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Companies Application Automotive / Transport

BORSCHEID + WENIG German automotive supplier slips into provisional insolvency / Business operations continue	03.08.2022
PLASTIC OMNIUM French automotive group takes full ownership of HBPO subsidiary	02.08.2022
HELLA Margins under heavy pressure / Sales decline less than global vehicle production / EBIT almost cut in half	01.08.2022
PLASTIC OMNIUM Profits under pressure in H1 / Automotive supplier repeats forecast nevertheless / Investments in electromobility	29.07.2022
DELTA TECNIC Spanish masterbatch specialist raises revenue / January-April turnover jumps over 20%	22.07.2022
SEKISUI Major price hikes for PVB films	21.07.2022
WIRTHWEIN German plastics converter establishes fourth subsidiary in China / Production for a key customer from the electrical industry	15.07.2022
CONTINENTAL Nearly 900 German jobs threatened at ContiTech plastics unit / Focus on products for electric vehicles	14.07.2022
POLYMER-GROUP New subsidiary unit for the production of flexible PLA copolymers / Plans for massive investments / Cooperation with Fraunhofer IAP	14.07.2022
SAFRAN Expansion of Moroccan composites plant for jet engine housings	11.07.2022
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

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