Plastic Omnium to cut output at German site on Europe car decline

23 November 2012 20:16  [Source: ICIS news]

LONDON (ICIS)--French car parts firm Plastic Omnium plans to end production of car bumpers at its site at Eisenach in Germany’s central Thuringia state as it responds to overcapacity in a declining European car market.

The move will affect about 200 workers, the company said in a statement on Friday.

Plastic Omnium has begun consultations with workers’ representatives at Eisenach, it said. It did not disclose when bumper production will end.

The company added that its production of fuel tank and fuel systems at the site would not be affected.

In Germany, Plastic Omnium employs a staff of 1,400 at nine production facilities.

Plastic Omnium is focused on plastic-based car parts. By 2018, plastic components are expected to account for 30% of total vehicle weight, compared with 17% today, according to information on the company’s website.

By: Stefan Baumgarten
+1 713 525 2653

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