31 Oct 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 |
23-24 Oct |
30-31 Oct |
Change |
|
Bridgestone |
Yen6,785 |
Yen6,744 |
-0.6% |
|
Goodyear |
$7.04 |
$7.00 |
-0.6% |
|
Hankook |
KRW44,650 |
KRW46,100 |
+3.3% |
|
Michelin |
€27.43 |
€28.11 |
+2.5% |
|
Nokian Tyres |
€8.39 |
€8.76 |
+4.4% |
|
Pirelli |
€6.10 |
€6.11 |
+0.2% |
|
Sumitomo (SRI) |
Yen1,862 |
Yen1,818 |
-2.4% |
|
ZC Rubber |
CNY53.00 |
CNY53.52 |
+1.0% |
Selected rubber product manufacturers’ share-price trends
|
Company |
23-24 Oct |
30-31 Oct |
Change |
|
Avon Technologies |
£19.00 |
£18.88 |
-0.6% |
|
Cooper-Standard |
$36.52 |
$38.17 |
+4.5% |
|
Datwyler |
CHF145.80 |
CHF148.00 |
+1.5% |
|
Hexpol |
SEK81.90 |
SEK86.55 |
+5.7% |
|
Semperit |
€13.20 |
€13.00 |
-1.5% |
|
Trelleborg |
SEK374.30 |
SEK398.60 |
+6.5% |
MATERIALS
Natural rubber
NR futures ended the week higher across all major exchanges, supported by short-covering and renewed speculative buying. Sentiment improved during the trading week ended 24 Oct, on stronger Chinese economic data, reported Japan Exchange Group (JPX). September industrial production rose 6.5% year-on-year in China, while higher crude oil prices lent additional support after the US imposed sanctions on Russia’s two largest oil producers, Rosneft and Lukoil. Optimism over an easing of US-China trade tensions further buoyed market confidence.
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 17/10/25 |
Week to 24/10/25 |
% Change |
|
Osaka |
RSS3 |
Jan‘26 |
305.5 (JPY) |
308.9 (JPY) |
+1.1% |
|
SHFE |
SCR/RSS |
Jan‘26 |
14,810 (CNY) |
15,375 (CNY) |
+3.8% |
|
INE |
TSR |
Jan‘26 |
12,215 (CNY) |
12,520 (CNY) |
+2.5% |
|
SICOM |
TSR20 |
Jan‘26 |
167.9 (US$c) |
173.1 (US$c) |
+3.1% |
|
SHFE |
BR |
Dec‘25 |
10,915 (CNY) |
11,125 (CNY) |
+1.9% |
(ERJ calculation for selected futures pricing, as tracked by JPX)
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
29 Oct |
Toyo Tire Corp. |
Considering two new tire plants |
n/s |
n/s |
‘Current capacity near full utilisation… need expansion as a medium-term priority…” |
|
27 Oct |
Yokohama Rubber Co. |
Expand auto hose assembly plant |
San Francisco Industrial Park, Mexico |
n/s |
Operations expected to start in Q4/26 |
|
22 Oct |
Bridgestone, Eneos |
7.5ktpa tire pyrolysis pilot plant |
Seki City, Gifu, Japan |
n/s |
Ground-breaking, set for start-up in 2027 |
|
22 Oct |
Hetron |
Second TPEE elastomers plant |
n/s (Company is based in Jiangyin City) |
n/s |
Raise capacity from 22ktpa to 50ktpa |
|
21 Oct |
ContiTech |
New US compounding centre |
Mount Pleasant, Iowa |
$85m |
Located at hose and belt plant |
|
17 Oct |
Cenway |
70ktpa butyl rubber expansion |
Jiaxing, China |
Yuan170m |
Launches consultation |
|
16 Oct |
Luxi Chemical Group |
Proposed 100ktpa ‘deep-processing’ project for silicones |
Liaocheng, China |
n/s |
First environmental impact report notice issued 15 Sept |
|
16 Oct |
Aeolus Tyre |
Giant tire 20k units/yr expansion |
Jiaozuo City, China |
n/s |
First eng. tire roll-out at site changing capacity from 130k OTR, 1.2m truck to 261k OTR, 200k truck tires/yr |
|
10 Oct |
Yokohama Rubber
|
Car tire plant |
Hangzhou, China |
€460m |
Set for operation by Dec 2025 |
BUSINESS
Financial results reported this week
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 division posted sales of €673 million, down 7% year-on-year and 6% sequentially.
Earnings (EBITDA) fell 19% year-on-year to €86 million, primarily due to “a weaker product mix, negative currency effects and lower prices,” said Wacker 30 Oct.
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Wacker Silicones |
Q3/25 |
€673m |
-7% |
€96m3 |
-19% |
|
Nokian Tyres |
Q3/25 |
€344m |
+9% |
€33.5m1 |
+6.3% |
|
Nokian Tyres |
Q1-3/25 |
€957.3m |
+10.3% |
€40.2m1 |
+13.4% |
|
Elkem Silicones |
Q3/25 |
NOK3.6bn |
-6% |
NOK202m3 |
+23% |
|
Elkem Silicones |
Q1-3/25 |
NOK11.4bn |
+45% |
NOK696m3 |
+380% |
|
Reka Rubber |
Q3/25 |
€7.4m |
+23% |
€0.9m3 |
+80% |
|
Reka Rubber |
Q1-3/25 |
€24m |
+15% |
€2.9m3 |
+263% |
|
Trelleborg |
Q3/25 |
SEK8.5bn |
+1% |
SEK1,541m6 |
+5% |
|
Trelleborg |
Q1-3/25 |
SEK26.0bn |
+2% |
SEK4,744m6 |
+4.2% |
|
Hexpol |
Q3/25 |
SEK4.7bn |
-6% |
SEK688m2 |
-14% |
|
Hexpol |
Q1-3/25 |
SEK15bn |
-4% |
SEK2.6bn2 |
+6.6% |
|
Michelin |
Q3/25 |
€6,517m |
-2.6% |
n/s |
n/s |
|
Michelin |
Q1-3/25 |
€19.3bn |
-4.4% |
n/s |
n/s |
|
Ceat Ltd |
fQ2 (to 30/9/25) |
INR37.7bm |
+14.2% |
INR5.1bn3 |
+39% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
M&A and Restructuring
Mutares has entered final negotiations with Korea’s Hwaseung Corp. to acquire control of two automotive rubber parts makers in China: Hwaseung Special Rubber (Taicang) Co. Ltd and Hwaseung Auto Parts (Taicang) Co. Ltd.
Markets & business
In a 27 Oct statement, Pirelli said in the UK it halted production at its Burton-on-Trent plant for six days from 24-29 Oct, and at its Carlisle plant from 26-31 Oct.
Perpetuus Advanced Materials Ltd has signed a joint venture agreement with India’s Asiatic Rubber to advance the production of its graphene-enhanced natural rubber masterbatch.
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