27 Feb 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 |
19-20 Feb |
26-27 Feb |
Change |
|
Bridgestone Corp. |
Yen3,703 |
Yen3,747 |
+1.2% |
|
Goodyear |
US$8.89 |
US$8.47 |
-4.7% |
|
Hankook |
KRW74,300 |
KRW75,900 |
+2.2% |
|
Michelin |
€33.15 |
€34.16 |
+3.1% |
|
Nokian Tyres |
€10.90 |
€10.90 |
0.0% |
|
Pirelli |
€6.31 |
€6.46 |
+2.4% |
|
Sumitomo Rubber (SRI) |
Yen2,792 |
Yen2,743 |
-1.8% |
|
Yokohama Rubber (YRC) |
Yen7,660 |
Yen7,833 |
+2.3% |
|
ZC Rubber |
CNY54.01 |
CNY55.46 |
+2.7% |
Selected rubber product manufacturers’ share-price trends
|
Company |
19-20 Feb |
26-27 Feb |
Change |
|
Avon Technologies |
£17.70 |
£18.12 |
+2.4% |
|
Cooper-Standard |
$38.96 |
$38.79 |
-0.4% |
|
Datwyler |
CHF169.80 |
CHF164.80 |
-3.0% |
|
Hexpol |
SEK76.00 |
SEK77.25 |
+1.7% |
|
Sanok Rubber |
PLN22.90 |
PLN22.50 |
-1.8% |
|
Semperit |
€13.02 |
€13.10 |
+0.6% |
|
Trelleborg |
SEK392.20 |
SEK400.40 |
+2.1% |
MATERIALS
Natural rubber
NR futures ended the third trading week of February in subdued trading as Chinese exchanges remained closed for the lunar new year holidays, according to a market update by Japan Exchange Group (JPX). In Osaka, a weaker yen against the US dollar supported light buying interest, while “firmer crude oil prices” and modest short covering also provided support. On Singapore’s SICOM’s active May 2026 contract edged 0.5% higher, though the exchange was open for only two trading days during the holiday week. JPX described trading across both OSE and SICOM as “generally quiet, with modest short covering underpinning prices.”
Selected rubber futures price trends on major trading exchanges
|
Exchange |
Commodity |
Delivery |
Week to 13/02/26 |
Week to 20/02/26 |
% Change |
|
Osaka |
RSS3 |
May‘26 |
342.0 (JPY) |
349.5 (JPY) |
+2.2% |
|
SHFE |
SCR/RSS |
May‘26 |
16,390 (CNY) |
16,390 (CNY) |
0.0% |
|
INE |
TSR |
May‘26 |
13,295 (CNY) |
13,295 (CNY) |
0.0% |
|
SICOM |
TSR20 |
May‘26 |
192.2 (US$c) |
193.2 (US$c) |
+0.5% |
|
SHFE |
BR |
Mar‘26 |
12,675 (CNY) |
12,675 (CNY) |
0.0% |
(ERJ calculation for selected futures pricing, as tracked by JPX)
Financial results reported over recent weeks
|
Company |
Period |
Sales |
YoY change |
Earnings |
YoY change |
|
Pirelli |
Q4/25 |
€1.58bn |
-0.5% |
€245.9m |
+0.5% |
|
Pirelli |
FY/25 |
€6.77bn |
+4.2%(organic basis) |
€1,081.4m2 (adjusted) |
+2.0% |
|
Tokai Carbon Carbon black |
FY/25 |
Yen147bn (€798m) |
-6.1% |
Yen13bn |
-40% |
|
Akwel |
FY/25 |
€938m |
-5% |
n/s |
n/s |
|
Yokohama Rubber Co. Tires |
Q4/24 |
Yen325.5bn |
+16.4% |
Yen61.9bn4 |
+28.0% |
|
Yokohama Rubber Co. Tires |
FY/25 |
Yen1,121.3bn |
+14.3% |
Yen155.0bn |
+21.9% |
|
Fukoku |
fQ1-3/26 |
Yen67bn (€366m) |
+0.2% |
Yen2.6bn |
-29.3% |
|
Sumitomo Rubber (SRI) Tire business |
FY/25 |
Yen1,043bn |
-0.3% |
Yen80bn4 |
+5% |
|
Orion SA Rubber Carbon Black |
Q4/25 |
$272.0m |
-5.2% |
$5.3m( |
-55.8% |
|
Orion SA Rubber Carbon Black |
FY/25 |
$1,118.2m |
-3.5% |
$33.4m( |
-69.8% |
|
Bridgestone Tires only (adjusted)) |
FY/25 |
Yen2,500.6bn |
-0.2% |
Yen478.5bn( |
-0.1% |
|
Toyo Tires Tires division |
FY/25 |
Yen519bn |
+5.4% |
Yen95.5bn( |
+3.7% |
|
Datwyler (adjusted) |
FY/25 |
CHF1,100.5m |
-0.6% |
CHF136.6m2 |
+15.7% |
|
Cooper-Standard |
Q4/25 |
$672m |
+1.8% |
$35m3 |
-35% |
|
Cooper-Standard (adjusted) |
FY/25 |
$2.75bn |
+16% |
$209m3 |
+16% |
1(Segment) operating income; 2EBIT; 3EBITDA, 4Business profit; 5Net income; 6EBITA
PROJECTS
Recently reported capacity additions & expansions
|
Reported |
Company |
Project |
Location |
Capex |
Details |
|
25 Feb |
BKT |
Enter India consumer tire, commercial on-road tire markets |
India |
INR35bn (€325m) |
Fund manufacturing capacity expansion, R&D, distribution |
|
23 Feb |
Cabot Corp. |
Circular carbons production |
Cilegon, Indonesia, Tianjin, China |
n/s |
Validation of ISSC+ Evolve platform prod/n |
|
15 Feb |
Sabic, Pirelli, PIF |
Materials supply deal |
Saudi Arabia |
$550m (€470m) |
New 3.5m/yr PCR plant under construction |
|
19 Feb |
Elastomer Solutions |
Opened new automotive parts plant |
Zacatecas, Mexico |
n/s |
Majority-owned by Mutares, ES makes rubber, plastics, 2K parts |
|
19 Feb |
Kumho Tire |
e-beam tire cord treater |
Nanjing, China |
€800k |
Part of Yuan6.5m project |
|
18 Feb |
Zeon Corp. |
Bio-based isoprene, SAF plant |
n/s |
n/s |
Signed agreement |
|
16 Feb |
Apollo Tyres |
Expand TBR, PCR capacity over 3 yrs |
Andhra Pradesh, India |
INR58bn (€540m) |
Add 18% for PCR, 20%+ TBR in India |
|
16 Feb |
Nexen Tire |
Tire testing centre |
Ivalo, Finland |
n/s |
Officially opened |
MARKETS
Michelin has reported mixed tire market trends in 2025, with modest overall growth but continued weakness in original equipment (OE), particularly in B2B segments. In passenger car and light truck (PC/LT), sell-in volumes rose in 2025, with OE up 2% year-on-year and replacement up 1%, Michelin reported in its full-year results. Regionally, OE demand fell 5% in Europe and 2% in North America, but increased 9% in China. In replacement, Europe grew 1% year-on-year, North America was flat, and China rose 2%. ERJ report
German rubber production fell 6.4% year-on-year to 1.03m tonnes in 2025, reported WDK. Tire production -8.9%r to 410kt while the manufacture of technical rubber goods -4.6% to 620kt. Overall sales -8% to €10.5bn, with tires -9.8% at €6.2bn and rubber goods -5.2% at €4.2bn. ERJ report
Cordiant Holding has forecast a 17% decline in Russia’s passenger car tire market for 2025, linking the downturn directly to weaker vehicle demand. ERJ report
Indian group BKT has announced a new global brand structure and confirmed its entry into its domestic consumer tire market for the first time. In a 24 Feb statement, BKT said the move was part of its “new phase of growth and transformation” and includes a clearer division of its operations into two business areas. ERJ report
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Already a subscriber? Log in here
