ERJ Business Briefing - 2025

Ineos has announced a £150m (€170m) investment at its Grangemouth site in Scotland to upgrade key production units, improve energy efficiency, reduce emissions, and enhance the site’s competitiveness. The move will help maintain the site and more than 500 highly skilled direct jobs, as well as the supply of essential raw materials for applications such as packaging, housing insulation, and automotive parts, hospital equipment and medicines.

Parker Hannifin is to acquire Filtration Group for $9.25bn (€7.8bn), representing 19.6x Filtration Group’s estimated adjusted earnings in 2025. Around 85% of Filtration's sales are generated in the aftermarket.

China’s Jilin Petrochemical has upgraded output from its 200ktpa butadiene plant from industrial grade to polymer-grade material following process optimisation and quality improvements, parent CNPC said 26 Nov. The higher-quality butadiene will support downstream production of styrene-butadiene rubber and ABS resin, reducing raw material consumption and saving nearly €121m/yr.

Bureau of International Recycling (BIR) has warned that elements of the EU’s newly published Economic Security Doctrine and RESourceEU Action Plan could undermine market competitiveness and disrupt global recycling trade. BIR raised concerns over proposed export restrictions on scrap, as well as expanded product and labelling requirements.

Prinx Chengshan aims to leverage Malaysia’s geographic position and investment environment for further growth alongside its manufacturing bases in China and Thailand: establishing a “new bridge” for Sino-Malaysian industrial collaboration. Prinx Chengshan is currently building a €225m tire plant with nameplate capacity of 6.6m units/yr in Malaysia.

Sabic CEO Abdulrahman Al-Fageeh called for intensified regional and global strategic partnerships in the petrochemical industry. Collaboration across borders, industries and public-private sectors was essential as the industry faces rising complexity and global uncertainty, he said.

Dutch-based machinery major VMI this year marked its 80th anniversary with events at its global locations in Yantai (China), Stow (US), Itatiaia (Brazil), Leszno (Poland) and Vadodara (India) – and a ‘family day’ at its Epe HQ attended by over 3000 people. “VMI is a global business, but we are also truly local in every country where we operate. We pride ourselves on being professional, rigorous and always working to the highest standards,” CEO Harm Voortman said 15 Dec.

Pyrum Innovations has raised around €13m through a 'capital increase with subscription rights'. Most shares were taken up by existing shareholders, with the remainder placed with qualified investors in Europe, said Pyrum 14 Dec. The proceeds will be used to fund partner projects, modernise the Dillingen/Saar ELT pyrolysis site in Germany, support JVs for new plants and strengthen the company’s equity base.

Italian machinery maker Rodolfo Comerio has been recognised among the '100 Italian excellences', for its design and manufacture of calendering lines. The award, granted under the patronage of multiple Italian ministries, highlights the company’s engineering capabilities and industrial heritage, said a company release. Separately, Rodolfo Comerio said it was named “best supplier of calendering lines” by Linglong Tire.

PetroChina recently announced that in the first three quarters of the year it had processed 1.04bn barrels of crude oil, representing a year-on-year increase of 0.4%. Production of chemical commodities reached 29.59m tons: increasing by 3.3% year on year,  including output growth of 14.0% for synthetic fibre materials and polymers, and 10.1% for synthetic rubber, said the 30 Oct update. Over the first three quarters, the refining, chemicals and new materials business recorded an operating profit of RMB16.24bn, which included RMB14.45 bn from the  refining business and RMB 1.79bn from the chemicals business, PetroChina added.

Nordborg, Denmark-based Danfoss Power Solutions on 11 Nov announced that it had finalised its acquisition of hose fittings manufacturer Hydro Holding SpA, having received all necessary approvals. With Hydro on board, Danfoss said it gains a competitive, local fittings production base in Italy and the Czech Republic, as well as 350 highly experienced employees. The Castello d’Argile, Italy-based manufacturer’s fittings, adapters, and hose assemblies will “complement and expand the Danfoss portfolio of hoses and fittings, providing customers of both companies with a broader range of options.”

Top Glove Corp. was recently upgraded from an ‘A’ to an ‘AA’ rating in the Morgan Stanley Capital International (MSCI) ESG ratings review. The upgrade, on 27 Oct, positioned the Malaysian gloves maker within the top 22% of 64 companies in the health care equipment & supplies industry under the MSCI All Country World Index. The company added that it was also placed in the top tier for ‘human capital development’. The group’s overall ESG score improved from 6.3 last year to 8.2 out of 10 this year due, it said, to “advances in worker welfare, strengthened human rights practices, as well as diligent oversight of migrant employee wellbeing.”

Ansell Ltd said 12 Nov that it had suspended its relationship with Mediceram, a Malaysian supplier of ceramic formers due to issues with foreign workers. This, it stated, follows “repeated strike actions over issues including the renewal of work visas, which remain pending with Malaysian immigration and labour authorities." Mediceram had previously entered into a 'remediation agreement', with over $1m in recruitment fees reimbursed to workers, supported by "favourable trading terms" provided by Ansell. However, on 31 Oct Mediceram had allegedly terminated employment of 177 foreign workers over their refusal to work – prompting Ansell to suspend the relationship while seeking to resolve matters.

XRG PJSC (formerly Adnoc International) has completed its acquisition of Covestro (ERJ report), completing a €1.17-billion capital increase that will support the German supplier's “sustainable future” strategy. The closing activates all underlying agreements and prior regulatory clearances, with Covestro CEO Markus Steilemann saying the deal positions Covestro and XRG to drive the company’s transformation and long-term value creation.

Klinger Poland has acquired Wroclaw-based ARA Pneumatik, a supplier of actuated valves, pneumatics, electromechanics and vacuum technology. Post-acquisition, Klinger will integrate ARA's employees and product portfolio to strengthen its industrial solutions offering. The deal expands Klinger's presence in sectors including automotive, chemicals, marine, valve manufacturing and petrochemicals.

Asahi Kasei is to discontinue production of hexamethylene diamine (HMD) as part of a structural reform programme aimed at improving capital efficiency and strengthening long-term profitability. The decision follows an assessment of market conditions, competitiveness and future investment needs, with the phase-out to be completed by April 2027. HMD and its by-product propionitrile are used in materials including PA66, hexamethylene diisocyanate and resin hardeners.

At a five-day event in London, Linglong Tire recognised its "world's most successful dealers," the Chinese tire maker announced 4 Dec. Suppliers from Australia, El Salvador, Egypt, Finland, Italy, Poland, Turkey and Uzbekistan were invited. Tire brands covered included: Linglong; Atlas Tires, which is marketed in Australia; and Benchmark, which is sold in Turkey. The event finished with a VIP visit to a Premier League at Chelsea FC, for which Linglong is global tire partner.

Mitsui Chemicals has "yet to decide on" when it will actually start up its new Tafmer elastomer plant in Singapore (Related ERJ report). The facility is in trial operation, with commercial operations due to begin in fiscal H2. "Even after start-up, we do not expect an immediate ramp up to full capacity," added Osamu Yoshida, managing executive officer & CFO. He noted a "challenging supply-demand balance" amid efforts to expand sales of Tafmer into new application areas.  More to follow...

"E-mobility is booming and we are right in the middle of it," rubber moulding machinery major Desma said in a recent release. By 2030, Germany will need around 440k charging stations – currently there are only about 33k, the company describing that as a "tremendous challenge for industry and infrastructure." Concluded Desma, its expertise in injection moulding machines, moulds and automation for cable assemblies and HV connectors is part of "the right solution" for a safe, efficient, and sustainable charging infrastructure. 

Ammega announced 1 Dec that that Ammeraal Conveyor Belting (ACB), an Australian manufacturer of synthetic conveyor belts has officially joined the group. Established in 1980, ACB has a strong position in the biscuit and bread bakeries, confectionery, food processing, brick & tile, timber, and metal industry segments. With its market knowledge, fabrication capability, and service, "we are enhancing our presence in Australia and New Zealand," said Ammega.

Carbios on 2 Dec announced a 30/70 JV with Wankai New Materials, part of Zhink Group – China’s third largest PET producer and fourth worldwide – to construct a €115m, 50ktpa PET bio-recycling plant in Haining, China. This the first step in a strategic partnership to deploy the Clermont-Ferrand, France-based Carbios’ bio-recycling technology in Asia. Construction is to start in Q1/26, with commissioning slated for Q1/27.

Trelleborg Marine and Infrastructure has opened a new manufacturing facility in Ho Chi Minh city to meet the rising demand for its products worldwide. Production capabilities a the Vietnam site encompass docking and mooring systems, navigation and piloting solutions, rubber processing, steel fabrication, sealing systems and polymer solutions for marine construction projects.

On 20 Nov, Ineos announced a €250m investment programme to modernise its cracker at Lavera, France. Backed by the French government, the project marks phase I of a plan to strengthen the long-term competitiveness and sustainability of the site, which employs around 2,000 people and supports more than 10k jobs throughout its supply chain.

Rubber mixing machinery maker G3 Mixing Technologies is set to open its new US headquarters in Akron, Ohio. The location reflects G3’s strategy to be closer to its clients, including Goodyear, and support them with “state-of-the-art technologies and local services,” said the company. Read more

Arlanxeo is to expand production capacity at its synthetic rubber facility in Triunfo, Brazil. The polybutadiene unit involved previously underwent a 65ktpa expansion, said the 14 Nov announcement.  More to follow…

The International Institute of Synthetic Rubber Producers (IISRP) has announced that its next annual general meeting will be held from 13–15 April 2026 in Houston, Texas. Attendees requiring a visa to enter the US may request a letter of invitation through the AGM 2026 | IISRP website. Further preliminary information is available via the AGM event link, with more updates are on the way…

BASF said 5 Nov that it had commenced production of the first products at its newly constructed Zhanjiang site in south China. Facilities include a steam cracker with a capacity of 1m tonnes/yr of ethylene and several downstream plants to produce petrochemicals, intermediates and other products. Total capex on the project is expected to be around €8.7bn – the group’s largest single investment. 

Titan International Inc. has completed a strategic partnership with Brazilian wheel maker Rodaros Industria de Rodas Ltda, following regulatory approval, the company said 28 Oct. The partnership includes an initial $4m investment for a 20% stake, with commitments to acquire the remaining 80% in 2029. Rodaros is claimed to be the second-largest agricultural wheel manufacturer in Brazil.  Read more

Nexen Tire has opened its first brand shops in Bahrain and Kuwait, expanding its retail footprint in the Middle East. The new shops marks “a significant milestone” in the Korean tire maker’s push to expand its retail presence in emerging markets, including the Middle East, South America, and southeast Asia.  Read more 

Asahi Kasei on 23 Oct announced official approval of new facilities at its Kawasaki Works to manufacture cell frames and membranes for alkaline water and chlor-alkali electrolysis systems – largely to meet expected growth in demand for ‘clean hydrogen’. Asahi expects H2-related operations to become a growing part of its Material sector over the coming years. In May, Asahi Kasei announced the discontinuation of its MMA, CHMA, PMMA resin, and SB latex businesses at the Kawasaki Works.

Behn Meyer has reported on a seminar organised by its rubber team in Vietnam in collaboration with Zeon Chemicals. The 30 Sept event brought together technical engineers, R&D specialists, materials experts and product developers, as well as representatives from Ho Chi Minh City Rubber Association. A key focus was on the role of Zeon’s advanced elastomer materials, including ACM, ECO, HNBR and NBR/PVC blends in automotive and industrial applications.

Cray Valley, part of a TotalEnergies, on 19 Oct announced that its Grand Junction, Colorado plant had reached six years without a recordable injury. Additionally, its Kralupy plant in the Czech Republic had not experienced a recordable injury in three years. “This achievement is the result of our continuous efforts to improve our safety procedures,” said Eva Hrabovska, HSE global coordinator.

Synthomer has reported continued weakness in the medical gloves market during the third quarter, with volumes in its ‘health & protection’ division “remaining subdued.” The company said customers were “increasingly confident” about improved competitiveness in the US medical glove market following recent tariff changes, but overall demand has yet to recover.

Hutchinson has completed a 10,000 sq.m. photovoltaic carport at its plant in Lodz, Poland. The installation, which came online in August, consists of 2,105 solar panels with a total capacity of 0.99 MWp. The system can generate 1,000 MWh of electricity annually and prevent 450 tonnes of CO2 emissions each year.

Austrian silicone injection moulding specialist Rico has been named a finalist for the “toolmaker of the year” award presented by RWTH Aachen University. Toolmaking is central to Rico’s operations, enabling automated production of precision silicone parts.

Elkem has temporarily reduced ferrosilicon production at its plants in Rana, Norway, and Iceland due to weak European market conditions. The company cited rising inventories, lower prices, and uncertainty following the EU’s investigation into possible safeguard measures on ferroalloy imports.

Trelleborg posted a 5% year-on-year increase in earnings (EBITA excluding items affecting comparability) to SEK1,541m (€142m) on Q3 net sales 1% higher at SEK8,532m. Organic sales lifted 4%. Structural changes increased sales by 3%, while forex reduced sales by 6%. Q3 was "marked by strong operational performance, with all three business areas reporting year-on-year organic growth and improved profitability.” Despite continuing market uncertainty, “our assessment is that demand in [Q4] will be on a par with [Q3],” added Peter Nilsson, president and CEO.  Read more 

In Poland, Sanok Rubber Co. received the national ‘2025 joinery market leader’ certificate, which recognises companies achieving the highest annual revenues or year-on-year growth. This distinction, said Sanok, confirms its “long-standing position as a leader in the seal segment and the trust placed in us by our partners and clients. For us, it is a confirmation of stable development, high product quality, and long-term cooperation with clients and partners.”

Denka Co has announced an investment in NAiEEL Technology, a Daejeon-, Korea-based startup developing and manufacturing boron nitride nanotubes (BNNTs). BNNTs are tubular nanomaterials with a hexagonal lattice structure, combining high mechanical strength, thermal conductivity and chemical stability. Denka said it will be focusing on developing thermal conductivity fillers to meet the rapidly growing demand for high thermal conductivity in AI servers, semiconductor power modules, and other applications.

Cordiant Holding has launched a new line of spark plugs to be sold under its own brand in Russia. The products are manufactured at the Engels Svechi Ignition plant, which previously produced Bosch-branded spark plugs before the German company’s exit in 2023. Cordiant said the rebranding will strengthen its market position. The holding operates five tire factories and additional component plants across Russia, including facilities in Dzerzhinsk and Kaluga.

Kumho Tire said its Gokseong plant in Korea has received ISCC+ certification for the use of sustainable and traceable raw materials. The company aims to increase the use of renewable and recycled materials to 40% by 2030 and 100% by 2045. It has so far developed a prototype tire made with 80% sustainable materials, including recycled carbon black and waste-derived synthetic rubber.

US infrastructure investment firm I Squared Capital is to acquire Liberty Tire Recycling from Energy Capital Partners – owner since 2021. With 3,500 employees and over 50 facilities, Liberty is the “leading coast-to-coast tire recycling platform in North America,” I Squared said 14 Oct. The recycler processes over 215m/yr scrap tires into reusable materials for industrial, commercial, and consumer markets, it added. I Squared plans to “invest in automation and technology to enhance efficiency and environmental performance and pursue strategic acquisitions that expand [Liberty's] footprint and product offerings.”  Terms of the deal were not disclosed.

K2025 organisers reported that the global plastics & rubber trade fair event, 8-15 Oct in Düsseldorf, Germany attracted 3,275 exhibitors from 66 nations and over 175,000 trade visitors from around 160 countries. Around 73% of visitors came from abroad, with particularly strong representations from China (6,300 visitors) and India (6,400 visitors). The previous K event in 2022 was attended by 3,020 exhibitors from 59 nations and 177, 486 visitors from 167 countries, with a total of 71% of trade visitors from abroad.

Huntsman has expanded a 16-year-old distribution agreement with Wobatek Kunststoffvertriebs for its thermoplastic polyurethane elastomers used in for speciality elastomer and footwear applications. Wobatek will now distribute the materials maker’s Avalon, Irogran and Irostic TPU products in Austria and Poland, as well as southern Germany, Czech Republic and Switzerland. Founded in 2000, Sinzheim, Germany-based Wobatek is a family-run business with strong regional connections, said Huntsman.

Sanok Rubber Company SA will participate in the international Agritechnica 2025 trade fair, taking place from 9-15 Nov in Hanover, Germany. The Polish company will present "a wide range of V-belts for agricultural machinery, designed with reliability, durability, and efficiency in mind for everyday work."

On 9 Oct, ElringKlinger invited long-serving employees to its plant 2 in Dettingen/Erms to mark their company anniversary. As part of the celebration, the 53 'jubilarians' reviewed the 25 and 40 years of their service to the company. By honouring a total of 1,385 years of loyalty, the company said it “underlines its appreciation for the solidarity and commitment of its employees.”

Mitsui Chemicals has acquired all shares of Nippon Aluminum Alkyls from Ketjen Netherlands Holdings, making the producer of alkyl aluminum compounds a wholly owned subsidiary. Established in 1968, NAA manufactures organometallic compounds used in catalysts for polyolefins, pharmaceuticals, and electronic materials. Mitsui said the move aligns with its Vision 2030 strategy to strengthen its global speciality chemicals and green business portfolio.

Lotte Versalis Elastomers has obtained ISCC+ certification for all its products, including EPDM, LCBR, and SSBR — making its EPDM the first in Korea to receive the international sustainability label. The company said the certification supports its transition to mass balance-certified materials and low-carbon production. LVE also earned a 2025 EcoVadis Gold medal and has implemented life-cycle assessment across its portfolio as part of its ESG initiatives.

JLR has announced that some sections of its manufacturing operations will resume in the coming days as part of a controlled, phased restart after recent disruption caused by a cyber attack incident reported 2 Sept. The company is working with cybersecurity specialists, the UK’s National Cyber Security Centre and law enforcement to ensure a safe recovery, and thanked employees, retailers and suppliers for their “patience, understanding and support.”

Enviro CEO Fredrik Emilson has sold 4,733,400 shares in the company, equal to the value of units he acquired under a guarantee commitment linked to a rights issue earlier this year. After the divestment, Emilson retains 4.5 million shares and 2,223,263 warrants, and remains among Enviro’s larger shareholders. He said the move brings his private financial commitment to a “more reasonably balanced” level while maintaining significant exposure to the company.

Arlanxeo has received ISCC+ certification for its chloroprene rubber plant in Dormagen, Germany, the sixth of its sites to achieve the standard. The certification enables the company to incorporate sustainable feedstocks into Baypren production using the mass balance approach. The Baypren line includes sulphur grade 616, which eliminates the hazard exposure to nitrosamine and its precursors such as thiurams and carbamates, and is not subject to EU REACH ingredient reclassification. Arlanxeo, owned by Saudi Aramco, produces high-performance rubbers across more than 10 plants worldwide.

Yokohama Rubber Co. will showcase its expanded lineup of marine fenders, including pneumatic, V-type, cell-type and cone-type solid products, at the World Ports Conference 2025 in Kobe, Japan on 7–9 Oct. YRC will also present durability test videos and examples of installations in Japan and abroad, highlighting fenders’ role in protecting vessels and port infrastructure

Toyoda Gosei has invested in Okinawa-based EF Polymer, a startup developing “super-absorbent polymers” made from orange and banana peels. The material, created from inedible agricultural waste, improves soil water retention and reduces irrigation needs, with applications spanning agriculture, cosmetics, cold packs and water-absorbing sheets.

Taiyo Oil and Mitsui Chemicals have begun a joint study to expand the supply of chemically recycled and bio-based products, building on their ISCC+ certifications and earlier use of bio-based hydrocarbons and pyrolysis oil. Under the plan, Taiyo’s Shikoku Operations would handle heavy fractions of pyrolysis oil from waste plastic and other wastes, supplying chemically recycled naphtha, propylene and other products to Mitsui via the mass balance approach. The partners also aim to broaden the types of waste plastics and feedstocks used.

Operations at JLR remain down following the cyber attack incident reported 2 Sept. In a 16 Sept update, the UK car maker said it has extended the current pause in our production until 24 Sept, stating: "We have taken this decision as our forensic investigation of the cyber incident continues, and as we consider the different stages of the controlled restart of our global operations, which will take time."

Ineos Inovyn said 16 Sept that is had mothballed its chloromethane production facility in Tavaux, France in response to “persistently weak market demand, regulatory challenges and increased operational and energy costs.” To mitigate the impact on customers, it will ‘optimise’ chloromethane production at its Rosignano, Italy site. “Our industry continues to face difficult market dynamics and challenging energy costs, with European gas prices around three times higher than the US,” said business director Arnaud Valenduc.

A groundbreaking ceremony for Sailun Group’s new tire plant in Egypt was held 10 Sept in the Suez Canal Economic Zone. The $291m, 3.6m tires/yr plant is expected to generate annual sales of around $190m, nearly 1,000 jobs, and $500m in supporting upstream and downstream industries.

Kolon Industries has signed an MoU with the Korean army logistics command to pilot recycling of unusable military textiles and materials using PET chemical recycling (cr-PET) technology. The project will test circular economy models for public-sector waste and aims to expand resource recycling from private to public sectors.

Sumitomo Riko has launched a new chemical products factory at Komaki Plant – SG building. Incorporating solar power, daylight utilisation, and energy-efficient air-conditioning, the facility was constructed as part of a comprehensive renewal project for the Komaki Plan. Read more

JLR announced 2 Sept that it had been impacted by a cyber incident and respomded by "proactively shutting down our systems." The vehicle maker was "now working at pace to restart our global applications in a controlled manner." While there was no evidence of customer data being stolen JLR said its "retail and production activities have been severely disrupted."

On 1 Sept, Asahi Kasei, Mitsui Chemicals and Mitsubishi Chemical announced a limited liability partnership to establish two jointly-owned ethylene manufacturing facilities in western Japan by 2030. The LLP aims to enhance carbon neutrality of ethylene manufacturing facilities by shifting to biomass-based feedstocks and low-carbon fuels in place of petroleum resources, as well as by optimising the production framework – including potential capacity reductions.

On 14 Aug, Sinochem and Dongfeng Motor Group signed a strategic cooperation agreement towards establishing a “modern industrial system.” They committed to “jointly injecting strong momentum into the integration, upgrading and high-quality development of [China’s] new chemical materials industry and the automotive industry. Among the relevant functional departments of Sinochem cited were: ‘Sinochem Energy, Chemical Division, Blue Star Co., Haohua Co., Sinochem Equipment, Rubber Co.’

Daikin Industries on 5 Aug included brief note on the performance of its fluoropolymers business within a 5 Aug announcement of Q1 results for the fiscal Year to 31 March 2026: “In the fluoropolymers business, sales of coating materials for LAN cables and data centre cables expanded, but sales for semiconductor manufacturing equipment were affected by a decline in demand. Sales in the fluoroelastomers business declined due to distribution inventory adjustments in the automotive sector.”

Kuraray's Isoprene segment reported H1/25 sales up 6.4% year-on-year to Yen39,944m (€233m) and a segment loss of Yen1,311m versus minus Yen4,025 million recorded in H1/24. The result reflected a 'stabilisation of operations at the Thai base, which was contributed to a sales expansion.' At the ‘isoprene chemicals and elastomer’ sub-segment “volumes increased and sales mix improved as demand remained firm, especially in Europe and the US.”  Read more

Toyoda Gosei Co. Ltd (TG) has “resolved to acquire” common shares and share acquisition rights of Ashimori Industry Co. Ltd, with the aim of making it a wholly owned subsidiary, towards accelerate growth of its automotive safety systems business. Under its 2030 business plan, TG is targeting the potential of polymers to “contribute to a future of better mobility and living… in the form of peace-of-mind and safety, comfort, and decarbonisation.”  Read more

Kraton Corp. on 21 Aug announced the execution of agreements with ‘sustainable packaging solutions’ provider International Paper (IP) to maintain uninterrupted site services at Kraton’s Savannah, Georgia facility. IP is to help ensure “supply reliability, operational continuity” via uninterrupted production and delivery of critical pine chemical products. This will support Kraton’s efforts to "sustain" operations while it invests in future infrastructure at the US facility.

Celanese Corp. entered a new credit agreement 11 Aug, which includes a new $1.75bn senior unsecured revolving credit facility: replacing a previous revolving credit facility of the same size which was set to mature in March 2027. The new credit facility matures in August 2030. “We are pleased to have the support of our bank partners to extend the company’s liquidity into 2030 on an unsecured basis,” said Chuck Kyrish, senior VP and CFO.  

Nynas AB reported naphthenic speciality products volumes up 4% year-on-year in Q2/25, while bitumen volumes rose 9% as the supplier regained share in the Nordic market. Adjusted earnings grew by SEK28m (€2.5m) or 7% versus Q2/24. Net debt was reduced after a $380m senior secured bond issue in June and the signing of a two-year accounts receivable facility with Goldman Sachs.

Linglong Tire has voiced support for the new assurance system introduced by the Global Platform for Sustainable Natural Rubber (GPSNR), saying it will promote supply chain transparency and responsible sourcing. The Chinese tire maker said the initiative marks “a step forward” in the green transformation of the natural rubber industry. “Sustainable development is our core strategy,” Linglong stated, adding that its global operations are already aligned with GPSNR standards.

Following its staging in Shenzhen this April, Chinaplas will next be held at the National Exhibition and Convention Center, Hongqiao, Shanghai, PR China from 21-24 April 2026. The plastics & rubber expo is expected to attract 4,600+ exhibitors from around the world, showcasing new technologies and innovative solutions in exhibition halls of over 390,000 m2. The event is held alternatively between Shanghai (even years) and Shenzhen (odd years).

Linglong Germany has moved to a new offices in Hanover. Covering around 500 m2, the location offers space for 35 employees from the areas of R&D, logistics, HR, after-sales as well as marketing and sales. A 300 m2 workshop can store about 600 tires and has advanced equipment for measuring and analysing tire data as well as facilities for preparing the test vehicles. "Coordination of test tracks in Spain (IDIADA) and in Ivalo in Finland (UTAC) will be controlled from the new office by the European development team,” added Linglong.

Salzgitter AG has announced the sale of shoe-machinery maker Desma Schuhmaschinen GmbH to German-French industrial group NAME & MAWI Partners SAS. With 220 employees, Achim, Germany-based Desma Schuhmaschinen is a world leader in industrial systems, machinery, automation and moulds for shoe production. The sale, for an undisclosed amount, is expected to close in autumn.

Univar Solutions has been appointed exclusive distributor in the US and Canada for select BASF specialty ingredients used in industrial applications. The expanded partnership between the two companies aims to provide customers with a significant advantage through access to an extensive portfolio of these essential ingredients: Capromer, 1,6-hexanediol molten and flakes, and e-caprolactone. These ingredients are used in applications including polymers, plastics, coatings, and adhesives.

Ammega Canada has expanded its conveyor belting operations with the opening of a conveyor belting unit in Quebec City. The project, it said, “reinforces Ammega’s mission to be the local partner of choice for high-quality conveyor belting products and services across the country.”

Sailun Group on 15 Aug filed details of a project to build a factory in Egypt with capacity for the production of 3.6m/yr radial tires – 3m semi-metallic and 600k full-steel reinforced. The ‘Egyptian project’ is intended to ‘meet local market demand and the needs of a global strategy.’ The group envisages a construction period of 18 months for the plant, to be operated by Sailun Egyptian Tire Co. Ltd.

The All India Rubber Industries Association is seeking government help to mitigate the impact of US import tariffs as high as 50%, according to media reports posted on the association’s website. Support measures being sought by AIRIA include export incentives, import duties and free-trade deals, as well as help in redirecting exports to Europe and increasing domestic demand.

Hankook’s tire business posted Q2/25 revenues up 8.4% year-on-year to KRW2.5114trn (€1,580.1m), driven by strong replacement and OE demand in global markets and increased high-value-added product sales. Operating profit fell 17.5% to KRW346.4bn (€217.9m), reflecting higher raw material costs, increased logistics expenses, and tariffs on U.S automotive parts.  Read more

Tosoh Corp.’s petrochemical group, which includes chloroprene rubber (CR) operations, posted a 10.8% year-on-year decline in net sales to Yen45.1bn (€260m) for its fiscal Q1/26. CR shipments fell due to “sluggish demand in some regions”, though selling prices increased. The division was also impacted by weaker demand and lower prices for ethylene, propylene and cumene, alongside unfavourable inventory fluctuations.

Evonik posted Q2/25 adjusted EBITDA down 12% year-on-year to €509m on sales 11% lower at €3.50bn. Most of the decline in revenue was due to “unfavourable currency effects” and to the divestment of the superabsorbents business. Evonik’s ‘Advanced Technologies’ division, which includes its Smart Effect silica and silanes business lines, saw a 1% sales decrease to €1.51bn with earnings stable at €266m. The group confirmed its full-year earnings guidance at the lower end of the €2.0-2.3bn range.

UK-based Wheely-Safe has established Wheely-Safe Pty Ltd to manage customer engagement, distribution and technical support in Australia and New Zealand. Headed by George Priest, the new unit will oversee all regional business as the company responds to rising demand for its wheel loss detection, hub temperature monitoring and tire pressure monitoring technologies.

American Rheinmetall has expanded its rubber product portfolio for the US industrial and defence sectors – following its recent acquisition of Loc Performance. The new offerings include custom rubber compounding capabilities, proprietary formulas, and “a wide range of” rubber-based components.  The company has “decades of experience in rubber compounding with world-class manufacturing infrastructure,” said Tom Dawson, account executive for compound mix products at its St. Marys, Ohio facility.

Chemicals distributor Brenntag reported Q2/25 results below expectations, impacted by persistently challenging market environment and currency exchange rate developments. Economic uncertainty in light of ongoing geopolitical tensions and global tariff developments led to a “noticeable slowdown in demand and increased pricing pressure across different end markets, impacting the business in both divisions to varying degrees.”

JK Tyre & Industries has reported consolidated revenue of Rs 38.91 billion (€380 million) for the first quarter of fiscal year 2026 (started 1 April), up 11% year-on-year. The growth was driven by strong domestic demand in both replacement and OEM segments. Operating profit, meanwhile, fell 17% year-on-year to INR4.23 billion.

Sailun Tyre has become the first Chinese tire manufacturer to join the UK’s National Tyre Distributors Association (NTDA), marking a milestone in its expansion in Europe. Sailun said it aims to strengthen ties with UK retailers and distributors, with a focus on sustainable innovation.

Covestro closed the second quarter of 2025 with group sales of €3.4 billion, down 8.4% year-on-year due to ‘significant price declines’ amid global oversupply and trade disruptions. Earnings for the quarter fell 15.6% to €270 million, though still within forecasted range. The company cited new US import tariffs and geopolitical tensions as key challenges disrupting supply chains and demand. Covestro adjusted its full-year earnings forecast downward to between €700 million and €1.1 billion (previously €1.0–1.4 billion).

Resonac Holdings has confirmed the resolution of a "security incident" first reported 20 May. Following an investigation by internal teams and external experts, the Japanese group said 7 Aug that it has 'fully removed' a malware responsible for delays in its operations. A third-party review found no major damages or information leaks.

Synthomer posted earnings (EBITDA) up 4.1% to £77.8m on H1/25 sales of £925.3m, 9.8% lower year-on-year. The sales mainly comprised: Coatings & construction solutions £34.5m, down 34.9%; Adhesive solutions £35.4m, up 61.6%; and Health & protection and performance materials £16.6m, up 23.0%. Earnings gains were linked to “self-help actions including a robust pricing drive.”  Read more

Teijin's Materials unit - aramid fibre, polycarbonates, carbon fibre,  composites - posted Q1/25 sales down 7.3% year-on-year to Yen117,152m and adjusted operating income down 56.4% to Yen1,064m. The declines were "mainly due to lower capacity utilisation resulting from large-scale periodic maintenance and deterioration in sales mix."

Continental reported a “resilient” Q2/25 group-wide, helped by a year-on-year earnings gains at its Automotive group sector. Of its two rubber-based units: 'the Tires group sector achieved a double-digit adjusted EBIT margin despite the strong headwinds from tariffs and exchange rates. In a weak industrial environment, ContiTech increased its adjusted EBIT margin [versus Q1/25].' The group confirmed that it is on-track to take the Automotive group sector public as an independent company on 18 Sept. More to follow…

Hartalega Holdings announced that its Hartalega NGC Sdn Bhd subsidiary on 4 Aug received a 'notice of additional assessments' from the Inland Revenue Board of Malaysia for: 2017 amounting to RM13,921,398; 2018, RM36,345,767; 2019, RM10,695, 2020, RM32,887,642; 2021, RM18,102,650; and 2022, RM90,624.60 respectively. Harta said it is seeking legal advice and evaluating its legal options, including initiating a formal appeal to the IRB. 

HB Chemical on 1 Aug announced the acquisition of Lianda Corp., a distributor of specialty polymers in North America.  The integration of Lianda “will enhance product offerings, technical capabilities, and geographic reach, said the Twinsburg, Ohio-based supplier of rubber & chemicals.

Evonik is now producing its Polyvest polybutadiene elastomers at Marl, Germany using 100% green electricity. The switch – effective from 1 July – supports Evonik’s target of cutting scope 1 and 2 emissions by 25% from 2021 levels by 2030. “For us, a reduced CO2 footprint is a true added value for the product,” said Saskia Jaworski, sustainability business manager. Polyvest grades are also available as ISCC Plus-certified eCO variants. The elastomers are widely used in the automotive, construction and electronics sectors.

Kumho Petrochemical has completed construction of a carbon capture, utilisation and storage (CCUS) facility at its Yeosu 2 Energy site, capable of capturing 76ktpa CO2 annually. The project began in late 2023 and uses in-house technology to capture up to 220 tonnes of COs daily. CEO Baek Jong-hoon said the investment would serve as “a symbolic case of utilising carbon dioxide as a new resource rather than a cost.” The captured CO2 will be processed by K&H Special Gas for use in food & beverage, dry ice, welding, agriculture, and wastewater treatment.

Covestro has lowered its earnings forecast for 2025, citing a continued weak global economy with no signs of short-term recovery. The company now expects earnings of €700–1,100?million for the year, down from the previous forecast of €1,000–1,400?million. Free operating cash flow is projected between -€400?million and +€100?million, compared with the earlier range of €0–300?million.

Safic-Alcan has entered into a distribution agreement with Chimica Lombarda, an Italian manufacturer specialised in aqueous polyurethane dispersions and cross-linking agents. The agreement covers distribution of Chimica Lombarda’s products across Poland, Czech Republic, Slovakia, Spain and Germany. Target markets include textile finishing, leather coatings, and paper coatings.

Michelin has recently opened its first mining tire recycling plant in La Negra, Chile. The Michelin Specialty Materials Recovery unit was opened in the presence of the Chilian president Gabriel Boric Font and customers in early May. The plant currently has the capacity to process a total of 2,200 tires per year with plans to expand annual capacity to 7,000 units.

Versalis has transferred its oilfield chemicals business into the new company Versalis Oilfield Solutions as of 1 July. The move is designed to consolidate operations and improve efficiency in the oilfield services sector by combining R&D, outsourcing production, and marketing of solvents and additives for drilling. The business, launched in 2010, has seen 'steady growth' in volumes and sales and will now focus on tailored chemical products and technical support for clients. 

German distributor Biesterfeld Group has reorganised its polymers business which are now structured into standard polymers, engineered polymers, and performance polymers, while medical polymers will be integrated into the HealthCare business unit. The changes include new global segments to expand industry expertise in areas such as mobility, electronics, industrial and consumer products, fluid management, aerospace and defence, and medical polymers. 

China’s Taishun region on 27 June announced a project by local firm Yibang to invest Yuan1.18bn (€140m) in a tire pyrolysis plant. The local authority said the 12-line facility will use “a continuous, low-temperature, slight negative-pressure pyrolysis process without steel wire stripping to recycle waste tires.” It will have the capacity to produce 240ktpa of ELTs to produce recovered carbon black (including '800-mesh' grade), steel wire, liquid fuel and other outputs.

UBE Elastomer has launched ISCC+ certified butadiene rubber made at its Chiba plant using biomass and recycled raw materials via the mass balance method. The company said the products meet updated ISCC+ criteria and support more sustainable supply chains for customers.

Apollo Tyres has received ISCC+ certification for its Hungary facility, marking a step forward in its sustainability programme. The certification supports traceability from raw material sourcing to finished product delivery and aligns with Apollo’s target of using 40% sustainable raw materials by 2030, including renewable and recycled inputs.

Norwegian silicons specialist Elkem has signed a power purchase agreement with NTE to secure 300 GWh/year of renewable electricity from 2028 to 2037 for its Salten plant in Northern Norway. The deal supports Elkem’s efforts to produce low-carbon silicon and meet its climate targets, including net-zero emissions by 2050.

In China, Sailun Group announced that it had acquired an 11.09% stake in Australia’s Mobile Tyre Shop through a AUD$5 million investment by its Singapore subsidiary. The mobile retail business plans to use the funds to expand operations nationwide.

German ELT pyrolysis company Pyrum Innovations posted a 51% year-on-year sales increase to €509k in the first quarter of 2025, supported by plant expansion progress and investment grants. Earnings also turned positive at €23k, up from a loss of €2,000 reported last year. 

UK-based FPS Valves & Sealing has moved its operations to a new facility in Buckshaw Village, Chorley in northwest England, to support business growth and improve logistics access. “We’re heading to the new space because we’re expanding and we need more room to grow,” said company officials. The company supplies sealing solutions and valves for sectors including oil and gas, chemical, pharmaceutical and process industries.

USTMA brought representatives from 11 member companies to Capitol Hill as part of its annual ‘tire manufacturing ambassadors programme’. The group advocated for policies supporting domestic manufacturing, road safety, and retreading, as well as highlighting the sector’s $170 billion economic impact and 800,000 supported jobs.

US suspension systems supplier Hendrickson has acquired the Reyco Granning suspension business from Reyco Granning LLC.  Based in Mt. Vernon, Missouri, the unit specialises in suspension solutions for medium- and heavy-duty vehicles, including motorhomes, commercial trucks, emergency response vehicles, specialty trailers, and buses. The Reyco Granning brand will continue to operate independently under its existing name to maintain market presence and customer service continuity.

China’s Hongdou Group has completed a previously announced sale of controlling shares in tire manufacturer Jiangsu General Technology (General Science). In a statement, General Science said Hongdou Group transferred of 389m shares it held in the company to Soho Group, accounting for 24.5% of the total shares. With the Yuan2.1bn (€256m) transaction Soho Group holds 24.5% of the shares and Hongdou Group will hold 16.85% of the shares.  Read more

Sabic on 25 June confirmed it will close its olefins 6 facility in Wilton, Teesside, UK. The unit has been offline since the end of 2020 and was due to be converted to run entirely on gas feedstocks. Last month it was reported that Sabic could be looking to sell its European petrochemicals business amid high energy costs, according to the Unite trade union. Read more

Nokian Tyres has been ranked 98th in TIME magazine’s 2025 list of the world’s most sustainable companies. The ranking, compiled with data firm Statista, ranks top 500 global companies for environmental and social responsibility based on verified sustainability commitments, such as UN Global Compact membership and emissions targets validated by the Science Based Targets initiative. Ratings from third-party organisations like CDP and MSCI were also considered.

The UK Ministry of Defence has awarded Avon Technologies plc a £10.2 million (€12 million) contract for FM50 respirators to support the Armed Forces of Ukraine. Avon’s FM50 mask meets NATO military specifications and provides full-face protection against CBRN (Chemical, Biological, Radiological and Nuclear) threats. Read more

Wacker has named Heidelberg University professor Lutz Greb as the 2025 winner of its Silicone Award. Presented biennially since 1987, the €10,000 prize honours outstanding work in silicone and silicon-containing chemistry. Greb was recognised for his research in complex chemistry and molecular catalysis, which combines computational methods with synthesis. He will receive the award on 16 July during the 11th European Silicon Days in Salzburg.

Cooper Standard has received Ford Motor’s 2024 supplier of the year award in the crisis management category. The recognition follows the company’s “rapid response” to Hurricane Helene at its Spartanburg, South Carolina site in late 2024. The facility resumed production under emergency protocols despite damage in the surrounding area, maintaining supply to Ford throughout the disruption.

Flexsys has announced that it will increase the price of insoluble sulphur products sold in India by $0.25/kg, effective 1 July. The US additives supplier linked the price adjustment to “elevated raw material costs and evolving market conditions” as welll as increased investments in R&D to produce “innovative, sustainable, and higher-performing products.”

Orion has received 10 safety awards from the International Carbon Black Association, recognising the company’s safety records at its manufacturing sites. The ICBA said Orion “set the benchmark” for the carbon black industry for employee health and safety. Eight Orion plants won gold awards. The sites were in Belpre, Ohio; Berre-l'Étang, France; Huaibei, China; Ivanhoe, Louisiana; Jaslo, Poland; Paulinia, Brazil; Ravenna, Italy; and Yeosu, South Korea. Two additional Orion plants — in Orange, Texas, and Qingdao, China — received bronze awards for recording zero “lost work day” cases, defined as nonfatal occupational injuries or illnesses that result in missed workdays.

Dutch industrial sealing fluid control specialist Klinger has acquired Hadro Techniek a producer of “tailor-made magnetic level indicators”. With a production site in Moordrecht,