Plug-in Hybrid vehicles are equipped with both thermal and electric engines enabling vehicle usage in zero emissions area as well as inter cities journey with regular fuel autonomy. The smart system developed by Plastic Omnium enables a safe fuel storage during electric mode and refueling.
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Let’s explore how does it works in real conditions with our expert |
The SCR technology (Selective Catalytic Reduction) enables to reduces Diesel engines pollutant emissions up to 95%. Already on the market, the solutions developed by Plastic Omnium are compliant with the most stringent environmental reglutaions.
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Discover how does the system works with our expert. |
Over the first nine months of the year 2016, economic revenue of Plastic Omnium totaled €4,889.3 million, an increase of +12.1% in reported data, in comparison with the first nine months of the year 2015. Growth was +11.8% at constant scope and exchange rates (-€129.9 million due to currency effects and +€142.3 million due to scope).
French Prime Minister Manuel Valls inaugurated the Paris Motor Show on September 30th, 2016. He was welcomed on the Plastic Omnium booth by Laurent Burelle Chairman and CEO, who presented the Group’s latest innovations in the fields of weight reduction and de-pollution.
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Plastic Omnium booth at the Paris Motor Show
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Plastic Omnium, the world leader in exterior components and modules and in fuel systems, is stepping up its research to contribute to the future evolution of cars, by continuing to further reduce vehicle emissions.
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The company is already present on the emissions control market with its SCR system, as well as its pressurized fuel tank systems for hybrid vehicles. It is now positioned as an actor in vehicle propulsion systems using hydrogen and fuel cells. At the Paris Motor Show (Mondial de l’Automobile), the Group is presenting a high-pressure hydrogen storage prototype that can provide considerable autonomy and a recharge time of only 3 minutes, versus several hours for electric vehicles. Fuel cells will allow electric vehicles to overcome problems related to autonomy and recharge times that are currently restricting their development. Plastic Omnium and the Israeli company ELBIT Systems have just created a start-up, POCellTech, working with fuel cells and supercapacitors. A joint research center recently opened in Caesarea, Israel. Plastic Omnium provides its automobile expertise in the management of electronic systems and fluids. The company’s know-how, and ELBIT Systems’ existing developments are coming together to create a fuel cell with very low precious metal content, as well as a new range of supercapacitors.
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Ronan Stephan is appointed Scientific Director of Compagnie Plastic Omnium. Ronan Stephan reports to the Chairman and CEO’s and is a member of the Executive Committee.
Ronan Stephan (56 years old), ENSI, doctorate in Science, is a physicist who first specialized in research on magnetic and superconductive materials.
Compagnie Plastic Omnium announces the disposal of two subsidiaries in its Environment Division.
As announced, Plastic Omnium has completed today the acquisition of the Faurecia’s Exterior Systems business for an enterprise value of 665 million euros.
Over the first half of 2016, our growth, which hit 11% at constant exchange rates, accelerated, and we have once again converted this growth into a more solid increase of our profitability.
The European Commission has just authorized Plastic Omnium’s acquisition of Faurecia’s Exterior Systems business, subject to a certain number of disposal commitments.
These commitments represent approximately €700 million in revenue, half of which are composed of disposal of the French sites and a Spanish site for the bumper business, and half made up of the front-end module assembly business in Germany.
Plastic Omnium 2016 First-Half results will be presented during an online presentation on Wednesday, July 27th, 2016 at 11.00 am (Paris time).
Registration is required to attend this event.
To register, please:
1. Go to http://event.onlineseminarsolutions.com/r.htm?e=1223035&s=1&k=7F39DFA0B919FA5BBDBDB9685564B10B
2. As requested, enter your name, email address, company and country
3. The meeting includes a teleconference, simply dial one of the following access numbers:
Conf call number:
France: +33(0)1 72 00 15 10
United Kingdom: +44 203 043 2440
Germany: +49 6922 2229 031
Spain: +34 914 142 021
US: +1 877 887 4163
PIN Code:
– French: 72007498#
– English: 55909481#
In anticipation of high growth across the hybrid market (5.5 million cars in 2020 versus 2 million in 2015), Plastic Omnium is introducing a new-generation plastic tank for plug-in hybrid vehicles.
The plastic tank, featuring new INWIN technology, is 40% lighter than the metal model currently fitted on the majority of plug-in hybrid vehicles. It is designed to withstand the pressure created by fuel vapor when the vehicle is in electric-drive mode over long periods of time. The technology developed by Plastic Omnium is covered by 163 patents.
For the 1st quarter of 2016, economic sales1 reported by Compagnie Plastic Omnium reached €1,536.2 million, up by 6.0% over the 1st quarter of 2015 (up 7.8% at constant exchange rates).
Consolidated sales2 came to €1,300.8 million at constant exchange rates over the period (up by 6.7%).
On April 18, 2016, Plastic Omnium executed the SPA (Sale & Purchase Agreement) for the purchase of Faurecia’s Exterior Systems’ business.
The procedures with the employee representatives were completed.
The transaction must now be submitted to the European Commission and to other relevant competition authorities.
The Board of Directors of Compagnie Plastic Omnium co-opted Lucie Maurel Aubert, the Chief Executive Officer of Banque Martin Maurel, as an Independent Director.
The Annual Shareholders’ Meeting which will meet next April 28 will ratify this appointment.
The Board of Directors of Plastic Omnium now numbers five women among its thirteen members.
