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Companies Application Automotive / Transport

KOSTAL German automotive supplier closes three domestic plants / Drastic job cuts and losses / Relocation to Hungary	07.07.2022
AUTOLIV Swedish car components maker to step up belt-tightening / Job reductions a possibility	30.06.2022
ORAFOL German film producer fears gas shortage could cause plant shutdown / Investment plan worth EUR 160 mn continues	29.06.2022
RÖCHLING Industrial division sales amount to EUR 1 bn for the first time / Expansion of activities in North America / Higher inventories to mitigate scarce granulate availability	14.06.2022
REPSOL More polymer polyol output planned for Spain / Focus on higher quality flexible foam applications	31.05.2022
MARINE LITTER South Korean car maker Kia partners with The Ocean Cleanup / New automobiles could use 20% more reclaimed plastics	27.05.2022
LEONI Wiring system specialist shrinks further with sale of automotive cable business / First quarter ends in the red	26.05.2022
RENAULT French carmaker “sells” Russian ops / Buyback possible / Deal could serve as blueprint for other firms	25.05.2022
FAURECIA Collaboration with Veolia for sustainable car interior compounds / 30% recycled content to be included from 2025	20.05.2022
AUTOMOTIVE MARKET Car component suppliers face major sector shifts / Light vehicle sales could remain below pre-pandemic levels until 2030 / McKinsey report outlines ways to keep up with changing industry	13.05.2022
AD PLASTIK War, chip shortage nearly wipe out all Q1 net profit for auto supplier / “Demanding period ahead”	12.05.2022
PLASTIC OMNIUM Lighting division created after acquisition of operations from Varroc, Osram / Q1 sales fall due to problems in Europe	12.05.2022
STREETSCOOTER Deutsche Post sells electric transporter production to Odin Automotive / Second assembly line in US	12.05.2022
AUTOMOTIVE INDUSTRY US, European car market contraction continues due to supply chain issues and the war / EV sales surge / Rebound later this year?	10.05.2022
EASTMAN Site selected for French polyester reclaim plant / Recyclate-based compounds developed with Maip	02.05.2022
NOVARES Sixth Mexican plant goes operational / Products for electric, petrol vehicles / National car industry reports higher output in Q1	02.05.2022
ASAHI KASEI German foam lab opens / Facility to develop material for Europe	29.04.2022
POLYTEC Austrian automotive supplier holds its own in adverse market environment / Higher sales, but earnings decline	28.04.2022
NOLATO Industrial Solutions unit head to leave the injection moulding group / Strong growth in 2021 sales and profit	26.04.2022
BCOMP BMW, Porsche, Volvo acquire stake in natural fibre composites specialist / Expansion of production and sales activities	13.04.2022
EMS CEO bans “war” in Ukraine from company emails / Move said to help protect Russia-based staff	06.04.2022
ADVAL TECH Car components maker expects Ukraine war to hit production / Profits up in 2021 / Expansion in Mexico	29.03.2022
PLASTIC OMNIUM Dual-compound press at Sigmatech development centre / Transparent large PC parts for car bodies	25.03.2022
LEONI Ukraine plants restart with limited output / Size of net loss declines in 2021 / Sales up EUR 1 bn	24.03.2022
AUTOMOTIVE INDUSTRY European automakers, suppliers brace for further production slowdowns as war in Ukraine rages / Vehicle sales expected to suffer	21.03.2022

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