NEWS


Plastic Omnium grows faster than global auto production


French automotive supplier Plastic Omnium announced record revenue of €11.4bn for 2023, a rise of 20.3% from 2022 (13.4% on like-for-like basis), outper- forming annual global automotive production by +3.7 points. Consolidated revenue exceeded €10bn for the first time in the company’s history. The company also


reported an operating


Rosiro buys UK moulder


Injectd Solinatra-parent company Rosiro Group has acquired UK-based Injectd, an injection moulding company specialising in the process- ing of bio-based and other materials established in 2017 as Plastech Moulding. The two companies previ- ously worked together in development of products using Solinatra’s bio-based compostable moulding materials. Integrating Injectd into the group will introduce training, mould and product trials, pre-production runs, sampling, and material and product development. Robert de Jong, CEO of


Rosiro Group, said: “By enhancing our capabilities with Injectd’s expertise, we are poised to make signifi- cant strides in the biomateri- als industry.” �www.rosirogroup.com


www.injectionworld.com


margin of €395m (up €31m) a figure driven by more sustained activity levels in 2023 than 2022, good cost control in an ongoing high-inflation environment, and a marked improvement in the lighting


business margin. “Our exceptional order book demonstrates the relevance of our technologi- cal offer for all types of mobility and the confidence of our customers,” said Laurent Favre, CEO. “At the


same time, the group is transforming to support market growth by adapting its industrial facilities and pooling its functional resources in each of its key regions.” �www.plasticomnium.com


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