Plastic Omnium wins awards for its innovations in the field of composite materials with PSA Peugeot Citroën and Hyundai Motor Europe

09-03-2015 Expertise

On March 10, Plastic Omnium will receive two ”Innovation Awards“, from JEC, the world’s largest composite materials industry organization, for two innovations developed jointly with partners, one with PSA Peugeot Citroën and the other with Hyundai Motor Europe.

JEC will present 18 prizes on that day, each one honouring an equipment category. Plastic Omnium will receive awards in two categories:

In the Automotive Body-in-White category, Plastic Omnium and PSA Peugeot Citroën have developed a solution replacing the traditional steel underbody with a self-supporting thermosetting resin floor reinforced with fiberglass. This notably reduces the number of parts to be assembled from more than 30 to just 4 main components and gives a weight reduction of 8 Kg for a mid-range model. This technology is compatible with the systems used to assemble car bodies and can be used for a multi-material approach with steel;
In the Automotive Safety category, Plastic Omnium has developed a front impact beam for Hyundai Motor Europe that is 43% lighter. This represents a weight saving of 3.7 kg compared with the same part made of sheet steel. A new technology combining a pultruded fiberglass and carbon fiber reinforcement overmoulded with a thermoplastic resin makes it possible to achieve high levels of performance at a competitive price.

These two innovations provide the same level of impact resistance as current parts made of metal.

The aim is to equip a first Hyundai vehicle with this new impact beam by 2017. The innovation could then be used on future vehicles.

The PSA front floor equipped the Peugeot 208 Hybrid Air and Citroën C4 Cactus Concept Airflow prototypes showcased at the Paris Motor Show in October 2014. The first applications envisaged could be unveiled in 2020.

Furthermore, in a few months’ time Plastic Omnium will launch the production of its first composite recycled carbon fiber-based structural part for a leading European carmaker.

Through its work on new generations of high-performance plastics and recycled carbon fibers, Plastic Omnium is endeavoring to make composites increasingly accessible for mass production applications in the automotive industry.

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A front impact beam for Hyundai Motor Europe

Plastic Omnium Composite materials innovation

Front floor for PSA Peugeot Citroën

PLASTIC OMNIUM REWARDED BY TOYOTA

02-03-2015 Expertise

On February 27, 2015, Plastic Omnium was awarded the Superior Quality Performance trophy by Mr. Akio Toyoda, President of the Toyota group.

Every year, this global trophy is awarded to the suppliers with the best quality in a major family of products. Plastic Omnium won the trophy in the Body Parts category for the supply of fuel systems. Plastic Omnium has been supplying Toyota since 2004. In 2014, Plastic Omnium’s local factories delivered 1.3 million fuel systems to Toyota on 4 continents: China, Thailand and India in Asia, France in Europe, Brazil and Argentina in South America, and South Africa.
Starting in 2015, Plastic Omnium will also be supplying Toyota in Japan with its first SCR systems for nitrogen oxide (NOx) emissions control systems for diesel engines.

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Plastic Omnium rewarded by Toyota

Net income up 14% in 2014

25-02-2015 Finance

Plastic Omnium posted a further year of profitable growth and debt deleveraging, with improvement in all consolidated data in 2014…

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2014 Financial results presentation

Annexe financière 2014 (FR only)

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Sale by the Environment Division of its road signage activity in Switzerland

23-12-2014 Act For All

Plastic Omnium finalized the sale of its 50% shareholding in Signal AG, a company registered in Switzerland specialized in road marking, signage and services.

This company, held jointly with a Swiss partner, achieved a turnover of 50 MCHF (42 M€) in 2014 . The 50% shareholding were sold for 20 MCHF.

The Environment Division continues to refocus on its waste containers business with a view to grow this activity.

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Plastic Omnium presents its 2014-2018 growth and innovation strategy

02-12-2014 Innovation

Plastic Omnium presents its 2014-2018 growth and innovation strategy during its Investor day held in Compiègne (France) at its new global R&D center, ?-Alphatech.

Revenue of €7 billion in 2018

Plastic Omnium, whose development strategy is focused on strengthening its industrial facilities worldwide, and on the ambitious development of its new product lines, confirms that its business will grow twice as fast as the global automotive market in 2014-2018, reaching €7 billion in revenue in 2018, compared with the estimated €5.3 billion in 2014. At that time, Europe will account for 50% of the total figure, North America for 29% and Asia for 18%, with revenue in China doubling between 2014 and 2018 (28 plants in 2018).

€1.7 billion in self-financed investments in 2014-2018

In order to meet the commercial success experienced among leading automobile manufacturers worldwide, Plastic Omnium plans to invest €1.7 billion in 2014-2018, compared with €1 billion in 2009-2013. These investments are intended to develop new automobile programs and to expand the group’s industrial facilities, which are currently well loaded. Accordingly, the group plans to open 20 new plants in 2014-2018, including 12 in Asia.
In so doing, Plastic Omnium – already the world leader in its businesses – will strengthen its leading market positions with 15% market share expected in bumpers in 2018 (10% in 2014) and 24% in fuel systems (21% in 2014).

€1 billion in revenue in new product lines in 2018

Increased regulatory constraints worldwide aimed at protecting the environment (CO2, NOx) represent a major driver of growth for Plastic Omnium’s businesses. Accordingly, the group is developing innovative solutions to make vehicles lighter (plastic tailgates, parts made with composite materials and carbon fiber) and to improve aerodynamics (light-air bumper), together with systems to remove NOx (DINOx-SCR).
The ramp-up of these new product lines will enable Plastic Omnium to generate nearly €1 billion in revenue with innovative solutions in 2018, i.e. 15% of revenue, compared with 5% in 2013.

Benchmark profitability

The strong growth expected in 2014-2018 will be accompanied by the rigorous management of industrial costs and projects, which will continue to position Plastic Omnium’s profitability within the benchmark of the automotive manufacturer industry.

A detailed presentation of this 2014-2018 growth and innovation strategy is available.
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The 2014-2018 data provided in this document were prepared according to the same methods used in 2013 to prepare the audited consolidated financial statements, thereby reflecting the Group’s operational and managerial reality.

Plastic Omnium unveils a new generation of wheelie bins at the Pollutec trade fair

26-11-2014 Act For All

Lighter, stronger, greener and quieter, the new 180-liter wheelie bin will be presented by Plastic Omnium at the next Pollutec trade fair (Lyon, 2-5 December).

This innovative bin meets the concerns of citizens and local authorities by reducing noise pollution and respecting the environment.

This wheelie bin, boasting a new design, is equipped with a lighter lid attached to axles and is therefore quieter when closed. It also has wheels made of rubber powder from recycled tyres which are more flexible and offer better vibration absorption. Lastly, the rolling noise is also reduced thanks to more shock-absorbing bindings.

Together, all these technical developments lead to a strong reduction in the noise produced when moving and handling the bins upon waste collection.

This new bin, developed at the ?-Sigmatech Research and Development center in the Lyon suburbs, illustrates the Plastic Omnium group’s determination to build its development on an innovative product and services range. Indeed, 5% of the group’s revenue is invested every year to that end.

Find Plastic Omnium at the Pollutec trade fair held from 2 to 5 December in Lyon, Stand No. 292 – Hall 4, Aisle H

Share capital reduction of 0.9% through the cancellation of treasury stock

29-10-2014 Finance

Pursuant to the authorization given by the Shareholders meeting of April 30th 2014, the Board of Directors of Compagnie Plastic Omnium, in a meeting held on October 24th 2014…

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Third-Quarter 2014 revenue

16-10-2014 Finance

Business activity up 5.4% in first 9 months 2014

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First-half 2014 net income grows by 12%

24-07-2014 Finance

The Board of Directors of Compagnie Plastic Omnium met on July 22, 2014 under the chairmanship of Laurent Burelle.

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First-half 2014 Results – According to IFRS standards 10/11/12

24-07-2014 Finance

The new IFRS 10/11/12 standards, effective from January 1, 2014, require jointly controlled entities to be reported using the equity method.

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Two news plants in the United States

22-05-2014 Finance

Plastic Omnium has begun work on the construction of two plants in the US: the one produces auto exterior parts in Chattanooga (Tennessee), aimed at supplying the Volkswagen plant nearby; …

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Votes of the resolutions – Shareholders' meeting of April 30, 2014

05-05-2014 Finance

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Business activity in the First-Quarter of 2014

17-04-2014 Finance

Revenue is determined using the same methods as those used in 2013 to prepare the audited consolidated statements. It provides an accurate picture of the Group’s economic and managerial situation.

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Revenue in the first-quarter of 2014 – According to IFRS standards 10-11-12

17-04-2014 Finance

According to the new IFRS standards 10/11/12, applicable from January 1, 2014, revenue for Compagnie Plastic Omnium amounted to €1,103.5 million in the First-Quarter of 2014.

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2013 Annual Results

27-02-2014 Finance

Plastic Omnium recorded strong earnings growth in 2013.

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