PLASTIC OMNIUM (EPA:POM) - Plastic Omnium is strengthening its Research and Development by opening two new centers in Brussels (Belgium) and Wuhan (China)

Transparency directive : regulatory news

04/07/2019 09:05

Levallois, July 4, 2019,

Plastic Omnium is strengthening its Research and Development by opening two
new centers in Brussels (Belgium) and Wuhan (China)

The Plastic Omnium Group has just opened two new research and development
centers. Both centers are part of the Clean Energy Systems business scope and
focus on emissions control and fuel systems, as well as new energies.

The omega-Omegatech center opened in China on June 18, 2019. It already houses
150 engineers and technicians. The number of employees is expected to be close
to 200 by the end of 2019. Specializing in development, testing, prototyping
and mechanical testing of fuel systems, it will also conduct testing and
development for high-pressure hydrogen tanks. The site at Wuhan, the pilot city
for the hydrogen sector in China, is also an engineer training center for new
energies. This new R&D center, with already 57 projects en development,
provides Plastic Omnium with the resources to support its Asian customers in
their quest for clean mobility. In particular, this center will support the
Group's rapid growth in China, where its fuel systems market share is expected
to double to reach 17% by 2022.

delta-Deltatech also enters service on July 1, close to Brussels Airport in
Belgium.

delta-Deltatech is the Clean Energy Systems business Research and Innovation
center, focusing on emissions reduction and fuel systems. It is also the
spearhead for research and development into new energies, fuel cells and
hydrogen storage. By the end of the year it is expected to house 150 engineers
and technicians.

It is the Group's third global R&D center, following sigma-Sigmatech,
inaugurated near Lyon in 2003, focusing on intelligent exterior systems and
which is currently undergoing extension, and alpha-Alphatech, inaugurated in
Compiègne in 2015, and specializing in emissions control and fuel systems.

omega-Omegatech and delta-Deltatech represent a global investment of EUR100
million.

These two R&D centers confirm Plastic Omnium's commitment to clean, carbon-free
mobility, in particular using hydrogen, an energy that the Group is working to
promote through its membership of the Hydrogen Council.

Financial information Tel: +33 (0)1 40 87 64 49 Fax: +33 (0)1 40 87 96 62
investor.relations@plasticomnium.com
Plastic Omnium is the world leader in intelligent exterior systems, clean
energy systems and automotive modules.
The Group and its joint ventures have 32,000 employees in 124 plants, 24 R&D
centers and 26 countries worldwide, serving 83 automotive brands.
Plastic Omnium is listed on Euronext Paris, compartment A. It is eligible for
the Deferred Settlement Service (SRD) and is part of the SBF 120 and CAC Mid 60
indices (ISIN code: FR0000124570).

omega-Omegatech R&D Center, Wuhan, China
delta-Deltatech R&D Center, Brussels, Belgium

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PLASTIC OMNIUM (EPA:POM) - Plastic Omnium is strengthening its Research and Development by opening two new centers in Brussels (Belgium) and Wuhan (China)

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