Plastic Omnium // 2021 Universal Registration Document
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NON-FINANCIAL REPORTING DISCLOSURE Plastic Omnium's business model
OPERATIONAL EXCELLENCE 4.2.2.1 The Plastic Omnium’s ability to manufacture on a large scale and in a very short timeframe is one of the fundamentals of the Group’s success. Carried out on a daily basis by all employees, this operational excellence is particularly recognized by its customers. The Group ensures that the same standards are applied in all its plants. Today, two levers reinforce the Group’s operational excellence: INDUSTRY 4.0: from predictive data management, process ● optimization, augmented reality and the internet of things, to team training and skills development: the challenges of digitization are numerous. From the operator to the plant manager, the teams invent the Plant 4.0 on a daily basis, and in line with the Plastic Omnium culture, with pragmatism and determination to improve the efficiency of production sites and help teams progress. In a highly competitive automotive sector, Industry 4.0 improves competitivness: costs, delays and quality while ensuring the Sustainable Development of the Company that generates a general increase in skills, a guarantee of staff employability; OMEGA: launched in the first half of 2020, OMEGA is a major ● transformation project aimed at improving work processes and increase agility and competitiveness. Several projects will contribute to the final objective: digitization, data management, collaborative and industrial processes. All the Group’s business lines are involved, guided by a dedicated multidisciplinary team. INNOVATION 4.2.2.2 Innovation has always been a driver of the Group’s strategy. In 2021, an Innovation Director was appointed to Plastic Omnium’s Executive Committee. 2021 was marked by numerous strategic partnerships, projects under development and R&D projects in favor of sustainable mobility. Innovation projects make it possible to assess Plastic Omnium’s economic opportunities in the market for electric vehicles with rechargeable batteries and hydrogen. Among other things, the Group wants to increase the value proposition around the battery market for electric vehicles. During the IAA (Internationale Automobil Ausstellung) last September in Munich, Plastic Omnium announced several innovations and partnerships that confirmed its broad involvement in the clean and connected mobility of tomorrow. Thanks to an exclusive partnership, Plastic Omnium and Greenerwave are joining forces to develop a new generation 4D imaging radar. Resulting from the cutting-edge technology of this start-up, which stems from the Institut Langevin and specializes in wave physics, and Plastic Omnium’s development and integration capabilities, this
revolutionary 4D imaging radar will, from 2025, enable to take a decisive step in the detection of obstacles by vehicles, for the benefit of safety. This new generation 4D radar promises a long-range ability to detect the vehicle environment (up to 300 m) and a resolution ten times greater than that of current radars, making it possible, for example, to distinguish a pedestrian from a biker, over a wide field of vision. It will replace several driving assistance sensors with a single 4D radar, resulting in savings in terms of production costs and integration into vehicles. Plastic Omnium has developed a feasibility study with one of its OEM partners on front bumpers incorporating up to 50% recycled plastics. These materials are subject to the same quality, safety and durability criteria as virgin plastic. The study showed that this concept meets all the conditions for mass production and commercialization. Following this work, another partnership was signed in 2021 with TotalEnergies on the development of plastic materials from recycled products. The ambition of this partnership is to work together on innovative materials to include them in Plastic Omnium exterior parts and to achieve up to 50% recycled content in these products by 2025 (compared to 10% today). The development of innovative projects is also led by Plastic Omnium in relation to the expectations and needs of end users and city dwellers. HBPO has developed a ROLLO controlled shutter system, enabling intelligent air filtration combining air quality and energy saving for the vehicle. The ROLLO system operates in three modes: when the electric vehicle is charged, the system opens to cool the battery, it closes when driving to improve aerodynamics and reduce the vehicle’s consumption and, lastly, when traveling in densely populated urban areas, the system, combined with a new generation filter, filters out particles in the outside air. The materials and carbon footprint of Plastic Omnium products are also the subject of innovative Research and Development: tests on biosourced and recycled plastics, introduction of renewable raw materials in partnership with suppliers and the search for solutions to lighten the finished product and therefore the vehicle’s carbon footprint. All these multi-criteria projects aim to replace high-impact materials, reduce the complexity of materials to improve recyclability and reduce the final weight of the product. Innovation is also at the heart of Plastic Omnium's project through the development of individual hydrogen vehicles. New Energies offers an alternative to the rechargeable battery in hydrogen vehicles, allowing the fuel tank to be recharged in a very short time. The innovations consist in controlling the pressure and deformation of the tank in all cases of use of the vehicle, including in the event of accidents. Plastic Omnium has mastered the safety of gasoline tanks for forty years and has used its expertise to develop high-pressure tanks that are secure (tightness, impact resistance, leaks).
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PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2021
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