11th Dec 2018
Indorama Ventures Public Company Limited (IVL), through its indirect subsidiary PHP Fibres GmbH (PHP Fibres), has signed a definitive share purchase and transfer agreement with Wilfried Trumpp and Venere Polito, to acquire a 100 per cent stake in UTT Beteiligungsgesellschaft mbH (UTT), Germany. The transaction is expected to complete by Q1 2019.
29th Nov 2018
ISi Automotive has opted for next-generation airbag solution, FocusQuantum FT6K, from Lectra, the technological partner for companies using fabrics and leather. Southeast Asia has grown into an airbag textile manufacturing hub. With iSi Automotive's acquisition of a FocusQuantum FT6K, the Thailand facility is now equipped to stay apace of demand.
17th Nov 2018
Asahi Kasei has been honoured by the German Design Council for its fully driveable electric vehicle AKXY with the German Design Award 2019, in the category ‘Excellent Product Design – Conceptional Transportation’ under ‘Special Mention’. The predicate ‘Special Mention’ acknowledges works with a design that offers particularly successful solutions.
15th Nov 2018
Lear, a supplier of automotive seating and e-systems, has posted sales of $4.9 billion in Q3 of fiscal 2018. Excluding the impact of foreign exchange, sales were flat, reflecting lower production volumes on key Lear platforms, offset by the addition of new business in both product segments and the sales impact of obtaining control of certain...
17th Oct 2018
Hexagon Composites is developing compressed hydrogen tanks for serial production of fuel cell electric vehicles (FCEV) to be launched by an automotive OEM. The production is anticipated as early as 2020. Hydrogen is a clean and safe energy carrier that can be used as fuel for power in a wide range of applications, and can be easily stored on a large...
16th Oct 2018
Johns Manville (JM), one of the market-leading manufacturers of continuous filament glass fibre and a Berkshire Hathaway company, has introduced organosheets along with glass reinforced solutions for nylon compounds at the ongoing Fakuma 2018 in Germany. The five-day international trade fair for plastics processing will conclude on October 20.
15th Oct 2018
The University of Southern Queensland (USQ), Austrak and Laing O’Rourke are collaborating to develop composite technology in a $10 million project. The consortium has secured $3 million grant from the Australian government Cooperative Research Centre Projects (CRC-P) initiative, to increase innovation and develop new technologies for industries in...
11th Oct 2018
Sika has opened a new manufacturing facility in Querétaro, Mexico. The new factory, which includes an integrated logistics centre, will manufacture and locally supply Sika's full range of acoustic treatments and body structural products for the growing number of Original Equipment Manufacturer (OEM) assembly and component makers located in the country.
11th Oct 2018
Magna and Altran Technologies have launched a joint venture - under the name MG2 - in Casablanca, Morocco. The joint venture brings together Magna's complete vehicle know-how and process competence and Altran's strengths as a locally established partner. Approximately 500 engineers from the two companies will initially staff the joint venture company.