1st Quarter Financial Results Sales for the first quarter ended March 31, 2015, increased $174 million, or 10%, to $1.90 billion from $1.73 billion for the same period one year ago. Gross profit for the first quarter increased to $987 million…
Category: Industry News
Automotive plant at Zaheerabad expanded
Mahindra & Mahindra on Wednesday launched its manufacturing facility at Zaheerabad in Medak District of Telangana State. The facility will manufacture Mahindra’s new small commercial vehicle, code named P601. The new vehicle is scheduled to be launched by September. The…
Global Styrene Butadiene Rubber Market – Analysis and Forecast to 2019
The report covers the important styrene butadiene rubber global markets. It further divides the market on the basis of applications and geography. The market data for these types has been provided with respect to volume (thousand tons) and value (U.S$million).…
Introducing silicone seam sealer
Dow Corning Corp. has released its 1299 Silicone Seam Sealer that outperforms traditional acrylic sealants in narrow seam applications. Dow Corning said this helps manufacturers deliver windows and doors that prevent air and water infiltration to reduce energy costs. It also…
GKN Automotive honoured with the Automotive News PACE Award
GKN Automotive has been honored with an Automotive News PACE award for its two-speed eAxle technology, showcased on the class-redefining BMW i8 plug-in hybrid supercar. The Automotive News PACE award, bestowed for more than 20 years, is acknowledged around the…
Continental honoured with two 2015 Automotive News PACE Awards
International automotive supplier Continental was honored with two 2015 Automotive News PACE (Premier Automotive Suppliers’ Contribution to Excellence) Awards during the annual ceremony held Monday, April 20, 2015, at the Max M. Fisher Music Center in Detroit. The following Continental innovations were…
Global Silicone Elastomers Market Report 2015-2019
The silicone elastomers market is estimated to reach US$10,642.47 millions by 2019 from US$6,641.40 million in 2013, signifying a firm CAGR of over 8.22% between 2014 and 2019 The impact of different market factors, such as drivers, restraints, opportunities, and…
Albright restructures organization
Albright Technologies, a leading provider of silicone prototyping and low-volume production molding solutions, announced today a restructuring of its organization following a comprehensive evaluation of its workforce. The restructuring will pose the company to be better suited to the needs of…
Bangkok Bank backs Deestone tyre production expansion
Bangkok Bank is providing a loan of Bt2.5 billion to Deestone Group, one of Thailand’s leading tyre manufacturers, for factory expansion, as the group expands its annual production capacity for radial tyres to 10 million units by the end of…
Goodyear receives Pro Patria Award
The Ohio Committee for Employer Support of the Guard and Reserve, an agency of the Department of Defense, has honored The Goodyear Tire & Rubber Company (NASDAQ: GT) with the Pro Patria Award, the highest state-level award given to a civilian employer…