Compagnie Plastic Omnium today completed a €500 million 7-year 2.875% inaugural bond issue for European investors, without covenants or ratings.
Compagnie Plastic Omnium’s consolidated revenue rose by 3.2% to €1,230 million in the three months that ended 31 March 2013. At comparable exchange rates and scope of consolidation, the increase was 3.7%.
Plastic Omnium today announced plans to close its bumper manufacturing plant in Herentals, Belgium in summer 2013.
Plastic Omnium reported further increases in revenue and earnings in 2012.
Compagnie Plastic Omnium, which was founded in Lyon, is the historic owner of land in the Gerland neighbourhood of the city.
Compagnie Plastic Omnium revenue for the year ended 31 December 2012 totaled € 4,806.2 million, representing an increase of 13.9% as reported and 8.5% at constant scope of consolidation …
Following an announcement by the NYSE Euronext stock exchange, the Plastic Omnium share will join the Compartment A of Euronext Paris as from 17 January 2013.
Security should not be based on a few specialists to ensure compliance. Instead, each of the employees of the whole company must feel personally committed to ensuring, at all times, his safety and that of his colleagues.
Plastic Omnium is committed to this progressive path to create a culture of health and safety truly shared. We want all our employees to be vigilant, not only for themselves but also for others.
The six EHS non negotiable!
The three divisions of the Group have together defined the six cardinal rules that all employees must be aware of to prevent serious accidents.
Six themes are tackled: pedestrian circulation, personal protective equipment,forklifts, suspended loads, lockout-tagout, work at weight.
These rules are communicated to all sites and circulated on posters.
A the end of 2014, the new European regulations for diesel vehicles will require car manufacturers to equip their new vehicles with more effective pollution-control systems. A context that is very favorable to fast-expanding SCR solutions.
Faced with this increase in the number of its projects, INERGY is strengthening its human and technical resources.
Between 2011 and 2016, the world market for SCR systems should grow from less than one million to more than seven million parts per year. INERGY aims to be the world leader in this area and we are progressing in this direction with our customers.
Strengthening the teams…
This development of course implies a strengthening of our teams. INERGY will soon recruit almost 90 persons in different areas: project management, product development, quality, system control and other support services.
Production staff also will be strengthened with eventually about 250 people dedicated to the production of these systems, compared to 30 today.
Plastic Omnium has been awarded a contract to supply household waste containers to the City of Budapest in Hungary.
The decline in the European automobile market and the carmakers industrial strategies have led to persistent excess production capacity in Western Europe.
The French Bort-les-Orgues plant now produces the wheel tires equipping its household waste bins.
This innovation, which resulted in two patent applications, is the result of the ingenuity of one of the operators and of the three years of development at the ?-Sigmatech R&D center.
Over and above their ecological advantages, these tires are lighter and quieter. The prototype production line was started in June 2011. The cities of Douai (northern France) and Suresnes (Paris Region) already benefit from this innovation. This development is perfectly in line with the sustainable development and innovation policy dear to the Group.
Even before the introduction of the REACH Regulation, Plastic Omnium was already applying a proactive policy for the management of chemical hazards, with an overarching concern for protecting the …
The Group had therefore deployed measures mainly focused on the 10% of substances that represent 80% of the hazards, namely SVHC (Substances Very High Concern) and CMR (Carcinogenic, Mutagenic or toxic to Reproduction).
250 staff were trained. The system centers ont he X-MAT database, managed by the specialist EcoMundo, which raises the alarm if a product known to contain these incriminated substances is entered. By 2013, X-MAT should be extended to other substances to monitor all incoming products.
X-label labeling module, extension of X-MAT.
In addition, the ?-Sigmatech site is testing the X-label labeling module. After granting authorization to use the product entered the system provides access to a simplified safety data sheet and printing of a label showing the applicable safety rules.