30th Sep 2022
Kolon Industries Inc has increased the production capacity of its polyester tyre cord fabric plant in Vietnam by 14 per cent to 19,200 tons of tyre cord fabrics compared with 2018. In 2022, the company’s global sales are anticipated to cross 10 million units. Kolon is presently able to generate 103,200 tons of tyre cord fabric on an annual basis.
13th Sep 2022
Teijin Frontier, the Teijin Group's fibres and products converting company, has developed an eco-friendly tire cord made from an adhesive that does not contain resorcinol formaldehyde (RF), which is harmful to the human body and the environment, and also incorporates a low-environmental impact chemically recycled polyester fibre for rubber...
3rd Aug 2022
The sales of Lear Corporation, a global automotive technology leader in seating and e-systems, in the second quarter went up 7 per cent to $5.1 billion. Excluding the impact of foreign exchange, commodities and acquisitions, sales were up 8 per cent, reflecting the addition of new business in business segments and increased production on key Lear...
21st Jul 2022
Sage-ONF, a synthetic leather supplier boasting 29 years of experience in design, development, manufacturing and sales, launches serial production of silicone synthetic leather. The Sage-ONF plant has begun manufacturing the silicone synthetic leather in Shanghai, China. Sage Automotive is a US-based leading provider of automotive interior materials.
13th Jul 2022
Global automotive textile market is expected to reach 3.310 million ton by 2023 with an annual growth of 5.75 per cent. Indian automotive textile market is likely to have the fastest growth at 12.28 per cent. But China will remain the biggest market with a growth of 9.30 per cent and a market size of 1.118 million ton which would be one third of the...
21st Jun 2022
US’ Lear Corporation, an automotive technology leader in seating and e-systems, has released its 2021 sustainability report, featuring its progress on renewable energy strategy, innovative green products, supplier sustainability, and diversity, equity and inclusion (DEI) efforts. Lear enables superior in-vehicle experiences for consumers around the...
17th Jun 2022
For the first half of 2022, Autoneum is expecting an EBIT margin at break-even level. On the basis of the ongoing collaborative discussions with customers to participate in the sharing of the sharply increased energy and material costs, Autoneum anticipates an improvement in the EBIT margin to 2.0 to 3.0 per cent (previously: 4.0 to 5.0 per cent) for...
10th Jun 2022
The rPET honeycomb material developed by EconCore, Belgium’s specialist provider of technology for cost efficient continuous production of honeycomb cores is being harnessed by the Formula Electric Belgium team for their Titan race car. EconCore’s rPET honeycomb technology demonstrates how mechanical properties and performance can be achieved...
23rd May 2022
One of America’s leading automotive technology companies in seating and e-systems, Lear, recently announced acquisition of Thagora Technology, a privately held company specialising in material utilisation hardware and software technologies based in Iasi, Romania. Thagora's solutions will complement Lear's sustainable manufacturing processes.