Faurecia opens new seating complex in China

Jane Denny
URETHANES TECHNOLOGY INTERNATIONAL

Published: January 16, 2014 11:20 am ET
Updated: January 16, 2014 11:26 am ET

Related to this story

Topics Asia Automotive
Companies & Associations

WUHAN, CHINA -- Automotive components maker Faurecia SA opened a 60,000-square-meter automotive seating manufacturing complex in central China's Wuhan city in November.

The group's two existing seating plants in the city - Faurecia GSK (Wuhan) Automotive Seating, a 51 percent-owned joint venture with Taiwan's largest automotive parts manufacturer GSK, and Faurecia (Wuhan) Automotive Components Systems -- a wholly-owned affiliate company -- have moved into the park and will supply seat frames and complete seats to Dongfeng Peugeot Citroen Automobile and Nissan. Both plants have a capacity close to 500,000 parts per year.

The company predicts that 12 percent of its sales will be to Chinese brands in 2016. Faurecia China reported sales of $2 billion in 2012 and said it plans to double that figure by 2016, which would be 15 percent of the group's total sales within the country.

Production processes and technologies including cutting, foaming and covering will be introduced to the park and an automotive seating design and development center is also planned. Faurecia expects to shape the new industrial complex into a benchmark site for its seating business in China.

Faurecia currently has 39 plants and four research centers, and employs 10,000 people in China.


Comments

Faurecia opens new seating complex in China

Jane Denny
URETHANES TECHNOLOGY INTERNATIONAL

Published: January 16, 2014 11:20 am ET
Updated: January 16, 2014 11:26 am ET

Post Your Comments


Back to story


More stories

Sun Plastech, Plastics Color Corp. note major milestones at NPE

March 27, 2015 9:00 am ET

Sun Plastech Inc. and Plastics Color Corp. — two well-known materials firms — are marking anniversaries at NPE 2015.    More

Indian compounder Welset expands in PVC, masterbatches

March 26, 2015 6:00 am ET

Indian compounder Welset Plast Extrusions Ltd. (Booth S20059) is spending 60 crore rupees ($975,000) to expand capacity in PVC materials for the...    More

Image

Proposed Cardia-Stellar merger labeled 'not fair,' but still 'reasonable'

March 20, 2015 10:34 am ET

If the proposed merger of two Australian bioplastics companies goes ahead, the new company will be called Secos Group Ltd. and have annual sales of...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events