In addition, the WDK president called for the ‘omnibus’ initiative to be extended to the EU Regulation on Deforestation-Free ...
Shanghai – China’s Hainan Rubber Group expects a 73% year-on-year decline in net profit for 2024, despite higher sales revenue and volumes during the year.
Wacker’s silicones operations, meanwhile, posted a 2% increase in sales compared to 2023, reporting an annual revenue of €2.8 billion. Every issue of European Rubber Journal (6 issues) including ...
Gurugram, India – Apollo Tyres Ltd has seen a 21% decline in third quarter operating profit, due mainly to an increase in the cost of raw materials. The Indian tire maker reported operating profit of ...
Seoul – Nexen Tire Corp. saw its profitability decline due to weak sales in North America, despite registering a record ...
Altdorf, Switzerland – Datwyler Group has seen a 33% year-on-year decline in annual earnings (EBIT) to CHF80.2 million (€85 million), due mainly to a rationalisation programme launched in the final ...
Akron, Ohio – Goodyear expects to cut 850 jobs at its Danville production facility as it plans to repurpose the truck & bus radial tire factory for the production of aircraft tires and mixing.
Earnings (EBITDA) for the quarter ended 31 Dec 2024, was up marginally at $147 million, compared to $146 million a year ago, Cabot reported 3 Feb. Volumes for the period grew 1% overall, reflecting a ...
Tokyo – Bridgestone Corp., materials specialist Eneos Materials and EPC engineering company JGC Holdings are accelerating their collaboration toward the commercialisation of tires made from ...
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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 ...