8 Jan 2026
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 |
18-19 Dec |
8-9 Jan |
Change |
|
Bridgestone Corp. (revised reference) |
Yen3,581 |
Yen3,459 |
-3.4% |
|
Goodyear |
US$9.04 |
US$9.09 |
+0.6% |
|
Hankook |
KRW59,000 |
KRW56,200 |
-4.8% |
|
Michelin |
€28.25 |
€29.29 |
+3.7% |
|
Nokian Tyres |
€9.15 |
€10.19 |
+11.4% |
|
Pirelli |
€5.88 |
€6.07 |
+3.2% |
|
Sumitomo Rubber (SRI) |
Yen2,420 |
Yen2,466 |
+1.9% |
|
Yokohama Rubber (YRC) |
Yen6,262 |
Yen6,109 |
-2.4% |
|
ZC Rubber |
CNY58.12 |
CNY55.56 |
-4.4% |
Selected rubber product manufacturers’ share-price trends
|
Company |
18-19 Dec |
8-9 Jan |
Change |
|
Avon Technologies |
£17.50 |
£18.52 |
+5.8% |
|
Cooper-Standard |
$35.02 |
$34.27 |
-2.1% |
|
Datwyler |
CHF153.80 |
CHF164.40 |
+6.9% |
|
Hexpol |
SEK86.00 |
SEK86.85 |
+1.0% |
|
Sanok Rubber |
PLN20.10 |
PLN22.80 |
+13.4% |
|
Semperit |
€12.64 |
€13.74 |
+8.7% |
|
Trelleborg |
SEK383.70 |
SEK385.30 |
+0.4% |
MATERIALS
Natural rubber
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 26/12/25 |
Week to 02/01/29 |
% Change |
|
Osaka |
RSS3 |
May‘26 |
340.9 (JPY) |
342.2 (JPY) |
+0.4% |
|
SHFE |
SCR/RSS |
May‘26 |
15,835 (CNY) |
15,765 (CNY) |
-0.4% |
|
INE |
TSR |
May‘26 |
12,815 (CNY) |
12,710 (CNY) |
-0.8% |
|
SICOM |
TSR20 |
May‘26 |
180.6 (US$c) |
181.2 (US$c) |
+0.3% |
|
SHFE |
BR |
Mar‘25 |
11,525 (CNY) |
11,580 (CNY) |
+0.5% |
(ERJ calculation for selected futures pricing, as tracked by JPX)
Financial results reported over recent weeks
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Michelin Group |
FY25 forecast |
n/s |
n/s |
€2.6-3.0bn1 vs previous forecast of €3.4bn |
|
|
International CSRC Corp. (incl carbon black) |
Q1-3/25 |
NT$12,024m (€329m) |
-10% |
n/s |
n/a |
|
Sanok Rubber |
Q3 |
PLN366m |
-2.4% |
PLN19.8m |
-6.2% |
|
Sanok Rubber |
Q1-3 |
PLN1,112m |
+0% |
PLN50.5m |
-11.6% |
|
NOK Corp. |
fH1/26 |
Yen359.3 bn |
-8.7% |
Yen15.7bn1 |
-17.7% |
|
Triangle Tire |
Q3/25 |
Yuan2.53bn (€307m) |
n/s |
n/s |
n/a |
|
Asahi Rubber |
fH1/26 |
Yen3.9bn (€22m) |
+5.2% |
Yen122m1 |
Vs loss of Yen48.9m |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
8 Jan |
UPM |
Biorefinery: Ramp-up of 220ktpa unit |
Leuna, Germany |
€1.2bn |
First commercial product |
|
7 Jan |
Haian Group |
OTR tire plant |
Russia |
RMB4.32bn (€530m) |
105k units/yr unit to be built by 2029 |
|
6 Jan |
Guizhou Tire |
Build 2nd overseas tire plant |
Morocco |
€255m |
6m units/yr PCR plant to be build in two years |
|
6 Jan |
Algeria’s AAPI agency |
New tire plant |
Tamacine, Algeria |
€180m |
5m units/yr car and truck tire plant |
|
6 Jan |
Kumho Mitsui Chemicals |
100ktpa MDI expansion |
Yeosu, South Korea |
n/s |
PU feedstock output to reach 710ktpa |
|
5 Jan |
Kumho Tire |
New tire plant |
Hampyeong, South Korea |
€390m |
5.3m units/yr plant to start up in 2028 |
BUSINESS
Markets
By November 2025 year-to-date (YTD), new EU car registrations, a year-on-year increase of 1.4%, ACEA reported. The battery-electric car market share reached 16.9%, from 13.4% a year ago. Hybrid-electric car registrations captured 34.6% of the market. Meanwhile, the combined market share of petrol and diesel cars fell to 36.1%, down from 45.8% over the same period in 2024. Over the first 11 months of 2025, new EU hybrid-electric car registrations reached 3,408,907 units, led by growth: Spain (+26%), France (+24.2%), Germany (+8.7%), and Italy (+7.9%).
Trade
China has extended anti-dumping duties on the imports of EPDM from the US, EU and South Korea for another five years, according to a recent announcement by commerce ministry Mofcom. The duties, ranging from 12.5% to 222%, were initially imposed on EPDM imports in December ERJ report 2020. ERJ report
M&A, consolidation
Cooper-Standard plans to close its automotive parts plant in New Lexington, Ohio, impacting 228 employees. Job cuts are due to start in February with full closure slated for July 2027.
Michelin is to acquire US-based Cooley Group and Tex Tech Industries to reinforce its Polymer Composite Solutions (PCS) business. The additions are expected to increase revenue in the PCS portfolio by around 20%, equivalent to €240m.
Munich-based holding company Mutares has completed a previously announced deal to acquire control of two automotive rubber parts makers in China – Hwaseung Special Rubber (Taicang) and Hwaseung Auto Parts (Taicang) – from Korea’s Hwaseung Corp.
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