Compagnie Plastic Omnium SE

Company Profile

■URL

https://www.plasticomnium.com/en/

■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, lighting systems, software, and front-end modules.

-The Company’s operations are organized across two primary business segments further divided into business activities as follows:

  • Plastic Omnium Industries
    • Intelligent Exterior Systems: Business line for developing and manufacturing complex exterior assemblies made primarily from polypropylene and composite materials such as bumpers, spoilers, fenders, and underbody modules. The business line focuses on reducing greenhouse gas emissions through weight reduction and improved aerodynamics of their components.
    • Clean Energy Systems: Business line for developing and manufacturing clean energy storage systems and fuel systems, including blown polyethylene fuel tanks for ICE and hybrid vehicles, as well as emission aftertreatment systems for diesel engines.
    • New Energies: New business line which spun off from the Clean Energy System business line in 2021 to develop components and systems related to alternative energy in mobility, particularly in hydrogen focused systems. The business line will develop and manufacture systems including high pressure hydrogen storage tanks, fuel cell systems, and energy management and control solutions.
    • PO Lighting: Business line focused on interior and exterior lighting components, projection systems and complete headlights. The division was created in July 2022 with the combination of the acquired entities of Automotive Lighting System and Varroc Lighting Systems.
  • Plastic Omnium Modules: Segment which features the HBPO joint venture with Hella that focuses on developing and manufacturing automotive front-end modules.

-In addition, the Company has created OP’n Soft, a new activity which focuses on the development of software for the Company’s products and services.

-The Company is a global leader in the development and production of onboard energy storage and emission reduction systems, and front-end modules. It produced 22 million bumpers, 1 million tailgates, 5 million front-end modules and 18 million fuel tanks and emission reduction systems in 2022. In addition, the Company aims to have a 25% market share in hydrogen storage systems and 15% market share in fuel cells and systems by 2030.

Shareholders

-The Company is listed on the NYSE Euronext Paris exchange. (As of Dec. 31, 2022)
Shareholders Equity Capital (%)
Burelle SA 60.0
Public 38.0
Treasury stock 1.0
Employee shareholders 1.0
Total 100.0

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
-Fender flares
-Rocker panels
-Door trim
-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

-SCR systems

New Energies
-Fuel cell stack
-Integrated hydrogen system
-High-pressure hydrogen storage vessels

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

Lighting
-Projection lighting systems
-Customizable ambient lighting systems
-Dynamic interior lighting systems
-Overhead light consoles
-Surface LED signal lighting systems
-OLED signal lighting systems
-LED signal lighting systems
-Light guides
-LED matrix headlamps
-LED pixel headlamps
-Micro-LED projection modules
-Laser headlamps
-LED projector modules
-LED reflector modules
-Headlamp control modules
-LED driver modules
-LED modules
-Automatic headlight alignment mechanisms
-Mechatronic solutions

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
2021 Formed New Energies business line to focus on the development and manufacturing of components and systems related to alternative energy, specifically focusing on hydrogen systems.
Jul. 2022 Completed acquisition of ams-OSRAM Automotive Lighting Systems business.
Aug. 2022 Completed acquisition of ACTIA Power, a specialist in onboard batteries, power electronics, and electrification systems for heavy-duty vehicles, for EUR 52.5 million.
Oct. 2022 Completed acquisition of Varroc’s automotive lighting systems business for EUR 520 million.
Dec. 2022 Completed acquisition of HBPO front-end joint venture, acquiring remaining 33.33% share from Hella for EUR 290 million.

Supplemental Information 1