Plastic Omnium

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Compagnie Plastic Omnium SA
Type Société anonyme
Traded as EuronextPOM
Industry Petrochemical
Founded 1946 (1946)
Founders 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[edit]

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[edit]

Plastic Omnium Automobile[edit]

Two automotive divisions, Auto Exterior Division and Auto Inergy Division (previously: 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 plastic fuel tank systems and SCR tank systems. [1][4] In 2011, Inergy purchased the Ford Motor Company's fuel tank manufacturer in United States, Visteon, and became its sixth largest world provider.[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[edit]

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[edit]

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[edit]

  1. ^ a b c d "Company Description: Plastic Omnium". businessweek.com. BusinessWeek. Retrieved 13 August 2012. 
  2. ^ a b c d e "2011 Financial Report" (PDF). Plastic Omnium. Retrieved 13 August 2012. 
  3. ^ a b "2011 Annual Report" (PDF). Plastic Omnium. Retrieved 13 August 2012. 
  4. ^ a b c "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.