Compagnie Plastic Omnium SE

Company Profile

■URL

http://www.plasticomnium.com

■Address

1, allee Pierre Burelle, 92593 Levallois Cedex, France

Business Overview

-The Company is a French manufacturer and a global leader in the development and manufacturing of components and systems focused on exterior body assemblies, energy storage systems, pollution reduction systems and front end modules.

-The Company’s operations are organized across two segments divided into three business lines as follows:

  • Plastic Omnium Industries
    • Intelligent Exterior Systems: Business line for complex exterior assemblies made primarily from polypropylene and composite materials, replacing the former "Auto Exterior" terminology
    • Clean Energy Systems: Business line for clean energy storage systems and fuel systems, replacing the former "Fuel Systems" Terminology
  • Plastic Omnium Modules: Features the HBPO business line for front-end module development and manufacturing.

-Within the Company, the Intelligent Exterior Systems business line is the global market leader in painted bumpers, producing approximately 22 million painted bumpers and obtaining a 15% market share. The Clean Energy Systems business line is the market leader in blow-molded polyethylene fuel systems, manufacturing 18 million systems for a 21% global market share. Finally, HBPO is the market leader in front-end modules, producing more than 5 million modules for an 18% market share.

-ElringKlinger and the Company announced the creation of a joint venture, EKPO Fuel Cell Technologies, dedicated to fuel cell stack development, production and commercialization. ElringKlinger will own 60% of the joint venture while the Company owns the remaining 40%. ElringKlinger will contribute more than 150 employees, more than 150 patents, field expertise, its fuel cell components business, and several high-power density fuel cell stack platforms already marketed and manufactured at a facility located in Dettingen an der Erms, where the joint venture will also be headquartered. The Company will invest EUR 100 million in the joint venture to accelerate development, enhance commercialization and increase production capacities. The joint venture’s initial annual production capacity of 10,000 units will be progressively extended based on future orders. EKPO Fuel Cell Technologies aims to achieve a market share between 10% and 15% in the fuel cell technology business by 2030, representing revenues between EUR 700 million and 1 billion. (From a press release on October 28, 2020)

 

Competitors

Intelligent Exterior Systems Clean Energy Systems HBPO
-Magna
-Flex-N-Gate
-Motherson-SMP
-Kautex
-YAPP
-TI Automotive

-Hyundai Mobis
-Valeo
-Magna

Shareholders

-The Company is listed on the NYSE Euronext Paris exchange. (As of Dec. 31, 2020)
Shareholders Equity Capital (%)
Burelle SA 58.78
Public 38.32
Company-held shares 1.91
Employee shareholders 0.99
Total 100.00

Products

Intelligent Exterior Systems
-Fascias and bumper systems
-Body panels and spoilers
-Structural parts, semi-structural parts and energy absorption systems:

  • Hoods
  • Front-end carriers
  • Fender carriers
  • Beams
  • Rear floors
  • Bumpers

-Fenders and fender modules
-Door modules
-Roof modules
-Rear closure systems
-Tailgates
-Active grille shutters
-Active front spoilers
-Active side shutters
-Active rear spoilers
-Active rear diffusers
-Active air dams
-Smart bumpers
-Smart tailgates

Clean Energy Systems
-Plastic fuel systems

  • Blow-molded fuel systems
  • Multilayer fuel systems
  • Partial Zero Emission Vehicle (PZEV) fuel systems
  • Twin Sheet Blow-Molding (TSBM) fuel systems
  • Fuel systems for hybrids
  • Plastic filler pipes
  • INBAFFLE noise reduction solutions
  • Water injection systems for gasoline-powered vehicles
  • Pressurized tanks for plug-in hybrid vehicles
  • High pressure vessels for gas storage
  • High pressure vessels for fuel cell systems
  • INWIN fuel system 
  • TANKTRONIC fuel system

-Diesel emissions reduction systems

  • DINOx Premium NOx reduction system with onboard SCR storage and delivery

-Fuel cell stack
-Integrated hydrogen system
-High-pressure hydrogen storage vessels
-SCR systems

Front-end modules (HBPO)
-Rollo active grille shutter
-Cockpit consoles
-Center consoles
-DC/DC converter modules

History

1947 Company was founded in Paris, France.
1962 The Company's first plant was built in Langres, France.
1972 The Company's first international plant was built in Valencia, Spain.
1986 Acquired Landry and Techni-Plaste Industrie in France, a supplier of fuel tanks and the precursor of Inergy Automotive Systems
1995 Acquired Reydel Industries in France, a manufacturer of interior equipment, specifically consoles and dashboards, the business is later sold to Visteon in 1999.
2000 Formed a joint venture with Solvay, Inergy Automotive Systems.
2003 Inaugurated the new international R&D center in Lyon, France.
2004 Formed a joint venture with Hella and Behr to create HBPO, a supplier of front-end modules.
2006 Acquired a controlling interest in Inoplast, a European leader in composite components.
Formed a joint venture with Xietong to create XieNO.
2007 Formed a joint venture with Yanfeng Visteon to create YFPO in China.
Formed a joint venture with Varroc to create PO Varroc in India.
2010 Acquired all oustanding shares in Inergy Automotive Systems.
Acquired Peguform's plant in Vigo, Spain, which produces body components for PSA Peugeot Citroen.
2011 Acquired Ford's fuel systems business in the United States through Plastic Omnium Auto Inergy.
Acquired Plastal Poland through Plastic Omnium Auto Exterior.
2012 Formed a joint venture with DSK to form DIPO in Russia to manufacture fuel systems.
Formed a joint venture with Beijing Hainachuan Automotive Parts Co Ltd. (BHAP) in China.
2013 Opened new R&D center in Venette, France.
Jul. 2016 Completed the acquisition of the Faurecia's Exterior Systems business for an enterprise value of EUR 665 million.
Mar. 2017 Sold seven European sites to US-based Flex-N-Gate Group.
Jun. 2017 Sold its truck composites business to the German group mutares AG.
Oct. 2020 Announced the establishment of EKPO Fuel Cell Technologies with ElringKlinger

Supplemental Information 1