ERJ: News stories of the week

17 Nov 2023

Most widely-read news reports posted on the European Rubber Journal website over the last seven days

Goodyear selling rubber business as part of ‘transformation plan’

Dunlop brand and off-road tires also to be divested as strategy looks to double margins by 2025

Pirelli hit by low volumes, currency effects in third quarter

Italian tire maker reports declines in sales and earnings over three months to end of September

Goodyear's long-time leader Richard Kramer to retire

US tire maker also unveils ‘transformation plan’ to optimise portfolio, expand margins

Bridgestone hit by slowing replacement demand in Europe, N America

Third quarter earnings down 9% year-on-year as tire markets reflect previously issued concerns...

Freudenberg responds to spike in demand for FFKM products

'Companies in aerospace, fluid handling, agriculture, construction industries found existing supplies…

Tokai posts 77% increase in carbon black earnings

Volumes decline year-on-year amid ‘bearish demand’ in TBR replacement market

Hexpol acquires US thermoplastic elastomers compounder

Acquisition of Star Thermoplastics 'will facilitiate Swedish group's entry to the US TPEs market...…

Sumitomo Rubber revises up earnings forecast on automotive recovery

Lower freight costs and “lull" in rising raw material, energy costs drive significant earnings increase…

Kraiburg TPE advances new high recyclate-content TPEs

Compounds with higher content of post-industry, post-consumer waste offer a range of adhesion options

Yokohama Rubber posts "record" sales, earnings at Q3 stage

Japanese tire & rubber products group raises projections for full-year earnings