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Automotive Components
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Sonoco's Net Sales Increase 13.7% in Q4
Feb 22, 2018Packaging firm Sonoco has reported a 13.7% increase in net sales to $1.30bn for the fourth quarter of 2017, compared to $1.14bn for the same period in 2016. The company said the growth in net sales was supported by acquisitions, net of ...
Tags: Packaging, packaging segment
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Continental, Baidu Partner to Work on Automated Driving and Connected Vehicles
Jun 6, 2017Technology firm Continental has partnered with Chinese search-engine giant Baidu to work in the areas of automated driving, connected vehicles and intelligent mobility services. The two companies have signed a strategic cooperation ...
Tags: Connected Vehicles, Continental
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Audi Opens New Automobile Plant in Mexico
Oct 11, 2016German luxury car-maker Audi is expanding its production footprint worldwide by opening a new automobile plant in San José Chiapa, state of Puebla, Mexico. The plant has an annual production capacity of approximately 150,000 ...
Tags: Audi, automobile plant
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Shell Takes Final Investment Decision to Build a New Petrochemicals Complex in Pennsylvania, US
Sep 28, 2016Shell Chemical Appalachia LLC (Shell) has taken the final investment decision to build a major petrochemical complex, comprising an ethylene cracker with polyethylene derivatives unit, near Pittsburgh, Pennsylvania, USA. Main construction ...
Tags: Shell Chemical Appalachia LLC, final investment decision
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Automotive Components Manufacturer DENSO to Advance Artificial Intelligence Knowledge
Aug 30, 2016DENSO Corp has signed technical advisory contract with Carnegie Mellon University professor Takeo Kanade to advance its knowledge in artificial intelligence. Through this contract, DENSO is looking to advance its artificial intelligence ...
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New Automotive Order Results in Better Growth for Voestalpine in US
Aug 25, 2016The technology and capital goods group voestalpine plans to increase its revenue in the NAFTA region from the present EUR 1.2 billion to EUR 3 billion by 2020. A new %500m order for its automotive sector brings the company one step closer ...
Tags: voestalpine, NAFTA
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Chinese Automotive LED Lighting Supply Chain
Jun 6, 2016China is one of the world’s largest automotive consumer market, by late 2015 car ownership in the country reached 172 million cars, and the volume is accelerating. It can be projected in the next few years, Chinese market demands for ...
Tags: LED Lighting, LED package
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IAC FiberFrame Natural Fiber Sun Roof Frame Debuts on 2017 Mercedes-Benz E-Class
Apr 6, 2016International Automotive Components launched its FiberFrame, natural fiber sun roof frame on 2017 Mercedes-Benz E-Class. It is a proprietary innovation made from renewable raw material content and provides 50% in saving in weight compared ...
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Sonoco Reports Third Quarter 2015 Results
Oct 26, 2015Sonoco, one of the largest diversified global packaging companies, today reported consolidated financial results for its third quarter, ending 27 September 2015. Sonoco president and CEO Jack Sanders said: "We are encouraged by the ...
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BASF: World's First Top Mount with Polyurethane-Bearing and Polyamide Housing
Sep 14, 2015BASF is expanding its expertise in top mounts to enable car manufacturers an optimum combination of weight savings, pleasant acoustics and vibration damping. The unique NVH (noise, vibration, harshness) solution is made possible by ...
Tags: BASF, Polyurethane-Bearing, Polyamide
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Covestro LLC: Former Bayer Materialscience Now Legally, Economically Independent
Sep 2, 2015Covestro, a global polymer materials supplier, has a new identity. From September 1, 2015, Bayer MaterialScience is operating under the Covestro name. The company is now legally and economically independent, but will remain a 100 percent ...
Tags: Adhesive, polymer materials
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IAC Expands in China, Inaugurating Its Facility Located in Hangzhou
Jul 21, 2015Automotive interiors supplier International Automotive Components (IAC) has expanded in China, inaugurating its facility located in Hangzhou. Sprawled over 78,577ft2, the Hangzhou plant will generate over 220 employment opportunities. ...
Tags: automobile manufacture, IAC, auto parts
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Volvo Will Sell Its Swedish Component Manufacturing Unit in Floby
Jul 7, 2015Volvo Cars will sell its Swedish component manufacturing unit in Floby, which makes brake discs, wheel hubs and connecting rods for passenger cars and commercial vehicles, to global automotive components firm Amtek Group. With around 70% ...
Tags: Auto parts, vehciles manufacture, Volvo Cars
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Hitachi Has Agreed to Deliver Lithium-Ion Battery Cells
May 21, 2015Hitachi's wholly owned subsidiary Hitachi Automotive Systems has agreed to deliver 5,000W/kg high output power density prismatic lithium-ion battery cells for installation on the hybrid version of the 2016 Chevrolet Malibu. General Motors ...
Tags: Hitachi, Prismatic Battery Cells, Chevrolet, Malibu Hybrid
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Erdrich Umformtechnik Opens New Automotive Components Facility in Changzhou
May 5, 2015Germany-based Erdrich Umformtechnik has expanded its operations in China with a new automotive components facility in Changzhou. The 20,000m2 facility will produce automotive parts and components that are used in steering and suspension ...
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