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Plastic Omnium invests in AP Ventures, a venture capital fund dedicated to hydrogen
Plastic Omnium has become co-sponsor and member of the Advisory Board Committee, of the AP Ventures fund, a venture capital firm headquartered in London and specializing in hydrogen and fuel cells. Its existing sponsors include Mirai Creation Fund, in which Toyota and Sumitomo Mitsui Banking Corporation (SMBC) are seed LPs, Mitsubishi Corporation, Anglo American Platinum and the South African investment fund PIC. Plastic Omnium's commitment amounts to $30 million over the fund's lifetime.
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1st half-year results: 21% growth in revenue - Automotive production outperformance of 7.1 points - Results show good resilience
In the second-half of 2018, worldwide automotive production declined for the first time in 10 years (-4.4%); this decline steepened in the first-half of 2019 (-6.9%). In this context, in the first-half of 2019, Compagnie Plastic Omnium saw its revenue grow 20.7% and its results show good resilience thanks to cost savings plans carried out from the 4th quarter of 2018.
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2019 Half-year results (online conference)
Plastic Omnium 2019 Half-year results will be presented during an online presentation on Friday, July 19th, 2019 at 08:30 am (Paris time).
This presentation will be webcasted.
Plastic Omnium is strengthening its innovation strategy by opening two new R&D centers in Belgium and China
These two R&D centers confirm Plastic Omnium's commitment to clean, carbon-free mobility.
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Plastic Omnium recognizes innovative projects from teams with the first "Innovation Awards"
Laurent Burelle, Chairman and CEO of Plastic Omnium, has presented the first "Innovation Awards" to the winning teams from Plastic Omnium in this first in-house challenge designed to inspire innovation.
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