Stellantis cuts output at 2 NorthAm plants

Market: Coking coal, Metals, Petrochemicals
01/06/22

US automaker Stellantis is cutting production this week at two of its North American plants, citing the ongoing semiconductor chip shortage.

On 30 May, the carmaker idled a plant that makes compact SUVs in Toluca, Mexico, and a plant that makes minivans in Windsor, Ontario, both for the week through 5 June.

AutoForecast Solutions this week increased the number of automotive builds expected to be lost in this year by 15,000 vehicles to 135,000. Another 400,000 are at risk of not being built, with more than 200,000 listed as recoverable, according to the forecaster's weekly update.

The reductions follow an early May reduction in AutoForecast Solution's North American production forecast to 14.82mn units, down by 330,000 units from its March outlook.

By Rye Druzin

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20/11/24

ArcelorMittal could close two service centres in France

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Graphjet launches Malaysian biomass-to-graphite plant

20/11/24

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20/11/24

Graphjet launches Malaysian biomass-to-graphite plant

Singapore, 20 November (Argus) — Nasdaq-listed Graphjet Technology has started operations at its artificial graphite plant in Malaysia, which will produce battery-grade graphite using recycled palm kernel shells (PKS), the firm said on 19 November. Graphjet's facility has the capacity to produce 3,000 t/yr of graphite by recycling up to 9,000 t/yr of PKS, which is sufficient to produce batteries for 40,000 electric vehicles (EVs)/yr. The firm has already received its first shipment of PKS, it said. Graphjet has another artificial graphite production facility planned in US' Nevada, and it plans to produce hard carbon at the Malaysian facility to use as feedstock at the Nevada facility. The Nevada facility is expected to have the capacity to recycle 30,000 t/yr of PKS to produce 10,000 t/yr of battery-grade artificial graphite and is slated to begin production in 2026, said Graphjet in April. China, the dominant producer of graphite, added a number of graphite products into its export licensing scheme at the end of last year. The move back then alarmed its neighbours, Japan and South Korea , which are major battery-producing countries and they have since been looking to reduce their dependency on Chinese graphite. China's graphite flake exports fell by 23pc to 44,103t during January-September following the exports curb, according to Chinese customs data. By Joseph Ho Send comments and request more information at feedback@argusmedia.com Copyright © 2024. Argus Media group . All rights reserved.

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Japan, Peru sign deal to enhance copper supply chain

19/11/24

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19/11/24

Japan, Peru sign deal to enhance copper supply chain

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Neste to supply renewable chemical feedstock to PCS

18/11/24

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18/11/24

Neste to supply renewable chemical feedstock to PCS

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Hong Kong unveils green maritime fuel action plan

18/11/24

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18/11/24

Hong Kong unveils green maritime fuel action plan

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