ASX-Dividend-Report-Banner

THECO OF SHANGHAI AND TREXEL, INC. EMBARK ON GROUNDBREAKING COLLABORATION TO SPEARHEAD ADVANCEMENTS IN THE EV MARKET

January 23, 2024 02:00 AM AEDT | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 THECO OF SHANGHAI AND TREXEL, INC. EMBARK ON GROUNDBREAKING COLLABORATION TO SPEARHEAD ADVANCEMENTS IN THE EV MARKET
Image source: Kalkine Media

WILMINGTON, Mass., Jan. 22, 2024 /PRNewswire/ -- THECO and Trexel, Inc. have entered into a formal partnership that aims to harness the collective strengths of both entities in the Electric Vehicle automotive sector. THECO is establishing an Advanced Pilot-Scale Production Innovation Center in Suzhou, China. This includes multiple advanced work cells with various molding machines and technologies including the MuCell® technologies. Both companies will jointly develop new solutions for the industry by leveraging Trexel's expertise in physical foaming technologies and design optimization for physical foaming.

THECO holds a lead position in research and development of cutting-edge manufacturing practices within the New Energy Vehicle (NEV) industry in China. This strategic focus aims to accelerate China's NEV initiative, emphasizing state-of-the-art solutions tailored specifically for lightweight design and world-leading performance.  Trexel's MuCell® Technology and its expertise in global application will help THECO and the NEV industry in lightweighting and higher product quality.

THECO is an engineering and consulting company offering T0 mass production through the integration of advanced digital platforms and tools, including mold design, mold filling analysis, mold intelligent manufacturing platform, and injection molding intelligent system.

In a statement regarding the partnership, Levi Kishbaugh, CEO of Trexel, expressed enthusiasm for the collaboration, stating, "We are excited to combine Trexel's MuCell microcellular foaming capabilities with THECO's unique design and simulation capabilities in ways that fully capture the benefits of the MuCell process for electric vehicles."

This strategic alignment underscores THECO's commitment to advancing the automotive sector through meticulous design, cutting-edge lightweighting solutions, and a streamlined manufacturing process. THECO is set to play a pivotal role in driving China towards the forefront of state-of-the-art manufacturing practices for electric vehicles.

About Trexel, Inc.

Trexel, Inc., headquartered in Wilmington, MA, has led the development of the MuCell® microcellular foaming injection and has pioneered many plastic processing solutions focusing on sustainability and reusability. The MuCell® technology provides unique design flexibility and cost savings opportunities in the automotive, electronics, industrial, consumer, footwear and packaging. Process deployment as well as equipment are supported by teams of highly qualified engineers through Trexel subsidiaries throughout North America, Europe, and Asia.

®MuCell is a registered trademark of Trexel, Inc

For more information, please visit Trexel, Inc.
www.trexel.com.

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

AU_advertise

Advertise your brand on Kalkine Media

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.