LFT-D line Confirmed for Installation at CSP Victall

Auburn Hills, Michigan – April 20, 2015 — Continental Structural Plastics (CSP), a global leader in lightweight composite solutions, announced today that its 50:50 Chinese joint venture, CSP Victall, has agreed to purchase from Dieffenbacher a fully automated LFT-D line for its facility in Tangshan, China. This line is the first in the world to be equipped to support the application of carbon fiber and higher temperature resins in addition to mainstream glass and polypropylene materials.

The scope of equipment being supplied by Dieffenbacher includes a 4,300-ton Compress Plus press and a subsequent punch press for LFT-D in-line compounding, convection ovens and complete automation. The line features a 30-second cycle time, and with double belt-loading, has an output of approximately one million components per year.

Formed in October 2014, CSP Victall is a 50:50 joint venture between Qingdao Victall Railway (Group) Co., Ltd., and Continental Structural Plastics. The company, CSP Victall (Tangshan) Structural Composites Co., Ltd., will operate out of a 322,000 square-foot manufacturing facility located in Tangshan. The company will manufacture composite components for the automotive, heavy truck and bus, construction and agriculture markets in China. The joint venture will also compound and sell sheet molded compound (SMC) raw materials out of this facility. Production operations are expected to begin in the third quarter of 2015.

About Continental Structural Plastics

For more than 40 years, Continental Structural Plastics (CSP) has provided leading-edge technologies in light-weight materials and composite components for the automotive, heavy truck, HVAC and construction industries. Headquartered in Auburn Hills, Michigan,
CSP holds more than 50 patents covering materials development and manufacturing processes in composite materials formulation, engineering design and manufacturing technologies.  For more information, visit www.cspplastics.com.