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.

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Watch the course of the Race for Water boat

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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

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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.

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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“

2017: Strong growth and record results

15-02-2018 Finance

Plastic Omnium once again achieved a record year.

In 2017, we outperformed the global automotive market by nine points and posted growth across all operating regions. We successfully consolidated the businesses acquired in 2016 and continued to improve our industrial performance.
With our financial solidity and confidence in our capacity to continue to develop our activities and increase our profitability, we are stepping up our innovation program in order to address the challenges of tomorrow’s carbon-free, connected and autonomous cars. We are investing in new research centers, developing and acquiring new technologies, and training and recruiting tomorrow’s skills.
Our success remains underpinned by our industrial excellence and total quality for our customers.
In a mixed global environment, we are enthusiastic as we move into 2018 with the outlook of a further improvement in results.

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2017 Annual results presentation 2017 consolidated financial statements

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Discover Plastic Omnium's latest innovations at NAIAS Detroit Auto Show 2018: smart bumpers and tailgates

16-01-2018 Expertise

Plastic Omnium is presenting its latest innovations: more intelligent bumpers, lighter and more reactive tailgates,
illustrating its innovation strategy for a safer, cleaner and connected car.

PLASTIC OMNIUM HAS DEVELOPED MORE INTELLIGENT BUMPERS WITH EMBEDDED INTELLIGENCE:

• Integrated radar
Bumpers include optimally mounted and fully integrated radars, to provide first-class performance thanks to electromagnetic-wave permeable plastics.

• Innovative front grille
Plastic Omnium has developed a three-function front grille that incorporates new technologies: a chrome finish compatible with radars, De-icing system to ensure that the grille works in all weathers. An integrated lighting system based on flexible optical fibers.

• Impact detection and absorption system
Plastic Omnium offers an impact absorption module that incorporates a host of functions ranging from innovative detection systems to improved impact management. The bumper also includes an active aerodynamic system. It is also lighter, reducing CO2 emissions.

PLASTIC OMNIUM HAS DEVELOPED A LIGHTER AND MORE REACTIVE TAILGATE:

• Safety and personalization
Plastic Omnium has developed a new generation tailgate, made from high-performance composites. Thanks to the light plastic materials, many new aerodynamic and interactive functions can be integrated. The tailgate can display messages to “talk” to its surroundings. Many different messages can be displayed on a transparent area that also serves to display the driver’s own personalized messages.

• Interactive tailgate
Solutions have been developed that enable the tailgate to interact in three ways: the facial recognition system to open the vehicle; The “touch and open” and “touch and stop” systems work through conductive paint. The obstacle avoidance system for ground level or higher levels to avoid damage when opening the trunk.

• More aerodynamic tailgate
Active technologies such as an active rear spoiler, a side spoiler and a mobile diffuser under the floor, improve aerodynamics and allow a reduction of 2g / km of CO2.

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Discover Plastic Omnium's latest innovations at NAIAS Detroit Auto Show 2018

16-01-2018 Expertise

Plastic Omnium, the global leader in low emission fuel and exhaust treatment systems is presenting its latest innovations: PHEV and Hydrogen solutions illustrating its innovation strategy for a cleaner energy.

PLASTIC OMNIUM INNOVATIONS FOR CLEANER ENERGY

• Solution for hybrid motor
Plastic Omnium offers solutions for plug-in hybrids. The INWIN fuel system’s optimal architecture withstands increased gasoline vapor pressure when the vehicle is running on electricity. And TANKTRONIC®’s innovative, simplified architecture includes an E-valve with an electronic control device.

• Water injection system
First designed to improve engine performance, the water injection system significantly reduces fuel consumption, which in turn reduces CO2 emissions. A technology that can be adapted for all gasoline vehicles

• Clean diesel: the SCR (Selective Catalytic Reduction)
The technology involves vaporizing AdBlue®into the exhaust which, when it comes into contact with diesel exhaust gases, generates a chemical reaction that transforms polluting nitrogen oxides into harmless nitrogen and water vapor.

• Clean diesel: Dual SCR
Suited for new generations of Diesel engines, our Dual SCR system combines benefits from both AdBlue® and amoniac gaz direct injection to reduce NOx. Plastic Omnium’s technology improves SCR efficiency during engine start-up and in urban driving conditions.

PLASTIC OMNIUM INNOVATIONS FOR TOMORROW’S ENERGY

• A high-pressure hydrogen storage system.
The hydrogen is stored in tanks, made of composite materials and plastics that can withstand internal stresses. The tank is made from a thermoplastic sealing liner of around 5-mm and a thick carbon-fiber layer that takes up the mechanical stresses created by internal pressure in the tank.

• Fuel cell system: A zero-emission solution
One focus of innovation is to power electric vehicle motors with a fuel cell. The cell converts oxygen and tank-stored hydrogen into electrical energy to propel the vehicle.
The system discharges nothing other than water and heat.

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2017 Annual results

16-01-2018 Finance

Plastic Omnium 2017 Annual results will be presented during an online presentation on Thursday, February 15th, 2018 at 09:15 am (Paris time).

Please register now to:
http://event.onlineseminarsolutions.com/wcc/r/1574918-1/304CC612623F9B6F44F2F3556672B6AD

Conf call number:
– France (FR) : +331 70 71 01 59
– France (EN) : +331 72 72 74 03
– United Kingdom : +44 207 194 3759
– Germany : +49 692 222 2542
– Spain : +34 911 140 099
– US : +1 844 286 0643

PIN Code:
– French: 88204856 #
– English: 81038753#

Plastic Omnium presents its latest innovations at NAIAS Detroit Auto Show for a safe and sustainable mobility

15-01-2018 Expertise

Plastic Omnium’s goal is to offer automakers cutting-edge equipment and solutions that will bring to life tomorrow’s clean, connected car, embedding innovations in a sustainable development approach.

Lighter vehicles

Making vehicles lighter reduces their CO2 emissions, Plastic Omnium “lightweights” its exterior products while offering excellent mechanical performance and robustness. Reducing components weight is all the more vital for hybrid and electric vehicles as it increases their driving range and compensates for the battery weight.

Plastic Omnium’s expert engineers also offer automakers solutions to optimize passive and active aerodynamics, further reducing CO2 emissions.

The energy mix revolution

Plastic Omnium is the leader in energy storage and fuel systems, whether for standard gasoline, diesel vehicles and hybrids. Continuous improvement programs are active and cover all storage systems needs. Plastic Omnium is also working on alternative energy solutions such as hydrogen storage, fuel cells and supercapacitors. Plastic Omnium recently acquired two companies operating in the field of propulsion by hydrogen fuel cells: Swiss Hydrogen and Optimum CPV. These acquisitions reinforce the positioning of Plastic Omnium as an electric propulsion player.

More connected than ever

The market for connected cars is on the increase. Plastic Omnium’s development strategy is staying ahead of market changes.

Plastic Omnium is contributing to tomorrow’s intelligent car thanks to its expertise in function integration, backed by the outstanding electromagnetic transparency performance of plastics. The company’s exterior components will incorporate and protect a large number of radars, lidars and other sensors that will offer even greater styling flexibility on top of connectivity protective features.

Jean-Pierre Raffarin becomes Director of Plastic Omnium in China

11-01-2018 Finance

Jean-Pierre Raffarin, former French Prime Minister and Chairman of the Prospective and Innovation Foundation, joined the Board of Directors of Plastic Omnium Holding Shanghai, the Chinese holding company of the Plastic Omnium Group, as an independent director on January 1, 2018.

With his knowledge of China and international relations, Mr. Raffarin will advise Plastic Omnium in the development of its business in China, the largest global automotive market, where the Group generatedaggregate revenue of €1.2 billion in 2017 and employs 5,100 people on 26 production sites.

Over the next five years, Plastic Omnium expects to see strong growth in China, thanks to market share gains, development with local Chinese carmakers and the success of its innovative products for the mobility of the future.

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Come and visit Plastic Omnium at NAIAS Detroit auto show 2018!

11-01-2018 Expertise

Plastic Omnium, the world leader in automotive exterior products, fuel tanks and pollution reduction systems, is exhibiting its latest innovations from 15 to 19 of January 2018, room 310A.

Two strategic acquisitions in the hydrogen field

21-12-2017 Innovation

With the acquisitions of Swiss Hydrogen and Optimum CPV, Plastic Omnium reinforces its positioning as an electric propulsion player.

After the Israeli company Ξ PO-CellTech was set up in 2016 in the field of fuel cells and the Group joined the “Hydrogen Council” steering committee, two acquisitions reinforce Plastic Omnium’s strategic positioning as a key player in the field of electric propulsion.
• Swiss Hydrogen, a Swiss company, specialized in the design and production of solutions for the management and control of energy in fuel cell systems dedicated to mobility,
• Optimum CPV, a Belgian company specialized, in the design and production of tanks in filament composite for the storage of pressurized hydrogen.

All these new businesses, which should be enriched in the coming months, will be combined into a new entity and Management, “Plastic Omnium New Energies”, within the Storage and Propulsion division – Plastic Omnium Auto Inergy.

Press release

Hydrogen Council presents hydrogen as a pillar of energy transition

20-12-2017 Innovation

Hydrogen, a new energy for the automotive world.

On the occasion of COP 23, the 18 members of the Hydrogen Council met to promote hydrogen as a safe, clean and efficient energy. This annual meeting of CEOs opened a dialogue with representatives of governments, major multinationals in the automotive world and other sectors of the economy and laid a roadmap for the development of hydrogen.

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Plastic Omnium, a growth and innovation strategy

13-12-2017 Finance

To mark its Investor Day, the Group is unveiling its growth and innovation strategy geared towards meeting the new challenges of the connected, autonomous and carbon-free car.

Premium positioning to meet the challenges of the car of tomorrow

Building on the momentum offered by the continuous improvement of its industrial and financial performance, Plastic Omnium is in this way giving itself the means necessary to further accelerate its capacity for innovation so as to meet the challenges represented by the carbon-free, connected and autonomous car of tomorrow. Its ambitious and determined policy will give rise to both new technology investments and strategic acquisitions, as opportunities arise.

In carbon-free cars, Plastic Omnium is positioned as a player of storage for each form of energy, developing specific solutions for plug-in hybrid vehicles (PHEV), turbocharged engine vehicles and electric vehicles. The Group has also become involved in fuel cell propulsion.

For the connected and autonomous car, Plastic Omnium is positioning itself as the integrator of connectivity by developing its innovation capacity in complex modules that integrate radar and sensors in the exterior parts. By 2025, smart bumpers and smart tailgates will represent greater added value and embedded intelligence.

Find out how these new positions will enable Plastic Omnium to pursue long-term profitable and value-creating growth.

Press release

Investor Day presentation

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Plastic Omnium, a growth and innovation strategy - SHAPE THE FUTURE NOW -

Plastic Omnium invests €20 million in its Research and Development center in Lyon

28-11-2017 Finance

The objective is to address the challenges of the vehicle of the future.

The new challenges of connected, autonomous and cleaner vehicles motivate the ambitious program to expand and digitize ∑-Sigmatech, the center dedicated to exterior components and modules.

The challenges of the vehicle of the future are multiple and call for new skills: mechatronics, micromechanics, virtual reality and collaborative robot resources. The investment is part of the Group’s strategy to build its innovation capacity and it will have reached another technology milestone in its contribution to the automotive revolution currently underway.

In addition to technical equipments, renewed spaces and offices will be built and dedicated to collaborative work and will further develop teamwork between employees, the number of which will be increased from 550 today to 700 in 2020.

The first stept of the expansion project will consist in adding 4,000 m² in the industrial park that will then count 13 000 m². It will integrate new technological tools and strengthen the group’s ability to meet the new challenges of the connected, autonomous and cleaner vehicle of tomorrow.

Finally, a “life center” building will be added, which will include reception, restaurant and meeting areas as well as sports facilities.

The total area of the site will increase to 23,000 m2.

Press release

Sigmatech extension 2017