Inergy Automotive Systems Business Report FY ended Dec. 2013
Business Overview-Sales for FY ended Dec. 31, 2013 was EUR 2,000 million.
-In 2013, the Company produced approximately 18.1 million fuel systems.
Contracts-In 2013, the Company started delivery of fuel systems from Sorocaba factory in Brazil for Toyota "Etios" and Hyundai "HB20".
R&D Structure-The Company has 5 research and development centers and 6 technical antennas in the main regions of the world.
Locations of R&D: Belgium, France, China, Korea and US.
-In June 2013, the Company laid the cornerstone for α-Alphatech in Venette, France. α-Alphatech is the future international research and development center of the Company. The new facility will be operational in September 2014. Covering a surface area of 23,000 square meters, α-Alphatech is set near the current plant. Representing an investment of EUR 60 million, the center will bring together 450 employees currently divided between facilities in Venette and Laval in France, as well as teams from the research and development center in Brussels that is dedicated to electronics.
Effort to reduce Hydrocarbon emissions
-The Company has stepped up its effort to reduce hydrocarbon emissions - in particular NOx and CO2- with its Twin Sheet Blow Molding technology (TSBM) and Selective Catalytic Reduction (SCR) solutions.
- TSBM: This technology helps reduce hydrocarbon emissions by integrating a large number of components into the fuel tank during the blow molding stage instead of welding them once the tank has been manufactured.
- DINOx Premium: The second generation (DINOx Premium) SCR system eliminates 95% of a diesel vehicle's NOx emissions and up to 8% of its CO2 emissions. Optimized in terms of size and performance, the system meets future emissions and fuel consumption standards, including the EURO VI standard scheduled to take effect in Europe beginning in 2014.
-The Company's InBaffle solutions, which place large inserts in the tank, reduce slosh noise. The solutions are especially suitable for hybrid vehicles or vehicles equipped with Start-stop systems.
Investment Outside France<United States>
-In October 2013, the Company announced the inauguration of a new plant in Huron, Michigan, USA. This new facility will employs 400 workers, and will produce approximately 1.5 million plastic fuel tanks each year. The Company has today three site in Michigan: Troy, Adrian and Huron.