29 Aug 2025
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Review of the key figures and data to emerge over the last seven days from leading players worldwide
PROJECTS
Reported over the last two weeks
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
28 Aug |
Ceat Ltd |
Off-road tire project |
Sri Lanka |
€147m |
Linked to Camso acquisition |
|
27 Aug |
Guizhou Tyre |
New tire plant |
Morocco |
n/s |
Planned project |
|
27 Aug |
Longmarch Tire |
Tire plant |
Egypt |
€163m |
Car and truck & bus tires |
|
26 Aug |
Inoue Liime, Qingdao Huaqi JV |
Rubber chemicals plant |
Qingdao, China |
n/s |
Initially 5ktpa; to Include ZnO |
|
25 Aug |
ZC Rubber |
5G tire plant |
Jintan, China |
Yuan672m |
Redirect OPO funds from Thai project |
|
22 Aug |
Cancarb |
Solar power facility |
Medicine Hat, Alberta |
N/s |
To supply carbon black plant |
|
21 Aug |
Gummiwerk Kraiburg |
Replace rubber mixing line |
n/s |
n/s |
Moderinsation project |
|
20 Aug |
Enviro |
Project update |
Uddevalla, Sweden |
n/s |
Start-up Q4-25, PAC around mid-2026 |
|
19 Aug |
Egypt govt. / Sailun Group |
New 10m unit/yr tire plsnt |
Suez Canal economic zone |
€890m |
Phase I: 3m PCR, 600k TBR a year |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6Gross profit // *See news report. **Excluding divestments
RESTRUCTURING, M&A
ContiTech is selling its Original Equipment Solutions (OESL) business to privately owned industrial holding company Regent, Continental announced 27 Aug. Automotive parts maker OESL employs over 16k people and generated sales of around €1.9bn in fiscal 2024.
Bridgestone plans to cut jobs at its off-road tire plant in Bloomington, Illinois, to align capacity with demand in the “challenging” off-road tire market. The group did not provide further details about the number of jobs to be cut. As of 2020, the factory employed around 450 people.
SKF announced the divestment of its ‘precision elastomeric device’ (PED) operations in the US to Carco PRP Group for €60m. The Elgin, Illinois-based unit generated sales of SEK260m.
Financial results reported over last two weeks
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
ElringKlinger AG** |
H1/25 |
€831.4m |
-8.7% |
€77.7m3 |
-22.7% |
|
ElringKlinger AG** |
Q2/25 |
€408.3m |
-8.2% |
€35.8m3 |
-28.0% |
|
Bando Chemical Industries Ltd |
fQ1/26 |
Yen29,092m |
-0.9% |
Yen2,018m1 |
+3.0% |
|
Fukoku Co. Ltd |
fQ1/26 |
Yen22,720m |
+2.2% |
Yen1,000m1 |
+2.1% |
|
Mitsuboshi |
fQ1/26 |
Yen22,324m |
-0.5% |
Yen2,395m1 |
+50.5% |
|
Nitta Corp. |
fQ1/26 |
Yen21,625m |
0.0% |
Yen1,095m1 |
-5.7% |
|
NOK Corp. |
fQ1/26 |
Yen171,866m |
-8.7% |
Yen7,002m1 |
+23.9% |
|
Toyoda Gosei |
fQ1/26 |
Yen260,400m |
-1.5% |
Yen18,300m1 |
+6.7% |
|
TKH Smart manufacturing |
H1/25 |
€260.9m |
-9.2% |
€45.5m* |
-19.6% |
|
Scandinavian Enviro Systems |
H1/25 |
SEK27.3m |
-76.5% |
(SEK34.6m3) |
vs SEK67.2m |
|
Scandinavian Enviro Systems |
Q2/25 |
SEK19.9m |
-66.0% |
(SEK15.0m3) |
vs SEK33.1m |
|
Toyo Tire Corp. Tires unit |
Q2/25 |
Yen260bn |
+3.6% |
Yen47bn1 |
+0.4% |
SHARE PRICES
Leading tire manufacturers’ share-price trends
|
Company |
21-22 Aug |
28-29 Aug |
Change |
|
Bridgestone |
Yen6,661 |
Yen6,702 |
+0.6% |
|
Goodyear |
$8.16 |
$8.46 |
+3.7% |
|
Hankook |
KRW40,250 |
KRW40,850 |
+1.5% |
|
Michelin |
€32.47 |
€31.28 |
-3.7% |
|
Nokian Tyres |
€8.26 |
€8.12 |
-1.7% |
|
Pirelli |
€5.91 |
€5.88 |
-0.5% |
|
Sumitomo (SRI) |
Yen1,721 |
Yen1,748 |
+1.6% |
|
ZC Rubber |
CNY47.29 |
CNY47.71 |
+0.9% |
Leading rubber product manufacturers’ share-price trends
|
Company |
21-22 Aug |
28-29 Aug |
Change |
|
Avon Technologies |
£19.62 |
£19.46 |
-0.8% |
|
Cooper-Standard |
$30.50 |
$36.09 |
+18.3% |
|
Datwyler |
CHF136.00 |
CHF135.40 |
-0.4% |
|
Hexpol |
SEK84.00 |
SEK86.15 |
+2.6% |
|
Semperit |
€13.20 |
€13.22 |
+0.2% |
|
Trelleborg |
SEK350.70 |
SEK366.10 |
+4.4% |
MATERIALS
Natural rubber
Natural rubber (NR) futures came under pressure from “weak global tire demand, persistent overcapacity and high inventory levels in China,” the Japan Exchange Group (JPX) reported. Prices closed lower across all major exchanges for the week ended 22 Aug, while trading volume was down across the board as “uncertainty and sideways markets kept participants sidelined.” Citing 'a rubber trader', JPX said the market is expected to stay in consolidation mode, though overall sentiment remains relatively stable.
JPX: Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 15/8/25 |
Week to 12/8/25 |
% Change |
|
Osaka |
RSS3 |
Jan‘26 |
319.5 (JPY) |
316.8 (JPY) |
-0.9% |
|
SHFE |
SCR/RSS |
Jan‘26 |
16,175 (CNY) |
15,625 (CNY) |
-3.4% |
|
INE |
TSR |
Jan‘26 |
12,720 (CNY) |
12,595 (CNY) |
-1.0% |
|
SICOM |
TSR20 |
Jan‘26 |
174.0 (US$c) |
172.8 (US$c) |
-0.7% |
|
SHFE |
BR |
Oct‘25 |
11,710 (CNY) |
11,700 (CNY) |
-0.1% |
(ERJ calculation for selected futures)
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