AUTOMOTIVE INDUSTRY EUROPE

Suppliers fear double impact of tariffs / Associations urge ‘negotiated solution' / Carmakers fined nearly EUR 600 mn for cartel participation

TRADE WAR

US punitive tariffs cause uncertainty among plastics processors / Numerous materials exempt from duties

EUROPEAN CAR MARKET

EU registrations rebound in October / Tariffs slowing Chinese imports / BEV demand to decline / Ford job cuts to focus on Germany

OKE

Automotive supplier acquires US competitor Global Enterprises

AUTOMOTIVE INDUSTRY EUROPE

How much plastics does electromobility require? / Auto sector faces radical change / Renaissance of combustion engine also conceivable

EUROPEAN CAR INDUSTRY

EU registrations rise over 4% in Q1 despite weak March / Sales of fossil-fuel models plunge / EVs near half of market share

POLYMER PRICES

North America November 2023: Rollovers, reductions prevail / Only PP moves higher / Weak orders coincide with ample supply / Year set to end on soft note

ELECTRIC VEHICLES

Carmakers rethink investments as demand wanes / Consumers still worry about prices / EU examines Chinese imports

STELLANTIS

Carmaker offers buyouts for thousands of US workers / Cuts hit around the globe

POLYMER PRICES

North America October 2023: Rollovers predominate, only PP and PS move up / Surplus in nearly all segments / End of strike in auto industry unlikely to affect prices / Reductions expected in November / Further uncertainty due to Middle East conflict

POLYMER PRICES

North America September 2023: Mixed picture for standards / Forces majeures remain for PE, PP / Car industry strike hurts ordering / Price cuts likely in October

UPDATE - PLASTIC OMNIUM

Hydrogen storage facility to be built in US / Chinese JV begins operations / Power purchase agreement for 14 French sites

STELLANTIS

Dutch automotive giant warns of factory closures unless Brexit deal is revised / Insufficient supply of critical materials for EV

ELECTRIC VEHICLES MARKET

Paradigm shift in automotive industry / Trade group says half of European-made cars in 2023 will be electric / Tough times for suppliers / PIE talks to Axel Bornemann from ContiTech

DSM

Part made of recycled ocean plastic earns SPE award / Component used in Ford SUV

ENGEL

Injection moulding machine manufacturer sees dynamic development / Annual turnover expected to be close to pre-crisis level / Risks through material shortages

AUTOMOTIVE INDUSTRY

First edition of new "IAA" motor show in Munich loses exhibitors / PwC survey: 70% Germans, 97% Chinese willing to change mobility behaviour

BEWI

Izoblok acquisition strengthens EPP activities in car industry / Deal includes four plants in Europe

POLYAMIDES

Precursors, pull from China, and freight prices: Fragile PA 6.6 chain alarmingly unsteady / Steeply rising prices / Cost of PA 6 also moving up

VARROC LIGHTING SYSTEMS

Production site in Poland opened

AUTOMOTIVE INDUSTRY

Supply chains remain unreliable / Volatile demand affecting production more than usual / Suppliers expect at least 20-30% lower sales for the year / Losses inevitable

TURKEY

Pagev asks for plastics industry incentives due to Covid-19 impacts / Downturn in construction, automotive and white goods sectors / Medical supply production ramps up

MANN+HUMMEL

Coronavirus contamination control drives filtration product developments

AUTOMOTIVE INDUSTRY

European and US vehicle production shutting down due to Covid-19 / Car giants dealing with supply disruptions and plummeting demand

JEC WORLD 2020

International composites trade fair to be held in March in Paris