Akron, Ohio – Goodyear Tire & Rubber Co. has completed the final round of its divestment plant with the sale of its ‘chemical business’ to an affiliate of private equity firm Gemspring Capital ...
Operating profit for the division remained flat at Yen2.3 billion, Zeon reported 30 Oct. The division posted lower sales and volumes across all operations, with synthetic rubbers reporting a 6% ...
JPX noted that consumers in the physical market are currently paying premiums of 5–10 cents/kg over futures, depending on origin. This, it said, indicates processors are operating on "thin margins" at ...
Goodyear supplies aircraft tires to commercial airlines, defence customers and private aviation operators. The company said the unified structure is expected to support further product development and ...
Brussels – An alliance of 80 leading European industrial companies, including chemicals majors such as Ineos, BASF, Evonik, DuPont and Lanxess, has warned that current EU climate rules risk driving ...
Nokia, Finland – Nokian Tyres plc has reported strong third-quarter results, driven primarily by improved pricing. Sales for the three months to end of September rose over 9% year-on-year to €344 ...
Mutares said HSR and HST are a “perfect fit” for Amaneos China, offering “value-chain synergies” through integration with the Chinese subsidiaries of its other recently acquired businesses: SMA ...
Munich, Germany – Wacker Chemie AG’s silicones division has reported a weak third quarter with both sales and earnings lower than the previous year. During the three months to end of September, the ...
Madrid, Spain – Zhongce Rubber (ZC Rubber) has unveiled a ‘fleet service strategy’ as the Chinese group targets the fleet segment as a key driver of growth in Europe.
Nokia, Finland – Nokian Tyres launches a “next-generation” smart tire technology for agricultural machinery, featuring advanced pressure monitoring and load-sensing capabilities. The Intuitu 2.0 Smart ...
Reka Rubber’s volume and profitability continued to “develop well” in the three month to end of September, with sales up 23% year-on-year at €7.4 million, Reka Group announced 24 Oct. Earnings (EBITDA ...
The European Tyre and Rubber Manufacturers’ Association (ETRMA) has rebranded as “Tyres Europe”, shifting its focus to become a ‘tire-only’ industry body. T ...