OPmobility

Last updated
OPmobility
Company type Société anonyme
Euronext:  POM
CAC Mid 60 Component
Industry Automobile
Founded1946 (1946)
FounderPierre Burelle
Headquarters,
Area served
Worldwide
Key people
Laurent Burelle
(Chairman and CEO)
RevenueIncrease2.svg €9.477 billion (2022)
Increase2.svg €364 million (2022)
Increase2.svg €168 million (2022)
Number of employees
31,000
Parent Burelle
Website opmobility.com

OPmobility is a French automotive supplier. [1] [2] OPmobility operated under the name Plastic Omnium until March 27, 2024. [3]

Contents

Logo before March 27, 2024 Plastic Omnium.svg
Logo before March 27, 2024

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. [4] 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. [5] [6] According to their website, Plastic Omnium currently has 131 plants and is present in 26 countries. [7]

Divisions

Plastic Omnium Automobile

Front module for a Peugeot 3008 made by Plastic Omnium Peugeot, Paris Motor Show 2018, Paris (1Y7A1723).jpg
Front module for a Peugeot 3008 made by Plastic Omnium

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] [2] In 2011, Inergy purchased the Ford Motor Company's fuel tank manufacturer in United States, Visteon, and became its sixth largest world provider. [8] The company has plans to introduce more composite materials to reduce the weight of their pieces and gain market advantage. [9]

Plastic Omnium Environment

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[ buzzword ]; and road signage solutions[ buzzword ], as well as sorted waste services. Plastic Omnium Systemes Urbains [1] [2] 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. [10]

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. [11]

Related Research Articles

<span class="mw-page-title-main">Compressed-air car</span> Vehicle that uses a motor powered by stored compressed air.

A compressed-air car is a compressed-air vehicle powered by pressure vessels filled with compressed air. It is propelled by the release and expansion of the air within a motor adapted to compressed air. The car might be powered solely by air, or combined with other fuels such as gasoline, diesel, or an electric plant with regenerative braking.

<span class="mw-page-title-main">Compressed-air vehicle</span> Car that uses pneumatic motors

A compressed-air vehicle (CAV) is a transport mechanism fueled by tanks of pressurized atmospheric gas and propelled by the release and expansion of the gas within a pneumatic motor.

<span class="mw-page-title-main">ZF Friedrichshafen</span> German car parts maker

ZF Friedrichshafen AG, also known as ZF Group, originally Zahnradfabrik Friedrichshafen, and commonly abbreviated to ZF, is a global technology company that supplies systems for passenger cars, commercial vehicles and industrial technology. It is headquartered in Friedrichshafen, in the south-west German state of Baden-Württemberg. Specializing in engineering, it is primarily known for its design, research and development, and manufacturing activities in the automotive industry and is one of the largest automotive suppliers in the world. Its products include driveline and chassis technology for cars and commercial vehicles, along with specialist plant equipment such as construction equipment. It is also involved in the rail, marine, defense and aviation industries, as well as general industrial applications. ZF has 162 production locations in 31 countries with approximately 168,700 (2023) employees.

<span class="mw-page-title-main">Underground storage tank</span> Storage tank that is partially or fully underground

An underground storage tank (UST) is, according to United States federal regulations, a storage tank, including any underground piping connected to the tank, that has at least 10 percent of its volume underground.

<span class="mw-page-title-main">Duroplast</span> Resin plastic reinforced with fibers

Duroplast is a composite thermosetting resin plastic developed by engineer Wolfgang Barthel in 1953 in the German Democratic Republic. Its production method places it in a similar family as Formica and Bakelite. It is reinforced with fibers making it a fiber-reinforced plastic similar to fiberglass.

<span class="mw-page-title-main">Lear Corporation</span> American automotive parts manufacturer

Lear Corporation is an American company that manufactures automotive seating and automotive electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.

The automotive industry in India is the fourth-largest by production in the world as per 2022 statistics. As of 2023, India is the 3rd largest automobile market in the world in terms of sales. In 2022, India became the fourth largest country in the world by the valuation of its automotive industry.

Worthington Enterprises, Inc. is a global diversified metals manufacturing company based in Columbus, Ohio. It is a steel processor and manufacturer of pressure vessels, such as propane, oxygen and helium tanks, hand torches, refrigerant and industrial cylinders, camping cylinders, exploration, recovery and production products for global energy markets; water system tanks for storage, treatment, heating, expansion and flow control, and compressed natural gas storage cylinders. The company also manufactures framing systems for mid-rise buildings and steel pallets and racks for shipping. It is the largest independent processor of flat-rolled steel in the United States. The company takes steel from steel producers and processes it for customers in industries including automotive, lawn and garden, construction, hardware, office furniture, electrical control, leisure and recreation, appliance, agriculture and HVAC.

Automotive Components Holdings, LLC is a Ford Motor Company-managed temporary business formed by the 2005 transfer of 17 automotive components factories and six research, testing and other facilities from Visteon Corporation to Ford. The creation of ACH was intended to ensure that Ford continued to receive a flow of parts from the facilities, whilst enabling them to be prepared for sale or other disposition.

Sumitomo Electric Industries, Ltd. is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company's shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange. In the period ending March 2021, the company reported consolidated sales of US$26,5 billion.

TI Fluid Systems is a British multinational company which develops, manufactures and supplies automotive fluid storage, carrying and delivery systems. The company serves the automotive aftermarket through Bundy, Walbro and Marwal brands. The company's headquarters are located in Oxford, England, with Corporate Offices based in Auburn Hills, Michigan, U.S. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Automotive Research Association of India</span>

Automotive Research Association of India (ARAI) is a co-operative industrial research association by the automotive industry with the Ministry of Industries and the Government Of India. The objectives of the Association are Research and Development in automotive engineering for industry, product design and development, evaluation of automotive equipment and ancillaries, standardisation, technical information services, execution of advanced courses on the application of modern technology and conduct of specific tests.

Samvardhana Motherson International Ltd is an Indian multinational manufacturer of automotive components, based in Noida. It makes wiring harnesses, plastic components and rearview mirrors for passenger cars. The company was established in 1986 as a joint venture with the Sumitomo Group of Japan.

Burelle is a French holding company headquartered in Paris. Its most important subsidiary is Plastic Omnium.

<span class="mw-page-title-main">Renault do Brasil</span>

Renault do Brasil, formerly Renault do Brasil Automoveis, is the Brazilian subsidiary of the French car manufacturer Renault. It was established in 1997, and is Brazil's fifth largest automaker by sales. In 2012, Brazil was the second largest market for Renault.

Inteva Products, LLC is a global automotive supplier. Serving original equipment manufacturers (OEMs) in the automotive industry, Inteva is headquartered in Troy, Michigan and has nearly 30 locations on three continents. The Inteva Products brand name was introduced to the marketplace in 2008 and the company traces its history back to the establishment of German carriage supplier Traugott Golde in 1872.

Varroc is an Indian multinational automotive component manufacturer and supplier of exterior lighting systems, powertrains, electrical and electronics, body and chassis parts to passenger car and motorcycle segments. The company was founded by Tarang Jain in 1990 and is currently headquartered at Aurangabad in Maharashtra, with 35 manufacturing facilities and 11 engineering centres in 10 countries across three continents.

YAPP Automotive Systems Co., Ltd. (亚普汽车部件股份有限公司) is a supplier to the automotive industry, specialized in fuel systems, in particular plastic fuel tanks. Founded in 1988 and headquartered in Yangzhou, China, the company has 13 plants and 5 plants overseas. Important customers include Volkswagen, GM, Ford, PSA Peugeot Citroen, Mercedes-Benz, Suzuki, Nissan, SAIC Motor, and FAW Group.

<span class="mw-page-title-main">Sintex</span> Indian plastic company

Sintex is the world's largest producer of plastic water tanks and Asia's largest manufacturer of corduroy fabrics.

<span class="mw-page-title-main">Hopium</span> French car manufacturer

Hopium is a French automobile brand created in 2019 by Olivier Lombard, a French racing driver.

References

  1. 1 2 3 4 "Company Description: Plastic Omnium". businessweek.com. BusinessWeek. Archived from the original on 27 September 2013. Retrieved 13 August 2012.
  2. 1 2 3 "Profile: Plastic Omnium SA". reuters.com. Reuters . Retrieved 13 August 2012.
  3. "Plastic Omnium is now OPmobility" (PDF). 2024-03-27. Retrieved 2024-04-09.
  4. "Burelle S.A. History". Fundinguniverse.com. Retrieved 13 August 2012.
  5. 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.
  6. "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.
  7. "The Plastic Omnium Group: Activities and History". Plastic Omnium. Retrieved 5 March 2020.
  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. Warburton, Simon (9 March 2012). "Plastic Omnium ramps up composites work to strip vehicle weight". Just-auto.com. Retrieved 13 August 2012.
  10. Stanley, John (16 April 2012). "Compagnie Plastic Omnium SA Announces Contract for Rio de Janeiro". reuters.com. Reuters. Retrieved 13 August 2012.
  11. "Capital Structure". Plastic Omnium. Archived from the original on 20 June 2013. Retrieved 13 August 2012.