End Markets>>Automotive

DuPont eyes $40 million upgrade to Chinese compounding plant

DowDuPont Specialty Products is boosting production and research in China with a $40 million upgrade to a compounding facility there, to satisfy the quickening pace of technological change there, especially in the automotive industry.

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China's TK Mold sees auto growth, frets over US-China trade war

Chinese mold maker TK Group (Holdings) Ltd. is laser-focused on North America, seeing both opportunities for new business and significant challenges from the threat of a trade war between the U.S. and China.

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Engel invests $13 million in Wintec expansion in China

Injection molding machine heavyweight Engel Austria GmbH is plowing 10.5 million euros ($12.9 million) into expanding capacity for its Changzhou, China-based Wintec subsidiary, the company announced in Shanghai on the eve of Chinaplas 2018.

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Chinese compounder invests $15 million in US site

Chinese thermoplastic elastomer maker Top Polymer Enterprise Ltd. is investing $15 million in a factory near Atlanta, its first outside China, as it makes a bigger push into the U.S. market.

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Plastic Trim investing $16.1 million in Michigan, creating 210 jobs

Plastic Trim International Inc., a subsidiary of China-based auto parts maker Minth Group Ltd., is investing $16.1 million in the expansion of its Baldwin Township, Mich., manufacturing plant.

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Radici Group expanding in China

Italian materials supplier the Radici Group is planning to expand in China as part of its growth plan in the country.

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Plastindia International University to open this year

The long-awaited Plastindia International University, an effort to boost education and training for India's plastics industry, plans to open with short-term courses this year and be fully operational in 2019, according to one of its leaders.

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Shareholder pressure grows on China XD over privatization offer

Nasdaq-listed China XD Plastics Co. Ltd., one of the country's main suppliers of automotive engineering polymer compounds, is coming under increasing pressure from some of its U.S. shareholders who question the fairness of plans to privatize the company.

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Push for electric vehicles means plastics may take charge

It should not be a shock to automotive suppliers that the plastics industry has an electric future. By 2025, electric and hybrid electric vehicles could account for 33 percent of total vehicle production worldwide, according to data from IHS Markit Ltd., and suppliers are being tapped by OEMs to put different composites and materials into real-world vehicle applications.

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China's Minghua chooses Michigan for North American HQ

Auto parts manufacturer Minghua USA Inc. has chosen Troy, Mich., as the site for its North American headquarters.

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