Plastic Omnium Inaugurates a New Development Center in Tokyo

Regulatory News:

Plastic Omnium (Paris:POM) inaugurates a new development center in Tokyo for its automotive business.

This center, which groups together 80 people, is designed to support Plastic Omnium's growth among Japanese automotive manufacturers. It houses the design and management of the development of new automotive programs and ensures sales development for all Plastic Omnium's automotive activities – exterior components and modules, fuel systems and emissions control systems - for Japanese manufacturers.

Today, Plastic Omnium partners the Japanese manufacturers Honda, Isuzu, Nissan, Suzuki and Toyota, which it supplies on 4 continents and in 14 different countries. The share of these manufacturers, which represents 6% of Plastic Omnium's global automotive revenue, is expected to increase with the construction of new production capacity and the development of innovative offerings.

The Group is in particular involved in the construction of a new Asian plant for Maruti-Suzuki and has recently launched production of the SCR emissions control system for Toyota's diesel vehicles at its Kitakyushu plant in Japan.

Plastic Omnium is the world leader in automotive exterior components and modules, automotive fuel systems, and waste container solutions for local authorities and companies. The Group and its joint ventures employ 25,000 people in 115 plants, 21 R&D centers and 30 countries worldwide. Plastic Omnium is listed on Euronext Paris, compartment A, is part of the SRD and the SBF 120 and CAC Mid 60 indices (ISIN code: FR0000124570).

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