5 Sep 2025
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Review of the key figures and data to emerge over the last seven days from leading players worldwide
SHARE PRICES
Selected tire manufacturers’ share-price trends
|
Company |
28-29 Aug |
4-5 Sept |
Change |
|
Bridgestone |
Yen6,702 |
Yen6,844 |
+2.1% |
|
Goodyear |
$8.46 |
$8.37 |
-1.1% |
|
Hankook |
KRW40,850 |
KRW39,600 |
-3.1% |
|
Michelin |
€31.28 |
€30.81 |
-1.5% |
|
Nokian Tyres |
€8.12 |
€7.96 |
-2.0% |
|
Pirelli |
€5.88 |
€5.82 |
-1.0% |
|
Sumitomo (SRI) |
Yen1,748 |
Yen1,748 |
0.0% |
|
ZC Rubber |
CNY47.71 |
CNY46.08 |
-3.4% |
Selected rubber product manufacturers’ share-price trends
|
Company |
28-29 Aug |
4-5 Sept |
Change |
|
Avon Technologies |
£19.46 |
£19.14 |
-1.6% |
|
Cooper-Standard |
$36.09 |
$38.04 |
+5.4% |
|
Datwyler |
CHF135.40 |
CHF137.20 |
+1.3% |
|
Hexpol |
SEK86.15 |
SEK81.55 |
-5.3% |
|
Semperit |
€13.22 |
€12.96 |
-2.0% |
|
Trelleborg |
SEK366.10 |
SEK365.10 |
-0.3% |
BUSINESS
Recently reported financial results in the tire & rubber sector
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Sentury Tire |
H1/25 |
Yuan4.1bn CHK |
+0.2% |
Yuan667.2m* |
-37.0% |
|
Prinx Chengshan Holdings |
H1/25 |
Yuan5.7bn CHK |
+6.4% |
Yuan791m3 |
-33.8% |
|
Sri Trang Agro-Industry |
Q2/25 |
THB30bn |
+19.4% |
THB648m3 |
-69.1% |
|
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% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6Gross profit // *See news report.
MARKETS
London – Consumer replacement tire volumes in the UK fell sharply in the first half of 2025, according to data released by the British Tyre Manufacturers’ Association.
BTMA: Development of UK market in first half of 2025 (‘000 units)
|
Segment |
H1/24 |
H1/25 |
Change |
|
Consumer |
9,330 |
7,836 |
-16% |
|
Truck & Bus |
520 |
532 |
+2% |
|
Motorcycle & Scooter |
393 |
395 |
±0% |
MATERIALS
Natural rubber
Natural rubber (NR) futures were mixed in the final trading week of August with activity picking up in major Far East markets. Over the week ended 29 Aug, trading volume increased and buying interest emerged in the Chinese exchanges, reported Japan Exchange Group 1 Sept. According to JPX, sentiment was supported by concerns over raw material shortages and higher cup-lump prices following the recent rainy season. A strong rally in Chinese equities and prospects of US Fed rate cuts also buoyed trading.
JPX: Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 22/8/25 |
Week to 29/8/25 CHK |
% Change |
|
Osaka |
RSS3 |
Jan‘26 |
316.8 (JPY) |
315.5 (JPY) |
-0.4% |
|
SHFE |
SCR/RSS |
Jan‘26 |
15,625 (CNY) |
15,845 (CNY) |
+1.4% |
|
INE |
TSR |
Jan‘26 |
12,595 (CNY) |
12,780 (CNY) |
+1.5% |
|
SICOM |
TSR20 |
Jan‘26 |
172.8 (US$c) |
175.9 (US$c) |
+1.8 |
|
SHFE |
BR |
Oct‘25 |
11,700 (CNY) |
11,855 (CNY) |
+1.3% |
(ERJ calculation for selected futures)
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
3 Sept |
Sailun Group |
Upgraded to 3.3m/yr truck & bus tires, 20kt OTR tires/yr |
Shenyang, China |
Yuan1.7bn |
Develop plant acquired from Bridgestone |
|
3 Sept |
Tengzhou Eastern Steel Cord Co. |
30ktpa steel tire cord expansion project |
Tengzhou, Shandong, China |
n/a |
Ground breaking |
|
1 Sept |
Linglong, XBRI Pneus |
Plant to produce 12m PCRs, 2.4m TBRs, 200k OTR tires a year |
Ponta Grossa, Brazil |
€1bn |
Gained authority approval |
|
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 |
RESTRUCTURING, M&A
French group Michelin has completed the previously announced sale of its off-highway bias tire and rubber track production operations in Sri Lanka to Indian tire maker Ceat Ltd.
DuPont is selling its Aramids business, comprising its Kevlar and Nomex brands, to US-based materials manufacturer Arclin for $1.8bn (€1.54bn). Kevlar fibres are used as reinforcement in tires as well as automotive belts and hoses, DuPont's online profile shows.
Chemours partnered with Indian chemicals group SRF for the manufacture and supply of fluoropolymers and fluoroelastomers in India by 2026. SRF operates 13 plants in India and one each in Thailand, South Africa, and Hungary, and employs 9k people globally.
Trelleborg Sealing Solutions has finalised the acquisition of Masterseals, a Singapore–based company that specialises in sealing solutions for the energy sector and industrial applications. Masterseals generated 2024 sales of around SEK40m (€3.5m).
Sumitomo Rubber Industries (SRI) has signed an agreement to acquire US-based AI solutions startup Viaduct for US$104m (€89m). The two firms have been collaborating since 2023: combining SRI’s tire sensing technology “sensing core” with Viaduct’s AI systems.
Toyoda Gosei is to dissolve its Chinese subsidiary Toyoda Gosei Star Light (Tianjin) Auto Parts, a manufacturer of automotive weatherstrip. Production at TGSL is scheduled to end in December.
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