Category: Industry News

ContiTech’s sales increased to EUR3.9 bn in 2014

The industrial and automotive supplier ContiTech, part of the Continental Corporation, increased its sales by around €50 million to €3.9 billion in 2014. This equates to growth of 1.3%. The operating result (EBIT) reached €433 million (previous year: €462 million),…

Evonik to increase specialty silicones production

Evonik is launching a global initiative to enhance its technology platform for specialty silicones. With this action, the company will invest a triple-digit-million-euro amount and gradually increase the production volume of its specialty silicones. The plans include expansions in both…

Yokohama Tire to build ‘Green Playground’

On April 22, kids in San Juan Capistrano, California will get a new, eco-friendly playground, thanks to Yokohama Tire Corporation (YTC) and its cause marketing partner, KaBOOM!. YTC and KaBOOM! – a national non-profit organization dedicated to ensuring all children get…

52-week high for Delphi Automotive

On Apr 10, 2015, shares of Delphi Automotive PLC reached a new 52-week high of USUS$85.21, before eventually closing at US$84.71. The closing price represents a year-to-date return of 16.5%, much higher than the S&P 500’s total return of 2.1%. Average…