Individual shareholders’ visit at plant in Herentals (Belgium) on november 30TH

Plastic Omnium organized a visit of an industrial site for its individual shareholders on November 30th, 2023.

Almost twenty individual shareholders had the opportunity to visit our Herentals site in Belgium to discover the Group’s means of production for hydrogen tank systems, as well as energy and depollution systems. The site produces more than 1 million fuel tanks per year and the annual production capacity of high-pressure hydrogen tanks reaches 10,000 tanks.

Opened in 1997, our Herentals site now employs nearly 200 people and has undergone numerous developments to become a state-of-the-art center for the development of hydrogen tanks. The first production line for high-pressure hydrogen tanks was set up in 2020.

This visit was also an opportunity to discover the means of energy production located on the Plastic Omnium site: solar panels installed since 2019 and a wind turbine since 2022 with annual productions of 1 GWh and 8 GWh respectively, allowing to cover more than 50% of the energy consumption of the Herentals site.

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EKPO receives funding of EUR 177 million for the ongoing refinement of high-performance fuel cell stacks

– Funding of up to EUR 177 million for EKPO granted by the federal and state governments as part of the European “IPCEI Hydrogen” program until 2027

– Funding to be used to expand the EKPO product portfolio within the high-performance segment by developing and industrializing a new generation of PEM fuel cell stack modules for heavy-duty applications

– Dr. Gernot Stellberger, Managing Director at EKPO Fuel Cell Technologies: “The funding provided will enable us to expand our product portfolio in the high-performance segment and evolve our business model.”

Dettingen/Erms (Germany), November 15, 2023 +++ Fuel cells represent a key technology when it comes to successfully shaping the transformation of the mobility sector. EKPO Fuel Cell Technologies (EKPO), a leading technology provider specializing in the development and large-scale production of fuel cell stacks for carbon-neutral mobility, has now received confirmation of the Federal Ministry for Digital and Transport that it is to be granted funding of up to EUR 177 million for the years up to and including 2027 as part of the European “IPCEI Hydrogen” (Important Project of Common European Interest) program. Funding will be provided by the Federal Ministry for Digital and Transport and the Ministry of the Environment of the state of Baden-Württemberg.

The EKPO project, aimed at developing and industrializing a new generation of high-performance PEM fuel cell stack modules for heavy-duty applications, had previously been selected by the German government. The high-performance stack modules are to be deployed primarily in the commercial vehicle sector, but also in buses and maritime applications, in the field of rail transportation, and in stationary systems. Alongside development, funding also covers preparations at a commercial level through to series production of the innovative fuel cell stacks.
Asked to comment, Dr. Gernot Stellberger, Managing Director at EKPO Fuel Cell Technologies, said: “The funding granted is to be seen as an important pillar for EKPO’s future development and will unlock new opportunities for us to significantly expand our product portfolio, particularly in the heavy-duty/high-performance segment, and to evolve our business model. This is underpinned by our already market-leading stack technology and our high level of expertise in the field of industrial-scale production.”

Implementing the IPCEI forms part of the federal government’s National Hydrogen Strategy, which is geared toward making hydrogen technology established in Germany within competitive structures. To this end, the federal government had selected 62 large-scale projects to be jointly funded by the Federal Ministry for Economic Affairs and Climate Action, the Federal Ministry for Digital and Transport, and the respective federal states with a total budget of more than EUR 8 billion. The selected projects cover large parts of the value chain within the hydrogen market. EKPO is one of four German companies to have been granted approval in the so-called first wave of “IPCEI Hydrogen”.

The stack modules represent a new benchmark with regard to performance and power density and are targeted at the life cycle of heavy commercial vehicles. In order to commercialize the new stack modules, both processes and design have to be optimized in terms of costs and manufacturability. In addition, the plan is to significantly reduce the carbon footprint in production. Thus, the aim of the project includes successfully migrating fuel cell stacks to mass production with a stacking rate in the parts-per-second range, while meeting the highest quality standards.

IPCEI programs encompass strategic funding projects at a pan-European level that are aimed at establishing a European value chain in key economic sectors of relevance to the future. The hydrogen industry has been identified as one such key sector, of which hydrogen mobility forms a constituent part.

For further information, please contact on behalf of EKPO Fuel Cell Technologies:
ElringKlinger AG
Dr. Jens Winter
Vice President Strategic Communications
Phone: +49 7123 724-88335
E-Mail: press@ekpo-fuelcell.com

About EKPO Fuel Cell Technologies
EKPO Fuel Cell Technologies (EKPO), headquartered in Dettingen/Erms (Germany), is a leading joint venture in the development and large-scale production of fuel cell stacks for CO2-neutral mobility. The company is a full-service supplier for fuel cell stacks and components used in passenger cars, light commercial vehicles, trucks, buses, as well as in train and marine applications. Within this context, the company is building on the industrialization expertise of two established international automotive suppliers – ElringKlinger and Plastic Omnium.

The aim of the joint venture is to develop and mass-produce high-performance fuel cell stacks in order to further advance CO2-neutral mobility – whether on the road, rail, water or off-road.

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“DECO” project, winner of Plastic Omnium’s 2023 Innovation Challenge

Félicie Burelle, Managing Director of Plastic Omnium, has announced the winners of the 2023 Plastic Omnium Innovation Challenge at the annual ceremony held on November 14. The Plastic Omnium Innovation Challenge focuses on the future of energy to support the transformation of tomorrow’s mobility.

– “DECO” (Decentralized Energy Communities) project wins the Grand Prix for Innovation for its internet platform for exchanging and trading electricity locally between individuals and producers.
– The other successful teams in the Challenge are “Airport Hydrogenius” and “Solar Micromobility”, winning the Jury Special Award and Audience Award.

Pres release

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Christophe Marceau is appointed President and CEO of the Modules division of Plastic Omnium

Christophe Marceau is appointed President and CEO of the Modules Division as of November 1st, 2023, and joins Plastic Omnium’s Executive Committee. He succeeds to Martin Schüler, who is leaving the Group. Christophe Marceau was previously President and CEO of the Western Europe Business Unit of Plastic Omnium’s Intelligent Exterior Systems Division.

The Modules Division was created from the HBPO joint venture between Plastic Omnium, Hella and Behr in 2004, in which Plastic Omnium acquired a 100% stake in 2022. A world leader, it supplies complex modules (front-end, cockpits, etc.) to automakers. The division is headquartered in Lippstadt.

Christophe Marceau, 55, a graduate engineer from the École d’application des hautes polymères in Strasbourg, joined Plastic Omnium in 1992, where he held various operational positions in both the technical and purchasing directions of the Intelligent Exterior Systems division, becoming Purchasing Director in 2007. In 2014, he was appointed Director of Sales and Programs for the IES division’s Western Europe Business Unit, before taking up the position of President and CEO of the same business unit in 2020.

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2023 third quarter Revenue

– Economic revenue up +11.5% on Q3 2022
– Year-to-date economic revenue up +26.5% on the same period in 2022
– Organic growth of +6.5%, outperforming the market by +2.7 points
– Solid order intake momentum in all businesses confirming the relevance of our offer
– Adjustment of 2023 targets in a tense macroeconomic and market context

Read the press release

Presentation

Watch the webcast replay

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Stellantis recognizes Plastic Omnium with two «Supplier of the year» Awards

On October 11, 2023, in Detroit, Stellantis held the third edition of its event “Stellantis Suppliers of the Year” rewarding 16 suppliers among 40 nominees, for their commitment, performance, quality and operational excellence.

Plastic Omnium is the manufacturer’s only supplier to to be recognized twice with an Award in the category “Regional Supplier of the Year” (“Enlarged Europe” zone), and a second in the category “Global Supplier of the Year” for its Program Management.

Laurent Favre, CEO of Plastic Omnium, states “This recognition reflects the level of performance of Plastic Omnium teams, as well as the trust of Stellantis in our Group. Kudos to the teams dedicated to this major customer for their outstanding commitment to operational excellence”.

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Q3 2023 revenue to be published on October 26th

Compagnie Plastic Omnium SE’s Q3 2023 revenues will be presented on Thursday, October 26, 2023 at 8:00 am (Paris time).

  • Written and spoken questions are activated
  • Time : Thursday 26th, October, from 8AM to 9AM (1h)



The conference will be webcasted live through the below link:
https://channel.royalcast.com/landingpage/plastic-omnium-en/20231026_1/

If you wish to access the conference call, simply dial one of the following numbers:

  • France : +33 (0) 1 70 37 71 66
  • UK : +44 (0) 33 0551 0200
  • US : +1 786 697 3501
    • Then provide the operator with the code: Plastic Omnium

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Gérald Mentil is appointed President and CEO of the Lighting Division of Plastic Omnium

Gérald Mentil

Member of the Executive Committee of Plastic Omnium since May 13th 2023, Gérald Mentil is appointed President & CEO of the Lighting Division as of October 1st 2023.

In October 2022, following VLS and AMLS Osram’s acquisitions, Plastic Omnium created its new Lighting division dedicated to automotive lighting. This division allows the Group to be present throughout the lighting value chain and to meet the growing demand from manufacturers for integrated exterior systems.

Gérald Mentil spent his entire career in the automotive industry, within the FORVIA Group, where he held various management positions covering in Europe, in Asia, Americas and Africa, such as Vice President of Emerging Markets, Vice President of Global Operations and Quality and, more recently, Vice President of Seating Components.

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Plastic Omnium starts working on a French hydrogen tank plant construction, the largest in Europe

On September 25th 2023, at Lachelle (Oise), Plastic Omnium started a hydrogen tank plant construction, most particularly for lorries and buses.

When laying the first stone, Laurent Favre, Chief Executive Officer of Plastic Omnium, stated that “this project embodies the very DNA of the energy transition, by capitalizing on our technological expertise, full tank proven to commission them of the future solution that is hydrogen. By focusing on innovation and on strengthening our industrial capacity, we could bring answers to energetic stakes.”

With an annual capacity of 80 000 hydrogen containers, the factory will provide among other companies Stellantis and HYVIA. This overall investment of nearly €150 million will lead to 150 to 200 jobs. This factory will be built respecting the highest environmental standards, in line with the Group carbon neutrality’s roadmap. Indeed, it will produce most of the energy it will need.

Hydrogen pioneer, Plastic Omnium has committed €400 million in it since 2015. Its presence on three continents allows it to be closer to the growing hydrogen mobility markets. Two other tank plants factories will be born in 2027 in Michigan (United States) and in Shanghai (China) in 2026.

Plastic Omnium asserts itself by its complete offer and its presence throughout the entire hydrogen mobility value chain. From tanks to fuel cells, the Group highlights its knowledge and expertise, which takes shape by an order book up to €4 billion.

Watch the replay on BFM Business (Only FR)

Watch the France 3 Picardie replay (Only FR)
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Plastic Omnium signs contract with EDF group to supply renewable electricity covering half of its needs in France

Plastic Omnium has signed a contract with EDF Renewables that will cover around 50% of its electricity needs with low-carbon electricity by 2025. The renewable electricity will be produced at five new photovoltaic power plants developed, built and operated in France by EDF Renewables and its Luxel subsidiary. This strategic choice sees Plastic Omnium reach a new milestone on its path to carbon neutrality in scopes 1 and 2 by 2025.

Press release

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Plastic Omnium to set up largest hydrogen storage production plant in Michigan, U.S.A.

Plastic Omnium announces plans to build the largest North American hydrogen storage manufacturing plant in Grand Blanc Township, Michigan, to supply a major American automaker. The Group will design, develop and produce high-pressure hydrogen storage systems for medium and heavy-duty zero emissions mobility. In addition, a state-of-the-art validation and prototyping lab will be commissioned to ensure product safety and customer support.

Press release

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2023 Half Year Results

Compagnie Plastic Omnium SE’s 2023 Half-Year Results will be presented on Monday, July 24, 2023 at 9:00 am (Paris time).

  • 9:00 am (Paris time) – Presentation of the 2023 Half-Year Results

The conference will be webcasted live through the link below:
https://channel.royalcast.com/landingpage/plastic-omnium-en/20230724_1/

If you wish to access the conference call, simply dial one of the following numbers:

  • France : +33 (0) 1 70 37 71 66
  • UK : +44 (0) 33 0551 0200
  • US : +1 786 697 3501

Then provide the operator with the code: Plastic Omnium

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Launch of PO-REIN joint venture in China

The new 50/50 joint venture between Plastic Omnium and Rein Hytech, a subsidiary of Shenergy Group, is now operational, under the name PO-Rein. The joint venture has for ambition to manufacture and market high-pressure hydrogen storage systems for the Chinese commercial vehicle market.

Press release

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Plastic Omnium presents its hydrogen mobility solutions at the 24 hours of Le Mans

This year the Automobile Club de l’Ouest is celebrating the centenary of the 24 Hours of Le Mans, the world’s most prestigious endurance race.
For this iconic event, MissionH24 is preparing the future of sustainable mobility. Since its launch in 2015, this project has focused on developing a hydrogen-powered racing car for a specially conceived 24-hour decarbonized race.

Plastic Omnium, a partner of the Automobile Club de l’Ouest (ACO), has been supporting MissionH24 since its beginnings. We will be the exclusive supplier of on-board hydrogen storage for the upcoming Le Mans Series Hydrogen Endurance Championship.

To mark this special anniversary, the Mission H24 prototype is being showcased in the Hydrogen Village at the heart of the 24 Hours race circuit. It brings together companies working towards the zero-emission energy transition through the harnessing of hydrogen—the most abundant element to exist in the universe, either as a single atom, ‘H’, or as a molecule, ‘H2’.

You are welcome to visit us and explore our range of products designed for hydrogen mobility. Our team of experts will be available to answer any questions you may have.

Read more about the Hydrogen Village (FR only)

Read more about MissionH24 (FR only)

Plastic Omnium becomes partner of MissionH24…

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