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Cooper Standard's Plastic Coolant Hub Technology Named SPE® Automotive Innovation Award Powertrain Category Winner

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Cooper Standard (NYSE: CPS) has won the 2024 Society of Plastics Engineers (SPE) Automotive Innovation Award in the powertrain category for its plastic coolant hub. The innovative solution can be adapted to all OEM systems, including BEV, ICE and hybrid vehicles. Unlike traditional coolant handling systems with multiple discrete components, this hub combines fluid handling components and integrates pressure balancing into a compact plastic manifold.

The technology offers significant advantages including improved vehicle performance, reduced packaging space, decreased assembly time, lower labor requirements, and more sustainable operations through reduced material and product waste.

Cooper Standard (NYSE: CPS) ha vinto il Premio Innovazione Automotive 2024 della Society of Plastics Engineers (SPE) nella categoria powertrain per il suo hub di raffreddamento in plastica. La soluzione innovativa può essere adattata a tutti i sistemi OEM, inclusi veicoli BEV, ICE e ibridi. A differenza dei tradizionali sistemi di gestione del liquido di raffreddamento con molteplici componenti separati, questo hub combina i componenti di gestione del fluido e integra il bilanciamento della pressione in un compatto collettore di plastica.

La tecnologia offre vantaggi significativi, tra cui prestazioni del veicolo migliorate, riduzione dello spazio di imballaggio, diminuzione dei tempi di assemblaggio, minori esigenze di manodopera e operazioni più sostenibili grazie alla riduzione dei rifiuti di materiale e prodotto.

Cooper Standard (NYSE: CPS) ha ganado el Premio de Innovación Automotriz 2024 de la Society of Plastics Engineers (SPE) en la categoría de tren motriz por su hub de refrigerante de plástico. La solución innovadora se puede adaptar a todos los sistemas OEM, incluidos los vehículos BEV, ICE e híbridos. A diferencia de los sistemas de manejo de refrigerante tradicionales con múltiples componentes discretos, este hub combina componentes de manejo de fluidos e integra el equilibrio de presión en un compacto colector de plástico.

La tecnología ofrece ventajas significativas, incluyendo un mejor rendimiento del vehículo, menor espacio de empaque, reducción del tiempo de ensamblaje, menores requisitos de mano de obra y operaciones más sostenibles a través de la reducción de desechos de materiales y productos.

쿠퍼 스탠다드 (NYSE: CPS)는 2024년 플라스틱 엔지니어 협회(SPE) 자동차 혁신상을 파워트레인 부문에서 플라스틱 냉각 허브로 수상했습니다. 이 혁신적인 솔루션은 BEV, ICE 및 하이브리드 차량을 포함한 모든 OEM 시스템에 맞게 조정될 수 있습니다. 전통적인 냉각 처리 시스템과는 달리 이 허브는 여러 개별 컴포넌트를 통합하여 액체 처리 컴포넌트를 결합하고 압력 균형을 컴팩트한 플라스틱 집합체에 통합합니다.

이 기술은 차량 성능 향상, 포장 공간 감소, 조립 시간 단축, 인력 요구 사항 감소, 재료 및 제품 폐기물 감소를 통한 보다 지속 가능한 운영 등 여러 가지 주요 이점을 제공합니다.

Cooper Standard (NYSE: CPS) a remporté le Prix d'Innovation Automobile 2024 de la Society of Plastics Engineers (SPE) dans la catégorie des groupes motopropulseurs pour son hub de refroidissement en plastique. La solution innovante peut être adaptée à tous les systèmes OEM, y compris les véhicules BEV, ICE et hybrides. Contrairement aux systèmes de gestion de refroidissement traditionnels avec plusieurs composants discrets, ce hub combine les composants de gestion des fluides et intègre l'équilibrage de la pression dans un collecteur en plastique compact.

La technologie offre des avantages significatifs, notamment une meilleure performance du véhicule, un espace d'emballage réduit, un temps d'assemblage diminué, des besoins en main-d'œuvre moindres et des opérations plus durables grâce à la réduction des déchets de matériaux et de produits.

Cooper Standard (NYSE: CPS) hat den Automotive Innovation Award 2024 der Society of Plastics Engineers (SPE) in der Kategorie Antriebsstrang für seinen Kunststoff-Kühlmittel-Hub gewonnen. Die innovative Lösung kann an alle OEM-Systeme angepasst werden, einschließlich BEV-, ICE- und Hybridfahrzeugen. Im Gegensatz zu traditionellen Kühlmittel-handling-Systemen mit mehreren diskreten Komponenten kombiniert dieser Hub die Komponenten zur Flüssigkeitsbehandlung und integriert den Druckausgleich in ein kompaktes Kunststoff-Manifold.

Die Technologie bietet erhebliche Vorteile, darunter verbesserte Fahrzeugleistung, reduzierte Verpackungsfläche, verkürzte Montagezeiten, geringere Arbeitsanforderungen und nachhaltigeren Betrieb durch reduzierte Material- und Produktabfälle.

Positive
  • Product already in production with strong business growth potential
  • Technology applicable across multiple vehicle types (BEV, ICE, hybrid)
  • Product reduces assembly time and labor costs for automakers
  • Solution decreases material waste and improves sustainability
  • Recognition through prestigious industry award enhances market credibility
Negative
  • None.

Insights

The plastic coolant hub represents a significant technological advancement in automotive fluid management systems. The innovation consolidates multiple components into a single integrated unit, offering substantial benefits in terms of manufacturing efficiency and vehicle performance. Key advantages include:

  • Reduced assembly complexity and labor costs through component integration
  • Improved space utilization in vehicle design
  • Enhanced sustainability through material reduction
  • Cross-platform compatibility (BEV, ICE, hybrid vehicles)

While this innovation award validates the technology's potential, the real value lies in its production-ready status and broad market applicability. For investors, this positions Cooper Standard favorably in the automotive supplier space, particularly as vehicle manufacturers seek solutions that can adapt to various powertrain technologies while improving production efficiency.

NORTHVILLE, Mich., Nov. 26, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) has been recognized as a 2024 Society of Plastics Engineers (SPE) Automotive Innovation Award winner in the powertrain category for its plastic coolant hub. Cooper Standard received the award during the 53rd annual SPE Innovation Awards Competition and Gala, held Nov. 13 in Livonia, Mich.

"We are honored that our plastic coolant hub has been recognized as a category winner for the 2024 SPE Automotive Innovation Award," said Chris Couch, president, Fluid Handling Systems and chief technology officer, Cooper Standard. "This innovative solution satisfies requirements across a range of vehicle applications, and can be adapted to all OEM systems, including BEV, ICE and hybrid. Already in production, we see strong potential for business growth with our plastic coolant hub."

Cooper Standard's plastic coolant hub distinguished itself from traditional products by delivering a customized solution designed to meet customers' unique fluid handling needs and engineering challenges. Unlike traditional coolant handling systems that are comprised of many discrete tubes, adaptors, and connectors, Cooper Standard's plastic coolant hub combines many of these fluid handling components and a uniquely integrated pressure balancing feature into a more sophisticated centralized compact plastic manifold. For automakers, Cooper Standard's plastic coolant hub has the potential to improve vehicle performance, reduce required vehicle packaging space, save assembly time, reduce required labor and support more sustainable operations with less material and product waste.

Cooper Standard's coolant hub enables several efficiencies and savings, improving overall performance and efficiency. Additionally, the required packaging spacing in a vehicle has been significantly improved through the consolidation and integration of the plastic coolant manifold components.

The SPE Automotive Innovation Awards program honors the best companies in automotive plastics. Category and Grand Award winners were selected from a group of finalists by a group of journalists, academics and retired industry chief engineers.

About the SPE Automotive Innovation Awards Program
SPE's Automotive Innovation Awards Program is the oldest and largest competition of its kind in the world. Dozens of teams made up of OEMs, tier suppliers, and polymer producers submit nominations describing their part, system, or complete vehicle and why it merits the claim as the Year's Most Innovative Use of Plastics. This annual event typically draws over 800 OEM engineers, automotive and plastics industry executives, and media. As is customary, funds raised from this event are used to support SPE educational efforts and technical seminars, which help educate and secure the role of plastics in the advancement of the automobile. For more information, please visit: https://speautomotive.com/spe-automotive-div-innovation-awards/

About Cooper Standard
Cooper Standard, headquartered in Northville, Mich., with locations in 21 countries, is a leading global supplier of sealing and fluid handling systems and components. Utilizing our materials science and manufacturing expertise, we create innovative and sustainable engineered solutions for diverse transportation and industrial markets. Cooper Standard's team of more than 22,000 team members (including contingent workers) are at the heart of our success, continuously improving our business and surrounding communities. Learn more at www.cooperstandard.com or follow us on LinkedInXFacebookInstagram or YouTube.

Contact for Media:
Chris Andrews
Cooper Standard
(248) 596-6217
CAndrews@cooperstandard.com

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SOURCE Cooper Standard

FAQ

What award did Cooper Standard (CPS) win for its plastic coolant hub in 2024?

Cooper Standard won the 2024 Society of Plastics Engineers (SPE) Automotive Innovation Award in the powertrain category for its plastic coolant hub technology.

What are the main benefits of Cooper Standard's (CPS) plastic coolant hub?

The plastic coolant hub offers improved vehicle performance, reduced packaging space, decreased assembly time, lower labor requirements, and more sustainable operations through reduced material and product waste.

What vehicle types can use Cooper Standard's (CPS) plastic coolant hub?

The plastic coolant hub can be adapted to all OEM systems, including Battery Electric Vehicles (BEV), Internal Combustion Engine (ICE), and hybrid vehicles.

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