Plastic Omnium to build third plant in Russia

Eugene Gerden

Published: September 27, 2012 6:00 am ET

Related to this story

Topics Automotive, Injection Molding, Blow Molding

LEVALLOIS, FRANCE (Sept. 27, 11:05 a.m. ET) — Plastic Omnium SA of France plans to build its third plant in Russia, in Saint Petersburg, in 2013, amid the ever growing demand for auto parts in the country, the company said.

The implementation of the project will be carried out by the joint venture of Plastic Omnium and the Russian manufacturer of fuel systems Detalstroykonstruktsiya, which was established this April.

Other details of the project, including the exact location of the plant, its capacity and the total volume of investments were not disclosed.

It is planned that the majority of future production of the plant will be supplied for the needs of global automakers, which operate their plants in the region, among which are the Russian factories of Nissan, General Motors and Ford, the contracts with which have already been signed.

According to the company’s plans, by 2015 the new plant will produce more than 1 million fuel tanks, which will allow it to take 40 percent of the regional market.

Currently Plastic Omnium already operates factories in Stavrovo, which produces fuel systems, primarily for Renault, and in Togliatti, which supplies parts for AvtoVAZ.

In addition to two Russian factories, currently Plastic Omnium operates 103 factories around the world.

In recent years St. Petersburg has become a centre of Russian auto parts production. So far, its plants in the region have already been established by such well-known global makers of auto parts as Magna, Gestamp and Antolin.


Comments

Plastic Omnium to build third plant in Russia

Eugene Gerden

Published: September 27, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

ZF, TRW combination creating a new player for autonomous autos

September 23, 2014 9:59 am ET

The era of autonomous vehicles is close at hand — and is already changing the auto industry in fundamental ways. The latest and biggest example?...    More

Image

Delphi buying connector maker Antaya

September 22, 2014 2:25 pm ET

Delphi Automotive plc will buy Antaya Technologies Corp., a Rhode Island company that supplies wire harnesses and other technologies that connect...    More

Image

Poland's Boryszew to work with Mitsui on lightweight auto parts

September 22, 2014 10:12 am ET

European plastics car parts maker Boryszew Group has signed a letter of intent to work with the Japanese investment and trading conglomerate Mitsui & ...    More

Image

New medical firm buys Clairson Plastics

September 19, 2014 4:33 pm ET

Custom injection molder Clairson Plastics is being sold to a new start-up that plans to dive into the medical market with a new dialyzer, a key...    More

Image

Plasan investing in capacity, jobs to supply auto market with carbon fiber

September 19, 2014 3:05 pm ET

Growth in the emerging automotive market for carbon-fiber composites has spurred a $29 million investment in a Walker, Mich., factory    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

Our special market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Economics editor, Bill Wood, forecasts market growth and industry thought leaders offer competitive insight on key issues and trends impacting PP&T processors.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events