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ElectriPlast selected by Tier 1 supplier Lear Corporation

November 15/2011

(Plastics Today) -- ElectriPlast Corp. (Fort Washington, PA), a manufacturer of conductive plastics, has been selected by Tier 1 supplier Lear Corporation (Southfield, MI) to provide ElectriPlast conductive plastics to the Fisker Karma plug-in hybrid electric vehicle project currently under way in Valmet, Finland and scheduled to run through 2016. The high-performance Fiska Karma represents a high profile application for conductive plastics.

Lear has designed a new generation of electrical connectors for Fisker utilizing ElectriPlast's patented line of conductive resins. ElectriPlast and Lear are also working jointly to develop future technologies incorporating ElectriPlast composites into next-generation automotive components and devices. Shipments of ElectriPlast for the manufacturing of the new lightweight electrical connectors are scheduled to begin immediately.

The Fisker Karma is the world's first premium plug-in hybrid electric vehicle and the embodiment of Fisker Automotive's commitment to creating environmentally conscious vehicles with passion, style and performance.

Perspectives of development of polymer markets, pricing issues and other important aspects will be discussed at The Polymers Summit-2011, which will be held in Moscow on November 30, 2011 at the Ritz Carlton Hotel. The Summit will be organized by MRC with the support of ICIS. The main idea of the Summit is to find a "the golden mean" between producers and converters. When producers receive exactly such margin of production, which helps them to invest in production expansion in order to substitute polymers imports, and the converters receive such price of feedstock that helps them to compete imported finished products. The Summit site gives an access to the live video of the Summit, speakers" presentations, as well as opportunities to ask questions or make appointments to any Summit partcipant.

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