According to media reports, on October 29, 2015, Goodyear released its financial report that its net profit in the third quarter of this year increased by 68% compared with the same period of last year. Although its revenue declined, the company’s North American business profitability hit a record. The highest level of history. In the fiscal quarter, Goodyear’s revenue was US$4.18 billion, a decrease of 10% from the same period of last year and it failed to reach the analyst’s average forecast of US$4.22 billion. The company’s third-quarter net profit was 271 million US dollars, higher than the 161 million US dollars in the same period of last year. Earnings per share was 99 cents, which was 58 cents higher than the same period of last year, which exceeded the analyst’s average expectation of 97 cents. In the quarter, Goodyear sold a total of 42.5 million tires , an increase of 1% over the same period last year; operating profit of the tire business was 599 million US dollars, higher than the 520 million US dollars in the same period of last year.
Fully refined paraffin refers to a product obtained by using oil-containing wax as the raw material, degreased by sweating or solvent, and then refined by clay or hydrogenation.
Fully refined paraffin is also called refined white wax. The appearance of fully refined paraffin is white solid, with block and granular products. Its product has a higher melting point, less oil content, no sticking at room temperature, no sweating, no greasy feeling, waterproof, moisture-proof It has good electrical insulation. Because of its high degree of sophistication and low content of fused aromatic hydrocarbons. It has good chemical stability and light, good thermal stability, strong toughness, good plasticity, white color, no mechanical impurities and moisture, and no smell. Fully refined paraffin can be Soluble in: benzene, ether, chloroform, carbon disulfide, carbon tetrachloride, turpentine, petroleum, fixed oils.
Mainly used in high-frequency porcelain, carbon paper, stylus wax paper, precision casting, decorative sound-absorbing board and other products. Also used in packaging, electronics, textile candle crayons, match making and other industries. In addition, manufacturing high-grade candles and various industrial, civilian candle products Raw materials and additives, modifiers, etc.
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Goodyear sold 42.5 million tires in the third quarter