Mexican Media Brands
Plastic Omnium Hopes to Double Sales in China by 2021
Plastic Omnium SA says it intends to hike China sales of its plastic bumpers and fuel tanks to €1.3 billion ($1.4 billion) in five years from €640 million in 2016.
Share
Plastic Omnium SA says it intends to hike China sales of its plastic bumpers and fuel tanks to €1.3 billion ($1.4 billion) in five years from €640 million in 2016.
The French company has operated in China since 2007 and currently operates 26 manufacturing sites there. Plastic Omnium claims 22% of the Chinese auto industry’s market for exterior body parts and 9% of the fuel tank sales.
Plastic Omnium predicts those shares will reach 26% and 16%, respectively, by 2021. The company aims to double to 30% the proportion of revenue it earns by supplying domestic-brand carmakers.
RELATED CONTENT
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
-
Ford Copies Nature
As Nature (yes, capital N Nature) has done a pretty good job of designing things, it is somewhat surprising that Man (ditto) doesn’t follow Nature’s lead more often when it comes to designing objects.
-
on lots of electric trucks. . .Grand Highlander. . .atomically analyzing additive. . .geometric designs. . .Dodge Hornet. . .
EVs slowdown. . .Ram’s latest in electricity. . .the Grand Highlander is. . .additive at the atomic level. . .advanced—and retro—designs. . .the Dodge Hornet. . .Rimac in reverse. . .
