News

Malmo, Sweden – Hexpol AB has seen a sharp decline in its second-half results, due mainly to lower demand in North America, ...
Munich, Germany – Wacker Chemie AG has lowered its full-year outlook due to ongoing macroeconomic and geopolitical uncertainty, which it says has resulted in weak demand in many segments.
Zibo, China – Chinese silicones manufacturer Shandong Dongyue Organosilicon Materials Co. has confirmed a fire on 20 July in its “Phase III synthesis line, bed B”, which it said is part of its ...
Nokia, Finland – Nokian Tyres plc has reported a strong first half, driven by higher sales, pricing, and cost-cutting. Sales for the second quarter rose 5.8% year-on-year – 6.9% with comparable ...
As previously announced by Chinese state-owned CNPC, the SSBR unit mainly produces solution-polymerised styrene butadiene rubber, along with a small amount of low-cis polybutadiene rubber. The unit ...
Trelleborg, Sweden – Trelleborg Group has reported a slight decline in second-quarter sales and earnings, amid “continued uncertainty” driven by global geopolitical tensions and unclear future ...
The Industry France 2030 initiative is linked to Michelin plans to implement significant cuts to its workforce in France and ...
Paris – Michelin has warned about the future of its hydrogen fuel-cell joint venture Symbio as automotive major Stellantis is ...
Milan – Pirelli has launched an initiative to help tire dealers align with the company’s environmental, social and governance ...
Cleveland, Ohio – Parker Hannifin Corp. has agreed to acquire Curtis Instruments, Inc. from Rehlko for $1 billion (€850 million) in cash. The deal, which remains subject to customary closing ...
Shanghai, China – Sailun Group subsidiary Sailun (Shenyang) Tire Co. has entered a deal to acquire 100% equity in Bridgestone’s truck & bus tire manufacturing plant in Shenyang for Yuan265 million ...
Frankfurt, Germany – The German Rubber Industry Association (WDK) has again called for the introduction of a “first touch principle” in the EU Deforestation Regulation (EUDR) to avoid ...