News

Seoul – Nexen Tire has reported “record high” quarterly sales in the first three months of 2025, due largely to higher volumes in Europe. The South Korean tire maker posted sales of KRW771 billion ...
Milan/Stockholm – Pirelli has agreed to sell its Nordics distribution arm Daeckia AB to CTS, a Stockholm-based independent tire service company.
Berlin – The German rubber industry association (WDK) has called for the ‘immediate’ implementation of an economic overhaul in the country. Speaking at a 29 April “rubber industry day” event in Berlin ...
Dublin – Global trade wars triggered by US import tariffs threaten to undermine the high levels of profitability currently seen in the US petrochemicals industry, believes Bill Hyde, VP olefins & ...
Midland, Michigan – Dow Inc. has extended a previously announced review of its European assets as part of a move to reduce ...
The Woodlands, Texas – Kraton Corp. has announced that it intends to raise the price for its SBS, SIS, and HSBC product lines in North America.
Milan, Italy – Pirelli’s board of directors has voted to end the control of Marco Polo International (MPI), Sinochem’s investment vehicle, over the Italian tire maker. The board cited the Italian ...
Seoul – LD Carbon has inaugurated what it describes as South Korea’s “first and largest” waste tire pyrolysis plant in Dangjin, to the east of the country. Set to begin full-scale operation next month ...
London – The UK parliament is set to debate the exports of end-of-life tires (ELTs) and the waste tire sector in the country, following a BBC radio documentary exposed the environmental damages caused ...
Both contracts were awarded to AirBoss Defense Group, the defence arm of AirBoss Manufactured Products. The two new contracts highlight “the continued positive momentum in our defence business,” said ...
Over the three months to 31 March, Hexpol’s adjusted earnings (adjusted EBITA) declined 7% year-on-year to SEK873 million (€79 million), on 1% higher sales of SEK5.3 billion. Adjusted earnings margin ...
“Goodyear needs to upgrade its profitability, and they will do that by raising prices,” said Shaw. “Prices for Goodyear tires will go up by the same amount as those all tires” on the US market.