Plastic Omnium

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Compagnie Plastic Omnium SA
Type Société anonyme
Traded as Euronext: POM
Industry Petrochemical
Founded 1946 (1946)
Founder(s) Pierre Burelle
Headquarters Levallois, France[1]
Area served Worldwide
Key people Laurent Burelle
(Chairman and CEO)
Revenue €4.22 billion (2011)[2]
Operating income €272.1 million (2011)[2]
Profit €194.0 million (2011)[2]
Total assets €1.68 billion (2011)[2]
Total equity €1.60 billion (2011)[2]
Employees 20000[3]
Parent Burelle
Website PlasticOmnium.com

Plastic Omnium is an international company specialised in the manufacturing and commercialisation of plastics.[1][4]

History

Plastic Omnium was founded by Pierre Burelle in 1946. It began making plastic steering columns for Renault, but soon extended its supply contracts to other carmakers in France and abroad.[5] In 1995, it made a tender offer for its most important rival in the French industry, Reydel, and then acquired it from its major stakeholder Compagnie Financière de Turenne.[6][7] Today Plastic Omnium has 103 plants and is present in more than 28 countries.[3]

Divisions

Plastic Omnium Automobile

The automotive division is composed of two main enterprises, Plastic Omnium Auto Exterior and Inergy Automotive Systems. The first provides external plastic elements (thermoplastic and composite) for cars, like bumpers and energy absorption systems, fender and front-end modules. The second provides fuel tanks.[1][4] In 2011, Inergy purchased the Ford Motor Company's fuel tank manufacturer in United States, Visteon, and became its sixth world provider in scale for that parts.[8] Plastic Omnium a supplier to the automotive industry.[9] The company has plans to introduce more composite materials to reduce the weight of their pieces and gain market advantage.[10]

Plastic Omnium Environnement

This centers on waste containerization, urban and road signage and urban planning. Its products include wheeled bins; underground, semi-underground, and aboveground containers; voluntary waste drop-off receptacles and data management systems; equipment for community-use area; urban signage solutions ; and road signage solutions, as well as sorted waste services. Plastic Omnium Systemes Urbains[1][4] in 2012 won its first major contract for its line of sustainable products, when Rio de Janeiro requested the provision of wheeled rubbish bins made with plant-based polyethylene derived from sugar cane.[11]

Company's share structure

According to Plastic Omnium, at the end of 2011 55.1 percent of it was owned by the parent company, Burelle, 1.6 by the employees, 8,7 was Treasury stock and a 34.6 was for public trade.[12]

References

  1. ↑ 1.0 1.1 1.2 1.3 "Company Description: Plastic Omnium". businessweek.com. BusinessWeek. Retrieved 13 August 2012. 
  2. ↑ 2.0 2.1 2.2 2.3 2.4 "2011 Financial Report" (PDF). Plastic Omnium. Retrieved 13 August 2012. 
  3. ↑ 3.0 3.1 "2011 Annual Report" (PDF). Plastic Omnium. Retrieved 13 August 2012. 
  4. ↑ 4.0 4.1 4.2 "Profile: Plastic Omnium SA". reuters.com. Reuters. Retrieved 13 August 2012. 
  5. ↑ "Burelle S.A. History". Fundinguniverse.com. Retrieved 13 August 2012. 
  6. ↑ Raulin, Nathalie (19 July 1995). "Une valeur à la loupe. Plastic Omnium lance une OPA sur Reydel Industries" [Value under the microscope. Plastic Omnium is launching a tender offer for Reydel Industries]. liberation.fr (in French). Libération. Retrieved 13 August 2012. 
  7. ↑ "Compétitivité de la plasturgie française dans l’Union européenne" [Competitiveness of the French plastics industry in the European Union] (PDF) (in French). Ministerie de l'Economie des Finances et l'Industrie. Retrieved 13 August 2012. 
  8. ↑ Naughton, Keith (20 May 2012). "Ford sells fuel tank factory to unit of France's Plastic Omnium". bloomberg.com. Bloomberg. Retrieved 13 August 2012. 
  9. ↑ Stanley, John (25 July 2012). "Carmakers, suppliers hit by big declines in shareholder value". Automotive News Europe. Autonews.com. Retrieved 13 August 2012. 
  10. ↑ Warburton, Simon (9 March 2012). "Plastic Omnium ramps up composites work to strip vehicle weight". Just-auto.com. Retrieved 13 August 2012. 
  11. ↑ Stanley, John (16 April 2012). "Compagnie Plastic Omnium SA Announces Contract for Rio de Janeiro". reuters.com. Reuters. Retrieved 13 August 2012. 
  12. ↑ "Capital Structure". Plastic Omnium. Retrieved 13 August 2012. 
France CAC Mid 60 companies of France (June 2012)
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