皇冠体育app

France-based automotive exterior parts and fuel systems provider Plastic Omnium is increasing its industrial network in 皇冠体育app to tap into the world's leading automotive market.

After commissioning four new plants last year, the company said it will launch another four in 2015-16, increasing its network in 皇冠体育app to 25.

"We aim to improve our operation revenue to reach 1 billion euros ($1.08 billion) in 皇冠体育app by 2018", said Laurent Burelle, chairman and CEO of Plastic Omnium.

First entering 皇冠体育app in 2007, the company is now established in seven major Chinese auto production areas (Shenyang, Beijing, Yantai, Shanghai, Wuhan, Guangzhou and Chongqing).

It also works with nearly all of the world's carmakers and has expanded its portfolio through new contract wins with Volvo-Geely, FCA (Fiat Chrysler) Group and Daimler Group.

The company hopes that by 2018 its market share of bumpers will rise to 25 percent from the current 18 percent, with its fuel systems rising to 15 percent from the current 8 percent in 皇冠体育app.

To meet these goals, it has employed 500 engineers and technicians in 皇冠体育app, who are currently developing more than 100 new programs catering to the Chinese market, it said.

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