The Global Impact Coalition (GIC), a CEO-led collaborative platform originally incubated at the World Economic Forum, launches the world’s first Automotive Plastics Circularity pilot together with seven global leaders in the chemical and recycling industries.
Italian polyamide and polymer specialist Radici has opened a new manufacturing plant in Suzhou, China, stepping up its presence in the Asian market. The site is designed to double capacity for engineering polymers, serving various markets that include automotive, electrical/electronics, consumer and industrial goods.
Versalis is planning a project at its site in Ravenna, Italy, to increase capacity for elastomers. Estimated investment costs are put at about $80 million
More Plastics, Less CO2 - Plastics are playing a pivotal role in the development of "green" vehicles. This is evident, for example, in a lightweight front-end carrier made entirely of polyamide; new, particularly heat-resistant, polyamides for engine compartment applications; and new rubber products for low rolling-resistance tires.
