sale of the Environment business

19-07-2018 Act For All

On July 19, 2018, Compagnie Plastic Omnium signed a put option with the consortium made up of Latour Capital and Bpifrance (Banque publique d’investissement) for the sale of its subsidiary Plastic Omnium Environment BV. The closing of this operation is expected by the end of 2018.

The Environment business – which is Compagnie Plastic Omnium’s founding business – is the European leader in the containerization of waste. Standalone, profitable and cash-generating, with 6 plants in France, Germany and Spain, an R&D center, a customer service center recently inaugurated at Saint Priest (France), and with the large network of agencies and service desks serving 8,000 customers, this business generates an annual revenue exceeding €330 million, thanks to a broad range of products and services dedicated to waste management (wheeled bins for household waste, collection banks, composters, underground and semi-underground containers; maintenance, washing, surveys and implementation, data management, incentive-based invoicing systems, etc.). Plastic Omnium Environment employs 1,800 people operating across 12 countries.

Plastic Omnium is committed to choose a buyer who understands the businesses of its Environment activity, who has developed an ambitious industrial project both for France and internationally and who is in line with its culture of excellence.

This disposal project will be subject to the procedures involving employee representatives in the countries concerned and must be submitted to the relevant competition authorities.

Open pdf file

Plastic Omnium finalizes its reinforced stake in HBPO, world leader in front-end modules

26-06-2018 Expertise

Having obtained authorization from the relevant competition authorities, Plastic Omnium today completed the acquisition of the German Group, Mahle’s 33.33% equity investment in the joint venture, HBPO, up to now held equally by Plastic Omnium, Hella and Mahle-Behr.

Plastic Omnium now owns 66.66% of HBPO.
This acquisition was signed for an enterprise value of €350M, financed from the Group’s own resources.
HBPO is the world leader in the development, assembly and logistics of automotive front-end modules with 20% of worldwide market shares.

Open pdf file

The champions of the stock exchange

20-06-2018 Finance

On June 19, 2018, Laurent Burelle received for the second year in a row the Stock Exchange Champions Award, by Investir magazine for the best SBF 120 stock market performance over 10 years. The ceremony took place in Paris.

François Monnier, Managing Editor of Investir, Laurent Burelle, Chairman and Chief Executive Officer of Plastic Omnium, Matthias Baccino CEA France of Binck and Rémy Le Bailly, Editor-in-Chief of the Investir magazine.

Plastic Omnium wins two awards – CLEPA and its customer Hyundai – for its smart fuel system for plug-in hybrid vehicles

14-06-2018 Innovation

On 13 June, CLEPA, the European Association of Automotive Suppliers, presented its 2018 environmental innovation award to Plastic Omnium for the Tanktronic^® system. The smart fuel system for plug-in hybrid vehicles has been developed over the past nine years by the Group and for which 212 patents have been filed. The prize is awarded by an independent jury made up of leading figures in the automotive sector.

On 15 May of this year, Plastic Omnium received the Hyundai Superior Technology Supplier award for the fuel system used in Hyundai Ioniq and Kia Niro plug-in hybrid vehicles, which have been produced in Korea since the end of 2016.

Tanktronic^®, 40% lighter than its metal equivalent and is fitted with internal and external stiffeners to manage fuel vapor pressure variations when the vehicle is operating in electric mode. The electronically controlled system is both efficient and energy-saving and thus helps reduce vehicle emissions.

These two awards reflect the success of Plastic Omnium’s innovative range of products for plug-in hybrid vehicles, which is expected to account for more than 7 million vehicles in 2025, up from 0.5 million in 2017.

Open pdf file

13 June 2018, CLEPA award ceremony, The Hague (Holland)

David HILL, Research Program Director – Plastic Omnium

Jean-François BERARD, VP Strategy, Research and Development Plastic Omnium

Plastic Omnium becomes the official sponsor of Race for Water

31-05-2018 Innovation

Plastic Omnium shows its commitment to the energy transition and protection of the oceans from plastic pollution

Plastic Omnium is partnering with the Race for Water Foundation, becoming the official sponsor of Race for Water, a ship powered by a combination of renewable energies-: solar, wind and hydrogen-. This revolutionary vessel left Lorient in April 2017 for a 5-year world tour to promote the energy transition. It is committed to preserving the oceans from plastic pollution.

Contributing to scientific knowledge, building awareness and educating, and implementing sustainable solutions designed through innovative technologies: these are the three aims that the Plastic Omnium is proud to support during the Race for Water odyssey, which will span five continents and stop at thirty-five different ports by July 2021.

In addition to this sponsorship, Plastic Omnium also confirms its commitment in the field of fuel cells and hydrogen propulsion. The Group’s investments have grown to €100 million in two years, and will be doubled by 2020.

The Group already has an electric car fitted with a fuel cell, which is powered by a 350 bar-pressurized hydrogen tank. The vehicle, which has already traveled over 150,000 kilometers, has a range doubled thanks to this system. Plastic Omnium will unveil the new fuel cell demonstrator electric car in mid-2019.

Open pdf file

Watch the course of the Race for Water boat

Click here

Business in the first quarter of 2018: up 2.8%

24-04-2018 Finance

Further improvement in results expected in first semester 2018

Compagnie Plastic Omnium’s economic revenue amounted to €1,942 million in the first quarter of 2018, up 2.8% at constant perimeter and exchange rates.
The Automotive Division posted growth of 3.1%, while worldwide automotive production was down 0.6% over the period.
”As expected, our business outperformed worldwide automotive production by almost 4 points. The second quarter will see much stronger growth. Our results will continue to improve in the first semester and throughout the year.
Meanwhile, we’re stepping up our innovation program and technological developments, geared towards clean and connected mobility.“
Laurent Burelle, Chairman and Chief Executive Officer

Open pdf file

Plastic Omnium is strengthening its position as world leader of front-end modules

01-03-2018 Expertise

On March 1st, 2018, Compagnie Plastic Omnium signed an agreement with the German group Mahle to acquire its 33.33% shareholding in the HBPO joint venture, up to then held equally by Plastic Omnium, Hella and Mahle-Behr.
This acquisition was made at an enterprise value of €350 million and will be financed by the group’s own resources.
After this transaction, Plastic Omnium will hold 66.66% of HBPO and Hella 33.33%.

The size and technological expertise of HBPO will enable Plastic Omnium to speed up its development in smart modular products faced with the technological challenges of tomorrow’s autonomous and connected car.
Plastic Omnium will unveil its strategic deployment plan after the relevant competition authorities have approved it.
The transaction shall now be submitted to the competition authorities concerned and should be finalized during 2018.

Open pdf file

2017 Results commented by Jean-Michel Szczerba, Co-Chief Executive Officer, Plastic Omnium (Only FR)

16-02-2018 Finance

“Interview conducted by the journalist Didier Testot on the Web Tv www.labourseetlavie.com“