Latest News

Sumitomo Rubber returns to profit as tire business grows
Added: 11 Aug 2021
Industrial rubber products report a decline in both sales and profit during the first six months

Yokohama Rubber expands scope of off-road tire plant in India
Added: 11 Aug 2021
Japanese manufacturer introduces second phase to more than double capacity at factory currently und…

VDMA warns of ‘material shortage burden’ on German industry
Added: 11 Aug 2021
Some 70% of mechanical engineering companies say production “significantly more difficult” due to l…

Trelleborg raising tire prices for third time this year
Added: 11 Aug 2021
Swedish manufacturer cites ‘escalating cost of logistics and raw materials’ for the price increase

China’s tire heavyweight Hengfeng splits up
Added: 11 Aug 2021
Assets injected into three subsidiaries, but no facility relocations involved

UK new car market falls 30% as shortages suppress growth
Added: 10 Aug 2021
Industry revises down annual outlook as supply chain shortages and ‘pingdemic’ frustrate both suppl…

Birla appoints John Loudermilk as CEO
Added: 10 Aug 2021
Loudermilk a “seasoned leader” in chemicals industry with more than 30 years of experience

Cabot secures $1bn sustainability-linked revolving credit facility
Added: 10 Aug 2021
Pricing for the five-year facility is based on company's credit ratings and its SO2, NOX emissions …

Safe-Run, VMI issue statements on patent-dispute rulings
Added: 9 Aug 2021
Machinery makers’ contrasting interpretations of second instance judgments in Chinese court

Safe-Run statement on court decisions in patent-infringement dispute with VMI
Added: 9 Aug 2021
The Patent Disputes Between Safe-Run and VMI Ended up with the Former Won the Cases and the Latter’…

VMI statement on court decisions in patent-infringement dispute with Safe-Run
Added: 9 Aug 2021
VMI Wins Key Patent Infringement Cases Against Safe-Run in China
Despite a recent press release …

Synthomer to build 200ktpa nitrile rubber latex plant in Asia
Added: 9 Aug 2021
London-based group expects NBR latex segment to remain ‘an area of long-time growth’

Semiconductor shortage weighs on Cooper Standard results
Added: 9 Aug 2021
US components supplier narrows loss on Covid recovery, favourable foreign currency effect

Danfoss completes €3bn acquisition of Eaton’s hydraulics business
Added: 9 Aug 2021
Move will see the Danish group establish itself as a ‘global leader in mobile and industrial hydrau…

Hankook reports 167% rise in operating profit
Added: 9 Aug 2021
Korean tire maker sees global growth in both OE and replacement markets in the second quarter

Goodyear bounces to profit as performance ‘exceeds industry’
Added: 9 Aug 2021
US tire maker reports strong volumes, driven by increased demand, Cooper merger

Guizhou Tyre unveils €450m expansion projects in China, Vietnam
Added: 6 Aug 2021
Chinese tire maker plans to include smart manufacturing project, which will take three years to com…

Green Deal will 'transform European tire and rubber industry'
Added: 6 Aug 2021
But ETRMA leader stresses need for supportive EU framework to ensure investments are in-line with E…

Apollo revenue up 59% amid ‘gradual recovery’ across market segments
Added: 6 Aug 2021
Tire maker says second wave of Covid in India had 'lesser impact' on operations compared to last ye…

Pirelli first half earnings doubled as volumes grow
Added: 6 Aug 2021
Italian tire maker reports ‘decisive demand recovery’ in main geographical regions