LIVONIA, Mich., March 1, 2012 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), has developed a range of driver airbag modules made of regenerative plastic material, which offers a number of environmental benefits. The Company is the first to develop the new, greener module where components, including the airbag cover and retainer plate, are now made from a new, bio-based material.
Manuel Poyant, core engineering manager for driver airbags and steering wheel systems at TRW commented: "TRW is using a new bio-based material for its driver airbag modules which offers significant environmental advantages. Firstly, this material reduces the vehicle's "interior emissions" – the gases that are released at low levels from new materials, particularly at high temperature. Reducing such emissions is now a key focus, with leading vehicle manufacturers specifying emissions limits for target compounds released from trim materials. In addition, a significant proportion of the carbon in the new plastic material comes from regenerative raw materials, which helps to save fossil resources.
"The plastics sector has evolved significantly in recent years and with the greater focus from the automotive industry on sustainable products and the environment, greener technologies such as bio-materials are high on vehicle manufacturers' agendas. Our customers are already showing strong interest in this new technology."TRW envisions that the new range of driver airbag modules will be ready for production by mid 2012 and anticipates that the technology could gradually replace all conventional oil based materials in driver airbags in the coming years. About TRW With 2011 sales of $16.2 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV