CSP VICTALL Receives Prestigious JEC Innovation Award

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) TANGSHAN, China & AUBURN HILLS, Mich.–(BUSINESS WIRE)–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. 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, punct...

Cymat Provides Update on AlusionTM Chinese Market and Architectural Division Activity

TORONTO , May 15, 2019 /CNW/ – Cymat Technologies Ltd. (the “Company” or “Cymat”) is pleased to provide an update of activities within the Company’s architectural division AlusionTM.  During the previous year, AlusionTM signed a strategic agreement with a Chinese distributor which has led to its inclusion in several completed projects in China and an ongoing pipeline of new orders.  In the 8 months since the agreement was implemented, AlusionTM sales orders from the region have totalled approximately $1.3 million and Cymat anticipates continued buoyant growth of AlusionTM in the Chinese market. AlusionTM is unencumbered by the recent international tariff escalations that have affected many aluminum products. AlusionTM has also begun advertising and marketing on ArchDailyTM, a world-leading architectural internet-based material and design source for builders, architects and designers. ArchDailyTM receives 13.6 million views a month (Source:archdaily.com).  AlusionTM’s presence on the site has generated over 3.7 million views in the first quarter of this year alone, helping to increase architectural inquiry and quoting activity for the bra...