23rd Jan 2023
Switzerland-based leading acoustic and thermal management supplier for vehicles Autoneum’s consolidated revenue increased by 6.1 per cent year-on-year (YoY) to 1,804.5 million Swiss francs (approximately $19.56 million) in 2022. The company’s revenue in local currencies increased significantly by 8.5 per cent, largely due to inflation-related...
16th Jan 2023
Lubrizol Engineered Polymers exhibited a prototype of the SilSense material for car seat covers at the recently concluded Auto Expo Components trade show that was held in New Delhi, India, from January 12-15, 2023. At the expo, a sample of this new, first-class quality synthetic leather was in the spotlight at the Autoform booth B38 in hall 3FF.
27th Dec 2022
India’s airbag industry is projected to grow to ₹6,000-7,000 crore by fiscal (FY) 2027, from the current levels of ₹2,400-2,500 crore, at a 4-year compound annual growth rate (CAGR) of 25-30 per cent, as per ICRA. The airbag industry is one of the fastest growing auto component segments and is expected to benefit from the increase in content per...
14th Dec 2022
Switzerland’s Autoneum has announced Eelco Spoelder-who has over 25 years of experience in the automotive supply industry-as its new CEO. Matthias Holzammer is handing over the operational management of Autoneum due to personal reasons as of March 27, 2023. Autoneum is one of the leading manufacturers of vehicle acoustic and thermal insulation for...
10th Dec 2022
Monadnock Non-Wovens LLC (MNW), a manufacturer of melt-blown synthetic media for automotives, surgical face masks, and air and liquid filtration markets, has promoted Sandra Jallow to the position of business development manager, automotive products. In her new role, Jallow will report to MNW president Jim Cree and will work with the automotive sales...
29th Nov 2022
Switzerland-based leading acoustic and thermal management supplier for vehicles Autoneum has created a fully recyclable carpet system that is made of 100-per cent polyester. The carpet system is made with high content of recycled polyethylene terephthalate (PET), latex-free manufacturing process, and less energy-intensive production process.
7th Nov 2022
US' Lear Corporation, a global automotive technology leader in seating and e-systems, has recorded a 23 per cent growth in its sales of third quarter (Q2) of fiscal 2022 (FY22). Excluding the impact of foreign exchange, commodities, and acquisitions, Lear’s sales were up 26 per cent, reflecting the addition of new business in business segments.
17th Oct 2022
Ascend Performance Materials has unveiled two materials for electric vehicles that improve safety and passenger comfort. The company’s Starflam X-Protect and Vydyne AVS tackle two unique challenges automakers face when developing their EV platforms. Ascend, which is headquartered in the US, is the world’s largest fully integrated producer of nylon 66...
13th Oct 2022
Thailand’s Toyobo Indorama Advanced Fibers (TIAF), a joint venture established in November 2020 with Indorama Polyester Industries PCL (IPI), has completed construction of a factory to manufacture high-performance nylon yarn for automobile airbags. Bangkok-based IPI is under the umbrella of Indorama Ventures Public, a global sustainable chemical...