Latest News

Tire shares tracker: Prices fall
Added: 16 Aug 2019
London – Share prices of major tire makers observed declines over the recent weeks, reversing an up…

"Temporary layoffs" part of Nokian cost-saving measures
Added: 16 Aug 2019
Nokia, Finland – Nokian Tyres plc is taking measures, including job cuts, to face “significant addi…

Window of opportunity for European TBR sector
Added: 16 Aug 2019
Birmingham, UK - The imposition of tariffs on Chinese truck & bus tire imports last year has opened…

Wittmann, Moldex3D partner on LSR injection moulding
Added: 16 Aug 2019
Hsinchu, Taiwan – Taiwanese supplier of plastic injection moulding simulation technology CoreTech S…

People: Dayco appoints new chief executive
Added: 16 Aug 2019
Tory, Michigan – Dayco LLC has appointed Joel Wiegert as chief executive officer, the company annou…

Deere approves Conti tires for use on tractor
Added: 16 Aug 2019
Fort Mill, South Carolina – Farm equipment maker Deere & Co. has approved 30 sizes of Continental A…

Doublestar starts up scrap tire pyrolysis plant
Added: 15 Aug 2019
Zhumadian, China - Doublestar has started up phase one of a scrap tire pyrolysis plant in Zhumadian…

Kuraray isoprene business reports lower sales
Added: 15 Aug 2019
Tokyo – Kuraray’s isoprene business, which includes styrenic-based thermoplastic rubbers Septon, ha…

Semperit profitability up as restructuring continues
Added: 15 Aug 2019
Vienna – Semperit AG has reported a 19.5% year-on-year increase in first half earnings (EBITDA) at …

Countdown starts for IRC 2019
Added: 15 Aug 2019
London - The countdown has started for the International Rubber Conference (IRC2019) 2019, being h…

Datwyler reports growth amid difficult environment
Added: 15 Aug 2019
Altdorf, Switzerland – Datwyler Group has reported growth in both sales and operating profit (EBIT)…

Sumitomo earnings drop 39%, 2019 forecast unchanged
Added: 15 Aug 2019
Kobe, Japan – Sumitomo Rubber Industries Ltd. posted a 39.2% drop in operating profits for the half…

Chinese tire makers brace for the new normal
Added: 14 Aug 2019
Beijing - China’s tire production and sales volume recorded the first drop over two decades in 2018…

Cabot reinforcement materials unit reports decline
Added: 14 Aug 2019
Boston, Massachusetts – Cabot Corp.’s reinforcement materials business unit, which includes rubber …

BKT suspends plan for US tire plant
Added: 14 Aug 2019
Maharashtra, India – Off-highway tire manufacturer Balkrishna Industries Ltd. (BKT) is suspending i…

JSR elastomers unit reports 88% drop in operating profit
Added: 14 Aug 2019
Tokyo – JSR Corp. has reported a sharp decline in operating profit for its elastomers business in t…

Avon Rubber in $90m deal to buy 3M’s protection business
Added: 14 Aug 2019
Melksham, UK – Avon Rubber plc is acquiring 3M’s ballistic-protection business for an initial cash …

Texon develops alternative to rubber for "vulcanised shoes"
Added: 13 Aug 2019
Hong Kong - Footwear structural materials supplier Texon has developed a sustainable alternative to…

China launches TSR20 futures trading
Added: 13 Aug 2019
Shanghai, China – The Shanghai International Energy Exchange (INE) has started the trading of yuan-…

Nexen set to officially open European tire plant
Added: 13 Aug 2019
Seoul – Nexen Tire will hold an official opening ceremony for its new Europe manufacturing plant in…