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Automotive

Increasing demand for coatings that protect composites against the effects of wear and abrasion has led Italian motorsport specialists CRP Technology to become the first reseller of Zircotec’s ceramic and metallic protective coatings for its own mouldings. 2 September 2010

Visteon’s reorganisation plan has been approved by US Bankruptcy Court in Delaware. The $700m (€550m) exit plan, arranged by Morgan Stanley, involves a $500m (€392m) senior secured term loan and $200m (€160m) of senior secured asset-based revolving credit. 1 September 2010

Möllertech is investing $9.8m to start an injection moulding plant in Elberton, the company announced. The plant will serve automotive customers, primarily BMW. 27 August 2010

The Russian media are reporting that Sibur and Tatneft are to merge their tyre activities. The combination of Sibur Russian Tyres and Nizhnekamskshina would be a formidable force in the Russian tyre sector, given that Sibur is now the largest creditor of Amtel, and hence has nominal control over Amtel's tyre building assets. 24 August 2010

Pirelli Tyre has secured the services of Mercedes GP Petronas test driver Nick Heidfeld – who has more than 150 career Formula 1 starts in his resume – to be its official test driver as it begins testing tyres for next year’s F1 season. 19 August 2010

Electronics contract manufacturer Flextronics is closing its automotive components plant in Mor, Hungary with the loss of around 340 jobs. 16 August 2010

Global auto supplier Visteon posted a loss of $201m for Q2 2010, up from a loss of $112m during the same quarter in 2009, even though revenues and ebitda both increased. 11 August 2010

Sabic subsidiary Exatec is teaming up with Ulvac, a vacuum technology firm, to produce Lexan PC resin for vehicle windows. 3 August 2010

Unite, Britain's biggest union, has warned Ford Motor Company of legal action over the pension rights of staff who transferred to Visteon UK and subsequently lost their jobs and pensions after the firm went into administration last year. 27 July 2010

Pirelli UK has been fined £9,000 after a worker suffered a broken leg when he was hit by a forklift truck at the company's Carlisle factory. 26 July 2010

Auto supplier Plastic Omnium says reducing its cost base by 21% during the recession has helped boost revenues and profit during the first half of the year. 26 July 2010

Rock Hill, South Carolina-based 3D Systems, a provider of rapid prototyping, 3D printing and manufacturing systems, is sponsoring an all-electric racing motorbike to be unveiled at the US motorcycle Grand Prix in Monterey, California. 22 July 2010

Exatec, a wholly owned subsidiary of Sabic, and Ulvac, a specialist in mass-production vacuum technologies, are collaborating to develop cost-effective, high-volume production of plasma-coated Lexan polycarbonate (PC) resin for vehicle windows. 22 July 2010

Processing group Ford Forschungszentrum says it is close to using polypropylene reinforced with 30% sisal fibres for injection moulding. 21 July 2010

Borealis has formed a business unit targeting automotive Tier One and OEM customers in the global automotive industry. 15 July 2010



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