Category: Industry News

Apollo embraces biodiversity conservation

Apollo Tyres Ltd. recently showcased its commitment to biodiversity in a big way. The India-based tire manufacturer inaugurated two butterfly gardens within the premises of its two manufacturing facilities in Kerala in the southern part of the country. The company…

Hexion Inc. to Showcase two automotive composites at JEC

In collaboration with industry partners, Hexion is continually refining its resin portfolio in response to manufacturers’ increasing interest in composites as lighter weight alternatives to metal. These two new applications represent advances in resin technology that can help manufacturers reduce…

India’s Feb natural rubber imports jump 42 %

India’s natural rubber imports in February jumped nearly 42 % to 28,806 tonnes from a year earlier as lower prices in the world market prompted tyre makers to raise overseas purchases, a government official, who declined to be named, told…

Morningstar gives Delphi Automotive “BBB” rating

Delphi Automotive PLC has earned a “BBB” credit rating from analysts at Morningstar. The investment research firm’s “BBB” rating suggests that the company is a moderate default risk. They also gave their stock a two star rating. A number of other…

Automotive brake friction products market worth 3.61 bn units by 2019

The report “Automotive Brake Friction Product Market by OE & Aftermarket (Brake Pads, Shoes, Lining, Rotor, and Drum) & Material type (Pads-Non Metallic, Semi-Metallic, & Ceramic, Lining-Organic, Semi-Metallic & Synthetic) – Industry Trends & Forecast to 2019” defines and segments the Automotive Brake…

Cooper Tire & Rubber gets “Hold” rating

Shares of Cooper Tire & Rubber Co (NYSE:CTB) have earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, Analyst Ratings.Net reports. Four research analysts have rated the stock with a hold rating and…