Operating profit for the division remained flat at Yen2.3 billion, Zeon reported 30 Oct. The division posted lower sales and volumes across all operations, with synthetic rubbers reporting a 6% ...
JPX noted that consumers in the physical market are currently paying premiums of 5–10 cents/kg over futures, depending on origin. This, it said, indicates processors are operating on "thin margins" at ...
Akron, Ohio – Goodyear Tire & Rubber Co. has completed the final round of its divestment plant with the sale of its ‘chemical business’ to an affiliate of private equity firm Gemspring Capital ...
Brussels – An alliance of 80 leading European industrial companies, including chemicals majors such as Ineos, BASF, Evonik, DuPont and Lanxess, has warned that current EU climate rules risk driving ...
Munich, Germany – Wacker Chemie AG’s silicones division has reported a weak third quarter with both sales and earnings lower than the previous year. During the three months to end of September, the ...
Nokia, Finland – Nokian Tyres plc has reported strong third-quarter results, driven primarily by improved pricing. Sales for the three months to end of September rose over 9% year-on-year to €344 ...
Mutares said HSR and HST are a “perfect fit” for Amaneos China, offering “value-chain synergies” through integration with the Chinese subsidiaries of its other recently acquired businesses: SMA ...
Madrid, Spain – Zhongce Rubber (ZC Rubber) has unveiled a ‘fleet service strategy’ as the Chinese group targets the fleet segment as a key driver of growth in Europe.
Nokia, Finland – Nokian Tyres launches a “next-generation” smart tire technology for agricultural machinery, featuring advanced pressure monitoring and load-sensing capabilities. The Intuitu 2.0 Smart ...
Reka Rubber’s volume and profitability continued to “develop well” in the three month to end of September, with sales up 23% year-on-year at €7.4 million, Reka Group announced 24 Oct. Earnings (EBITDA ...
In a 23 Oct statement, WDK managing director Boris Engelhardt said the “long-overdue attempt” is effectively “outsourcing its problems to the member states and economic actors” in order to enable the ...
Haikou, China – Hainan Natural Rubber Industry Group Co. and Chinese certification body Hangzhou Wantai have jointly issued what they describe as “China’s first carbon footprint standard for natural ...