Russian manufacturers are now mostly selling their carbon black in Asia, according to PCBL finance chief Raj Gupta, and that is “impacting our margins.” “If they don't sell to their regular customers, ...
Nokia, Finland - Nokian Tyres plc has posted an overall increase in both sales and earnings (EBITDA) for 2024, due largely to “solid growth” in central Europe. Earnings came in 7.6% higher ...
Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has completed the acquisition of Goodyear’s off-the-road tire business, valued at $905 million (€878 million), the Japanese group reported 4 Feb. The ...
Zeon Corp. has announced that it is temporarily freezing its investment plan for the construction of a Li-ion battery binders production line in the US. The plan to buil ...
Brussels – The European Commission leader and executives of vehicle manufacturers in the region have highlighted a “sense of urgency” in strengthening Europe’s car industry’s global competitiveness.
Frankfurt, Germany – The German rubber industry association (WDK) has expressed disappointment with the economic policies proposed by political parties ahead of the federal election, scheduled for 28 ...
Washington, DC – In the US, the Vehicle Suppliers Association (MEMA) has “echoed the profound concerns” expressed by sectors ...
Brussels – The European chemicals industry remains at a “competitive disadvantage” compared to the US, China and the Middle ...
Piscataway, New Jersey – Evonik Industries AG is planning to shut down two silica manufacturing facilities in the US over the ...
Trelleborg, Sweden – Trelleborg AB has reported flat full-year sales and earnings for 2024, despite strong gains in the final ...
Consumer tire volumes increased by 5% overall in 2024 to 223.2 million units, buoyed by a 16% increase in demand for all-season tires, according to ETRMA's latest quarterly report. Every issue of ...
London – UK tire company ENSO and fleet/tire service provider i247 Group have signed a deal to supply ENSO commercial tires ...