ERJ News: Rubber Industry Players of the Week

1. Cooper's third quarter sales up, earnings triple
In an almost gravity-defying performance, given the current trading environment, the tire maker managed to ramp up profits, helped by lower raw materials costs and a strong performance in US
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2. Hartalega posts 424% rise in profit as revenues soar
Making hay while the sun shines, Malaysian gloves maker leverages strong demand, lower raw materials costs and production efficiencies
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3. Apollo reports “strong rebound” in revenue, profitability 
A further sign that the tire industry is turning the corner, as Indian group returns to profit noting 'best ever volumes' posted in home market
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4. Hankook reports double-digit increase in earnings
Korean tire maker is also in recovery mode. Sales improve in the third quarter as business rebounds from Covid-19 downturn
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5. Orion rubber blacks sales down, recovery in sight 
Volumes were up 66% compared to the previous quarter reflecting "partial end market recovery" 
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6. Goodyear: Pace of decline slows though earnings drop 45%
Akron tire maker blames reduced factory utilisation rates and lower volumes for reduced earnings
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7. Enviro studying large-scale tire pyrolysis plant in UK
Joining a spate of recent pyrolysis projects in the UK, Swedish group unveils feasibility study to explore recovering oil and carbon black from domestic ELTs
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8. BKT to start making 57-inch OTR radial tire in 2021
Production of these very big tires to be based at off-highway specialist’s factory in Bhuj, northwest India
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9. US extends import duties on Chinese consumer tires
Still manning the barriers, US agency concludes that revoking duties would "likely to lead to the continuation or recurrence of dumping"
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10. How US election result will impact European automakers
Friend or foe? Trump would likely continue to attack EU exports to the US while Biden would favour international cooperation
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