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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. |
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Plastic Omnium becomes the official sponsor of Race for Water
Plastic Omnium shows its commitment to the energy transition and protection of the oceans from plastic pollution
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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. |
Watch the course of the Race for Water boat |
Business in the first quarter of 2018: up 2.8%
Further improvement in results expected in first semester 2018
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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. |
Plastic Omnium is strengthening its position as world leader of front-end modules
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.
2017 Results commented by Jean-Michel Szczerba, Co-Chief Executive Officer, Plastic Omnium (Only FR)
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2017: Strong growth and record results
Plastic Omnium once again achieved a record year.
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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. 2017 Annual results presentation2017 consolidated financial statements |
Discover Plastic Omnium's latest innovations at NAIAS Detroit Auto Show 2018: smart bumpers and tailgates
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.
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PLASTIC OMNIUM HAS DEVELOPED MORE INTELLIGENT BUMPERS WITH EMBEDDED INTELLIGENCE: • Innovative front grille • Impact detection and absorption system PLASTIC OMNIUM HAS DEVELOPED A LIGHTER AND MORE REACTIVE TAILGATE: • Safety and personalization • Interactive tailgate • More aerodynamic tailgate |
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Discover Plastic Omnium's latest innovations at NAIAS Detroit Auto Show 2018
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.
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PLASTIC OMNIUM INNOVATIONS FOR CLEANER ENERGY • Water injection system • Clean diesel: the SCR (Selective Catalytic Reduction) • Clean diesel: Dual SCR • Fuel cell system: A zero-emission solution |
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2017 Annual results
Plastic Omnium 2017 Annual results will be presented during an online presentation on Thursday, February 15th, 2018 at 09:15 am (Paris time).
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Please register now to: Conf call number: PIN Code: |
Plastic Omnium presents its latest innovations at NAIAS Detroit Auto Show for a safe and sustainable mobility
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.
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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
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.
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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 generated aggregate 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!
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
With the acquisitions of Swiss Hydrogen and Optimum CPV, Plastic Omnium reinforces its positioning as an electric propulsion player.
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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. 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.
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Hydrogen Council presents hydrogen as a pillar of energy transition
Hydrogen, a new energy for the automotive world.
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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
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.
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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. |
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