Lanxess expanding in India and Brazil
JHAGADIA, INDIA (Feb. 7, 2012) -- The western Indian state of Gujarat is fast emerging as the next major auto hub. Lanxess AG is tapping into the market with local production, opening an engineering
resins compounding plant in Jhagadia.
Dr. Schneider expands in China and Mexico
KRONACH-NEUSES, GERMANY (Jan. 31, 2012) -- German auto supplier Dr. Schneider Group will spend 5 million euros to open new manufacturing facilities in China and Mexico. CEO Klaus Fricke said the
plants answer requests from customers to expand with them in China and North America.
Mexico's plastics sector grew 10 percent in 2011
MEXICO CITY (Jan. 31, 2012) -- Mexico’s plastics industry grew 10 percent to just over $20 billion in 2011. But an industry official noted the lack of government support. “The industry would grow
much faster if there were. Even Taiwan, an island 245 miles long, builds more machinery than we do.”
Minth and Tokai Kogyo form auto parts joint venture
HONG KONG (Jan. 24， 2012) -- Chinese auto parts maker Minth Group Ltd. is forming a $5 million (31.5 million yuan) joint venture with Japanese plastic and rubber products maker Tokai Kogyo Co. Ltd.
China forecasts 8 percent growth for 2012 auto sales
BEIJING (Jan. 24, 2012) -- China's sales of light vehicles and commercial trucks rose 2.5 percent to 18.5 million units last year -- a record level despite a sharp slowdown in the growth rate.
China's state-owned suppliers seek U.S. acquisitions
DETROIT (Jan. 24, 2012) -- It might be going too far to call it a buying spree, but China’s state-owned automotive suppliers are looking for U.S. acquisitions this year.
Electric cars will benefit from plummeting battery prices
DETROIT (Jan. 24, 2011) -- U.S. Energy Secretary Steven Chu said he believes electric cars will be a major segment by 2020 because of the “plummeting” price of batteries.
Ford using PET in Focus Electric models
DEARBORN, MICH. (Jan. 24, 2012) -- About 2 million plastic bottles will be used in the 2012 Ford Focus Electric and future Ford Motor Co. vehicles.
NSF International to help certify product compostability
ANN ARBOR, MICH. (Jan. 17, 2011) -- Certifying that products, resins and packaging can use the compostable logo from the Biodegradable Products Institute will now by done by NSF International under an
agreement reached by the two organizations.
PlasticsEurope cautiously optimistic about 2012
BRUSSELS (Jan. 17, 2012) -- PlasticsEurope director Wilfried Haensel says there are still opportunities for the region’s plastics industry, despite all the ongoing economic uncertainties facing the
Eurozone.
Huaxiang unit acquires U.S. trim supplier
NOTTINGHAM, U.K. (Jan. 10, 2012) -- Lawrence Automotive Interiors Ltd., the United Kingdom subsidiary of China's Ningbo Huaxiang Electronics Co., has acquired Northern Engraving Corp., a U.S. supplier
of decorative trim.
Despite slowing economy, China's auto market is poised to grow in 2012
SHANGHAI (Jan. 3, 2012) -- China's automakers might as well forget about those wild times in 2010 when light-vehicle sales rose 33 percent.
Forecasters predict rise in U.S. auto sales
DETROIT (Jan. 3, 2012) -- Rising employment, better credit availability, new products and urgency to replace aging vehicles will drive U.S. auto sales higher in 2012, forecasters are predicting.
Dow introduces microcellular PU to China
AUBURN HILLS, MICH. (Dec. 27, 2011) -- Dow Automotive Systems is introducing its Autothane microcellular polyurethane systems to the Chinese automotive market in early 2012.
Toyota looks at future with bioplastics
MUMBAI, INDIA (Dec. 20, 2011) -- Automakers increasingly recognize plastics as both a preferred design material and a way to improve car performance and sustainability. OEMs are focusing on innovative
styling, increased fuel economy and cutting vehicle weight to get more competitive.
After disasters, auto group wants subsupplier database
SOUTHFIELD, MICH. (Dec. 20, 2011) -- A key industry group is trying to launch a database of suppliers and their factories, part of an effort to help companies monitor subsuppliers in the wake of
floods in Thailand and an earthquake in Japan.
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