Join today and have your say! It’s FREE!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}

Join today with :

or

By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Sign in with existing account
Please Try Again
{{ error }}

Sign In With :

or

Password Hint : {{passwordHint}}
Forgot Password?
Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

CSP VICTALL Receives Prestigious JEC Innovation Award

TANGSHAN, China & AUBURN HILLS, Mich.

Company Recognized for Developing China’s First Composite Pickup Box

As the pioneer of composite automotive component suppliers in China, CSP VICTALL today announced it has been awarded the coveted CCE-JEC Innovation Award for its advanced composite pickup box. The box, currently in production on Jiangling Motors Corporation’s (JMC) Yuhu 3 and Yuhu 5 pickup trucks, is the first such use of composites in the Chinese automotive industry. The composite box developed by CSP VICTALL solves the issues of heavy weight, low corrosion resistance and high cost for pickup boxes traditionally made of metal.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190919005475/en/

CSP Victall and Chinese automaker JMC introduced China's first composite pickup box at Auto Shanghai. (Photo: Business Wire)

CSP Victall and Chinese automaker JMC introduced China's first composite pickup box at Auto Shanghai. (Photo: Business Wire)

The innovative composite product uses integrated sheet molding compound (SMC) that is molded into the desired geometry in just one step, significantly reducing production cycle time and the number of molds required. The composite material is easier to mold, allows for more complex shapes, and is far more resistant to dents, punctures and rust than steel or aluminum. The Yuhu composite pickup box is 30 percent lighter than a similar box stamped in steel.

“We are so honored to receive this important recognition from the JEC and the CCE,” said Mr. Song Changjiang, general manager of CSP Victall. “This composite pickup box is a benchmark for composites use in the Chinese market, and just one example of the innovations that can be achieved using composites in place of metal.”

CSP Victall’s award-winning composite pickup box is the result of a two-year collaboration project between CSP Victall and JMC. The R&D team of CSP VICTALL provided comprehensive solutions for JMC in raw material development, manufacturing processes and product design. With its success in developing similar products in the North American market, Continental Structural Plastics, the parent company of CSP VICTALL, also provided support for the project.

“Through our expertise in advanced composite formulations, as well as automotive component design and engineering, we are well-positioned to collaborate with automakers throughout China to provide innovative solutions to challenges related to weight, emissions regulations and design,” added Mr. Changjiang.

Created in 1998, the JEC World Innovation Awards identify, promote and reward the most innovate composite solutions in the world. The selection criteria include technical excellence, exemplarity of the chain of partners, market potential and originality.

About CSP VICTALL

CSP VICTALL is a joint venture established between Continental Structural Plastics and Victall. CSP VICTALL focuses on lightweight solutions for the automotive industry and battery cover for new energy vehicles. The first manufacturing plant is located in TangShan city, HeBei province. Its China headquarters is located in Auto Innovation Park, AnTing, ShangHai.

Products include Class A body panels and high strength structural parts. The advantages of its products are they possess the same mechanical properties when compared with metal, yet are lighter and environmentally friendly. All CSP VICTALL products are using the company’s own patented composite material. For more information about CSP VICTALL and its products, please visit www.csp-victall.com

About Continental Structural Plastics

Continental Structural Plastics, a Teijin Group company, has provided leading-edge technologies in lightweight materials and composite solutions for the automotive, heavy truck, HVAC and construction industries for 50 years. Headquartered in Auburn Hills, Michigan, CSP provides full-service engineering support, and holds multiple patents covering materials development and manufacturing processes. The company has operations on three continents and more than 4,300 employees. For more information, visit www.cspplastics.com.

U.S. Contact
Kim Zitny
+1 248-535-6944
Kim.zitny@cspplastics.com

Tags:




×

StockTalk
Get our FREE StockTalk Investor Guides by sector as they are released!

Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email.

You are already a member! Please enter your password to sign in.