Plastic Omnium 2015 Interim results will be presented during an online presentation on Thursday, July 23th, 2015 at 9:00 am (Paris time).
|
Please register now to: https://pgi.webcasts.com/starthere.jsp?ei=1069754 Conf call number: Access code: |
Author: admin
Plastic Omnium starts production of its SCR diesel vehicle emissions reduction systems for Audi, Volkswagen and Porsche
Plastic Omnium is currently developing a technique to reduce nitrogen oxides (NOx) emissions from diesel vehicles called SCR (Selective Catalytic Reduction). SCR technology is based on the injection of an aqueous urea solution called AdBlue®, into the exhaust system.
|
Upon contact with the hot gases, AdBlue is converted by hydrolysis to ammonia, which then reacts with the nitrogen oxides to emit non-polluting water and nitrogen. The system reduces NOx up to 95%, bringing the level of NOx emissions of diesel vehicles below that of petrol vehicles, and into compliance with future environmental standards. In early 2015, Plastic Omnium began production of SCR systems for the Volkswagen Group new MLBevo platform. Following the Audi Q7, in production since February, production of SCR systems for the Audi A4 has just begun in the Polish plant in Lublin. The Audi A5, Volkswagen Touareg and Porsche Cayenne will be equipped with the system from 2016 and 2017. A total of 2 million SCR systems will be provided to the Volkswagen Group over the lifetime of this platform. Plastic Omnium, World no. 1 for fuel systems (more than 18 million fuel tanks produced in 2014), is now one of the leaders in SCR systems, in a market that is growing strongly due to tighter environmental standards for NOx reduction (Euro 6 in Europe and Tier 2 Bin 5 in North America). Worldwide, the SCR market will grow from 1.6 million systems in 2014 to 6.4 million in 2018 (0.6 million, and 5 million in Europe, respectively). With the launch of this major contract for the Volkswagen group, Plastic Omnium confirms the development potential of its SCR technology, now adopted by nine global manufacturers (Audi, Volkswagen, Porsche, Ford, General Motors, Chrysler, Renault, Nissan, Toyota). Plastic Omnium’s production volume, which totaled 300,000 units in 2014, is expected to grow to 2.2 million units in 2018, representing a global market share of 35%. The SCR system will contribute to achieving the target of a turnover of 7 billion euros for the Group in 2018.
|
|
First Quarter 2015 Revenue up 12%
Compagnie Plastic Omnium’s economic revenue for the first quarter of 2015 was €1,462 million, up 12%.
Plastic Omnium in China
New plants, new customers and new products to double revenue to €1 billion in 2018.
|
With the Auto Shanghai Exhibition around the corner (April 20-29, 2015), and the Group counting among its participants, Plastic Omnium sets out its latest developments on the Chinese market With 22 million vehicles produced in 2014, China is the leading global automotive market. It accounts for one-quarter of automobile production worldwide. |
|
Bordeaux Métropole awards two new markets to Plastic Omnium Environment
Bordeaux Métropole (formerly CUB (Bordeaux Urban Community)) – which covers 28 towns and villages and 724,000 inhabitants – has awarded Plastic Omnium Environment two important markets for a four-year period.
|
The first market involves the supply of more than 140,000 wheeled waste collection containers for the collection of household waste and the selective recycling of waste. The second market, which has just been awarded, is the maintenance of waste equipment. Plastic Omnium will provide these services from its service base at Mérignac, where ten people are employed. |
|
Plastic Omnium wins awards for its innovations in the field of composite materials with PSA Peugeot Citroën and Hyundai Motor Europe
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:
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.
|
A front impact beam for Hyundai Motor Europe
Front floor for PSA Peugeot Citroën
|
PLASTIC OMNIUM REWARDED BY TOYOTA
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. |
|
Net income up 14% in 2014
Plastic Omnium posted a further year of profitable growth and debt deleveraging, with improvement in all consolidated data in 2014…
|
2014 Financial results presentation |
Sale by the Environment Division of its road signage activity in Switzerland
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.
Plastic Omnium presents its 2014-2018 growth and innovation strategy
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.
Open pdf file
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
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
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…
Third-Quarter 2014 revenue
Business activity up 5.4% in first 9 months 2014
First-half 2014 net income grows by 12%
The Board of Directors of Compagnie Plastic Omnium met on July 22, 2014 under the chairmanship of Laurent Burelle.
First-half 2014 Results – According to IFRS standards 10/11/12
The new IFRS 10/11/12 standards, effective from January 1, 2014, require jointly controlled entities to be reported using the equity method.