Go to Video Section

China, resin firms form lightweight venture

Published: December 5, 2012 6:00 am ET
Updated: December 5, 2012 12:00 am ET

A group of global resin suppliers and Chinese automobile companies have formed a technology alliance to increase the amount of plastic used in the country's cars, close the sizable gap with global auto companies and boost fuel efficiency of domestic vehicles. The International Auto Lightweight Technology Alliance, announced Nov. 28 at a conference in Hebei province, includes global plastics raw material makers Rhodia SA, DSM NV and Arkema SA, along with large domestic Chinese car makers Chang’an Automobile Group Co. Ltd., Geely Holding Group Co. Ltd. and Beiqi Foton Motor Co. Ltd. The alliance’s detailed agenda is still being worked out, but with Chinese economy cars using only about 50 kilograms of plastic parts on average, compared with 130 to 180 kilograms per vehicle in the United States, Western Europe and Japan, the participants see a lot of opportunities. Chinese car makers use a higher percentage of metal components in their cars, alliance members said, and those heavier parts in turn make the cars less fuel efficient and potentially more polluting. Members of the group acknowledge they have some challenges ahead of them, however, including recruiting more Tier 1 automotive components makers, who are not present in large numbers among the more than 20 founding companies and organizations. The alliance is being organized by the Shanghai-based Sino-European Union Chemical Manufacturers Association, and its Auto Plastic and Innovative Materials Committee, which will provide administrative support.

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events