# Plastic Omnium wins contract with Hyundai for hydrogen vessels

Plastic Omnium won a major contract with Hyundai to supply high-end hydrogen vessels, produced in Korea, with a total volume of more than 30,000 units per year from 2023. A new production line will be built at the Gyeong-ju plant with an initial investment of EUR 30 million.

- Type: Contract
- Announced: 2021-06-09
- Where: Gyeong-ju, South Korea, South Korea
- Value: $36.0M (30.0M EUR)
- Status: announced
- Capacity: 30,000 units per year
- Products: hydrogen vessels, fuel tanks, fuel cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Plastic Omnium](https://endata.com/companies/1180.md)
- [Hyundai](https://endata.com/companies/6090.md) (customer)

## Sources

- [stockopedia.com](https://www.stockopedia.com/share-prices/burelle-sa-EPA:BUR/news/brief-plastic-omnium-wins-contract-with-huyndai-for-hydrogen-vessels-019e6c9b-d373-705d-b3b7-3c0aa6ba6fa7/), 2021-06-09: "WINS A MAJOR CONTRACT WITH HUYNDAI TO SUPPLY HIGH-END HYDROGEN VESSELS, PRODUCED IN KOREA, HIGHLIGHTING THE GROUP'S SUCCESSFUL ZERO EMISSION STRATEGY"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.