Plastic Omnium // 2021 Universal Registration Document
NON-FINANCIAL REPORTING DISCLOSURE Plastic Omnium's business model
4.2
PLASTIC OMNIUM'S BUSINESS MODEL
The Plastic Omnium Group’s business model is schematized in the Integrated Report included at the beginning of this Universal Registration Document (pages 28 and 29). This part of section 4 on the business model provides a more detailed description of the Group’s activities, organization and customers.
4.2.1
BUSINESSES
ORGANIZATION OF THE GROUP’S ACTIVITIES AND BUSINESS LINES
PLASTIC OMNIUM
PLASTIC OMNIUM INDUSTRIES
PLASTIC OMNIUM MODULES
4
INTELLIGENT EXTERIOR SYSTEMS
CLEAN ENERGY SYSTEMS
HBPO
NEW ENERGIES
Plastic Omnium is organized into 2 main activities: Plastic Omnium Industries; ● Plastic Omnium Modules. ●
to reduce greenhouse gases emissions from vehicles through aerodynamics improvement and weight reduction; Clean Energy Systems (CES) , specialized in energy storage and ● depollution systems CES manufactures blown polyethylene energy systems (fuel tanks for internal combustion or hybrid vehicles) and depollution systems for diesel engines; New Energies (NE) , dedicated to the development of new energies ● including hydrogen and associated technologies such as high-pressure storage in fuel tanks with carbon fiber reinforcement, fuel cells and solutions for energy.
Plastic Omnium Industries includes the following business lines: Intelligent Exterior Systems (IES) , dedicated to light and intelligent ● bodywork Complex body part assemblies are made of injected polypropylene or composite materials: bumpers, energy absorption systems, tailgate modules, spoilers, fender supports and rocker panels. These systems enhance passenger safety and are designed with the objective of helping
A NEW ORGANIZATION FOR NEW ENERGIES
In January 2022, New Energies became an independent business line by setting up its own organization and processes enabling it to adapt to the emerging market and to types of customers, sometimes very different from the Group’s existing ones (heavy mobility, public transportation, rail, etc.).
The Group is a leader in its three historical business lines (IES, CES and HBPO) due to its innovation capacity (customized and multi-material solutions) and its expertise inintegrating new functionalities into its products to improve the safety,connectivity and environmental footprint of vehicles. With regard to New Energies (NE), which represents a new division since January 2022, the Group aims to be the leader in the hydrogen mobility market by 2030.
Plastic Omnium Modules corresponds to the HBPO business line, joint venture 66.67% owned and controlled by Compagnie Plastic Omnium SE. HBPO is specialized in the development, assembly and logistics of front-end modules and extends its product offering to other parts of the vehicle such as the cockpit and the center console.
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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021
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