News

For the first half of the year, demand fell to 5.57 million unit, down 1.9% compared to the same period last year, ACEA reported 24 July. The strong 7.3% decline for June was “indicative of the ...
Shanghai, China – Aeolus Tire is planning to raise up to Yuan 1.1 billion (€130 million) in an A-share issuance to specific investors to fund its ongoing giant off-the-road (OTR) tire project, the ...
The RUB41.5 billion (€450 million) facility will be located in the ‘Avangard’ special economic zone, as reported during a 9 July meeting between deputy economic development minister Svyatoslav Sorokin ...
London – In its latest monthly digest, the Rubber Trade Association of Europe (RTAE) described June 2025 as a “quiet month” for natural rubber trading. Prices for TSR 20 grade drifted lower, from ...
Malmo, Sweden – Hexpol AB has seen a sharp decline in its second-half results, due mainly to lower demand in North America, ...
Paris – French biotech company Carbios has signed a multi-year agreement to supply enzymatically recycled PET (rPET) monomers to Indorama Ventures to produce polyester for use in Michelin’s tire ...
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 ...
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 ...
Tokyo – Natural rubber futures have remained firm, driven by a mix of fresh speculative buying and short covering, according to Japan Exchange Group (JPX). Prices strengthened over the week ended 18 ...
The Industry France 2030 initiative is linked to Michelin plans to implement significant cuts to its workforce in France and ...
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 ...