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Milan, Italy – The Italian government has launched a procedure against China National Tire & Rubber Corp. (CNRC), part of the larger Chinese state-owned group Sinochem, for possible breach of ...

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has joined a research project to develop a new biomass business model to make use of discarded rubber tree seeds.

Seoul – Kumho Tire has again signalled plans to build a new 'global' tire manufacturing facility, while reporting a strong third-quarter business performance. In its financial report, issued 29 Oct, ...

Clermont-Ferrand, France - Michelin Group is to axe two production facilities in France, due to the ‘profound transformation’ of passenger-car and truck tire markets in Europe over the past decade.

While "drinking-water seals must be certified, the European Drinking Water Regulation does not specify any suitable test bases,” explained WDK chief chemist Volker Krings. A revision of the new ...

Tokyo - Automotive components supplier Toyoda Gosei (TG) has reported improvements in both sales and earnings at its European operation during the second quarter of its fiscal year. Group-wide, ...

Munich, Germany – Wacker’s silicones division has reported a doubling of earnings (EBITDA) in the third quarter, helped by a significant increase in volumes. For the three months to 30 Sept, the ...

According to CGT, all three Michelin sites have seen significant cost-saving measures since 2019, with employee numbers cut by: 112, or 28% at Vannes; 368, or 28% at Cholet; and 85, or 35% at Joué-lès ...

The trading week ended 1 Nov closed lower across all markets, driven by “continued long liquidation and profit-taking that pushed prices to their lowest levels in four weeks,” JPX reported 4 Nov.

Akron, Ohio – Goodyear has raised its savings target from an ongoing transformation plan to $1.5 billion (€1.37 billion), up 50% compared to the original $1 billion announced late last year.

Stockholm – Hexpol AB has reported a 14.0% decline in third quarter earnings (EBIT) to SEK800 million (€70.0 million) on ...