End Markets>>Automotive

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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Plastic Omnium sees a future in smart bumpers, tailgates

Watch out Apple, Plastic Omnium is getting into the facial recognition game too. Wanna open your tailgate? Just give it a look. The interactive tailgate was one of several smart exterior parts on display at the company's booth at the North American International Auto Show in Detroit.

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A view into the future

Driving instructors may need to retire safety tips requiring drivers to check their sideview mirrors, if three concept cars are an example of what is to come.

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ElringKlinger enters JV to bring more lithium-ion batteries to auto market

German auto parts maker ElringKlinger AG has a joint venture deal with the Chinese company Sichuan Chengfei Integration Technology Co Ltd. (CITC) to develop and produce lithium-ion battery modules.

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Plastic Omnium unveils $2.9 billion investment plans

French plastic parts supplier Plastic Omnium SA has unveiled plans to invest 2.5 billion euros ($2.9 billion) in building new capacities and technology over the next four years. The plans include new factories in China and India.

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Toyoda Gosei stalks a new world of products

The parts that Toyota Group supplier Toyoda Gosei Co. is best known for -- plastic molding, sealing strips, brake hoses and plastic interior auto parts -- are hardly the high-tech stuff of future technology. But the Japanese giant says it will not be sidelined in the coming era of autonomous driving and electrification.

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China XD keeps up expansion pace

Automotive materials supplier China XD Plastics Co. Ltd. said Aug. 9 that sales rose 13 percent in the second quarter of 2017, to $313.6 million, as the company told analysts it plans to continue its aggressive spending on expansion.

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