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.
Forward-Looking Statements
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which could cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2011 (our "Form 10-K"), such as: any developments related to antitrust investigations adversely affecting our financial condition, results, cash flows or reputation; general economic conditions causing a material contraction in automotive sales and production adversely affecting our results or the viability of our supply base; the unsuccessful implementation of our current expansion efforts adversely impacting our business and results; commodity inflationary pressures adversely affecting our profitability or supply base; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; any shortage of supplies causing a production disruption; pricing pressures from our customers adversely affecting our profitability; increasing costs negatively impacting our profitability; the loss of any of our largest customers materially adversely affecting us; risks associated with non-U.S. operations, including economic and political uncertainty in some regions, adversely affecting our business, results or financial condition; any inability to protect our intellectual property rights adversely affecting our business or our competitive position; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or liabilities relating to environmental, health and safety regulations adversely affecting our results; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers adversely affecting our operations; any disruption in our information technology systems adversely impacting our business and operations; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the U.S. Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
