Automotive
The companies featured on PressReleaseFinder are active in several industries.
1 Feb 2021
Increasing complexity of automotive LED lighting designs creates demand for novel and easy to mold thermoplastics
The trend toward developing complex, intricate automotive lighting designs using light-emitting diodes (LEDs) has created a need for high-performance thermoplastics with exceptional flow and easy mold release. Design elements such as part and function integration, wider, larger and thinner forward and rear lighting components, and critical aesthetics call for materials that can enable thin walls, aggressive styling with sharp draft angles and an impeccable appearance. SABIC’s portfolio of super high-flow LEXAN™ polycarbonate (PC) resins for automotive lighting bezels enables the industry to create complex geometries and integrate more features never before possible with ease of manufacturing.
27 Jan 2021
Belden Announces Acquisition of OTN Systems N.V.
Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, today announced that it has entered into a definitive agreement to acquire privately held OTN Systems N.V., a leading provider of automation networking infrastructure solutions, for approximately $71 million, net of cash acquired. The transaction is expected to close in the first quarter 2021, subject to customary closing conditions, and will be financed with cash on hand, which was approximately $500 million at the end of 2020. Separately, the Company increased its revenue and EPS guidance for the fourth quarter 2020.
Mondi, a global leader in sustainable packaging and paper, received eight awards in three categories at this year's WorldStar Packaging awards. In this annual competition of the World Packaging Organisation, judges from 55 countries recognised achievements in packaging innovation and technologies worldwide, with a focus on sustainability, product protection and end-user convenience.
SABIC today introduced two new radar absorbing LNP™ STAT-KON™ compounds for automotive radar sensors, significantly expanding its portfolio of these specialty materials. The new grades, based on polybutylene terephthalate (PBT) resin, may be used for integration with radomes manufactured using PBT material, which can provide superior resistance to automotive chemicals. They complement and extend SABIC’s existing radar absorbing LNP STAT-KON compounds, which are based on polyetherimide (PEI) resin for withstanding higher processing temperatures or on polycarbonate (PC) resin for general applications that require high durability and a balance of physical properties. The high radio frequency (RF) absorption of these compounds can help increase detection range and improve signal resolution. Through materials innovation, SABIC is contributing to the growth of automotive radar and the design of next-generation sensors.
Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announced that it will start a strategic partnership with Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel and a forerunner as provider of renewable and circular solutions for the chemical industry, to enable the production of high performance polymers. This enables DSM and its customers to reduce the carbon footprint of their own products whilst supporting the industry to transition to a circular economy.
Clariant, a focused, sustainable and innovative specialty chemical company, today announced that the company was recently honoured with various high-level awards in the area of sustainability and innovation. Henkel Adhesive Technologies presented Clariant its Sustainability Award 2020. In addition, Clariant won in two categories of this year’s ICIS Innovation Awards: Clariant’s multi-purpose additive Licocare® RBW Vita, derived from crude rice bran wax, won ‘Best Product’, and the ammonia synthesis catalyst AmoMax™-Casale, jointly developed with Casale SA, won ‘Best Sustainable Process’.