Author: admin

Silicone Coatings market forecasts to 2020

According to new report published by Grand View Research, the global silicone coatings market is anticipated to witness increased demand in marine applications owing to properties including low chemical reactivity, thermal stability, low thermal conductivity, strength, stability, low flammability and…

O’Reilly Automotive: Q1 FY15 Earnings Review

Summary Recent results were impressive. Major tailwinds remain intact. New store growth continues. I turn bullish on the stock. Earnings Review Recently, O’Reilly Automotive released Q1 FY15 operating results. Overall results were impressive to say the least, as the company exceeded…

Osram to focus on automotives

Germany’s Osram (OSRn.DE) plans to transfer its 2 billion euro (US$2.5 billion) general lamps business into an independent legal structure, paving the way for a possible spin-off or sale and allowing it to focus on automotive lighting and components. The…

Tanzania to inject US$20m to revive General Tyre

The state is preparing to pump in over US$20 million to breathe life into the defunct General Tyre East Africa, whose production lines stalled in 2009 due to, among other factors, importation of cheap tyres. Industry and Trade Minister Dr…

Chinese dumping hurting Indian tyre makers

With the US imposing anti-dumping duty on Chinese tyres, imports of such tyres into India has surged over the past several months, adding to pressure on Indian tyre makers. At a basic custom duty of just 10%, Chinese tyres have…