End Markets>>Automotive

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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Sealed Air buying Fagerdala Singapore in $100 million deal

Sealed Air Corp. is acquiring a polyethylene foam maker in a $100 million move that enhances the company's manufacturing and presence in Asia.

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Asahi Kasei to build plastic compounds plant in China

Asahi Kasei Corp is expanding production of plastic compounds in China, the Tokyo-based speciality chemicals company announced Aug. 23.

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The friendship that formed Auria Solutions

When Auria Solutions Ltd. officially went live on Sept. 15 as a U.S.-Chinese joint-venture supplier of vehicle carpet and acoustic components, it will owe its launch to a 10-year-old camaraderie between two rising managers: Brian Pour of the U.S. and Yao Ming Hua of China.

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Eva invests $125 million in Mexico, China

Chinese plastics and metals processor Eva Precision Holdings Ltd. is plunging ahead with investments of more than $125 million in Mexico and China to expand work for global customers in the office equipment and automotive industries.

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Plastics suppliers gear up for China's electric vehicle market

China's transformation in the last two years into the world's largest market for electric vehicles has the plastics supply chain gearing up.

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DuPont targets China's auto market with blow molding R&D investment

Anticipating a surge in demand for turbo-charged engines in China's automotive industry, DuPont Co.'s performance materials unit has installed a 3D suction blow-molding machine at its Shanghai research and development center.

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