Latest News

Michelin to gain €46m a year from Dundee closure
Added: 15 Nov 2018
London – Groupe Michelin expects to achieve £40 million (€46 million) annually in productivity gain…

Premium-tire drive impacts Bridgestone sales in China
Added: 15 Nov 2018
Tokyo – Bridgestone Corp. has noted a decline in replacement passenger car tire sales in China for …

BKT budgets $200m to upgrade, expand capacities in India
Added: 15 Nov 2018
Mumbai, India — Off-highway tire maker Balkrishna Industries Ltd. (BKT) is budgeting more than $200…

Zeon elastomers unit impacted by raw material costs
Added: 14 Nov 2018
Tokyo – Zeon Corp.’s elastomer business has seen operating profit fall 16% year-on-year to Yen9.5 b…

Orion rubber segment posts record quarter
Added: 14 Nov 2018
Luxembourg - Orion Engineered Carbons SA has seen its rubber segment sales and profits soar in the …

Apollo posts strong growth amid setbacks
Added: 14 Nov 2018
Kochi, India – Apollo Tyres Ltd has seen strong growth in sales and profits for the first half of i…

Conti, Pirelli raise North America tire prices
Added: 14 Nov 2018
Fort Mill, South Carolina – Tire price hikes continue in North America as Continental and Pirelli a…

Magna Tyres to expand Dutch production plant again
Added: 14 Nov 2018
Hardenberg, The Netherlands – Magna Tyres Group has announced plans to expand its recently opened O…

World-scale facility part of Dow’s silicone expansion plans
Added: 14 Nov 2018
Friedrichshafen, Germany – Dow Chemical Co. s currently conducting a feasibility study on a “world-…

Imerys announces “substantial” price increase
Added: 13 Nov 2018
Toulouse, France – Imerys Performance Additives Division is introducing a “substantial” price incre…

Toyo suffers drops in sales, earnings
Added: 13 Nov 2018
Hyogo, Japan – Toyo Tire & Rubber Co. Ltd. reported drops in earnings and sales for the first nine …

Semperit completes €27m expansion at Czech plant
Added: 13 Nov 2018
Vienna – Austrian rubber engineering group has completed a €27-million expansion of its hose produc…

US to impose antidumping duties on steel wheels from China
Added: 13 Nov 2018
Washington – The US Department of Commerce has determined preliminarily that exporters of steel tru…

Natural rubber prices stabilise at low levels
Added: 13 Nov 2018
London – Average weekly prices for natural rubber were relatively stable in producer countries duri…

Action group launches bid to save Michelin Dundee plant
Added: 13 Nov 2018
Edinburgh, UK – Government, business and union officials have instigated joint efforts to avert the…

BKT plans $100m tire production unit in US
Added: 12 Nov 2018
Milan, Italy - Balkrishna Industries Limited (BKT), India-headquartered manufacturer of off-highway…

Evonik company to build silica production plant in Turkey
Added: 12 Nov 2018
Sakarya, Turkey – The European Bank for Reconstruction and Development (EBRD) is lending €15 millio…

Yokohama takes 'asset impairment' charge related to US plant
Added: 12 Nov 2018
Tokyo – Yokohama Rubber Co. Ltd. has taken an asset impairment charge against its third quarter ear…

Bridgestone profits decline, sales remain flat
Added: 12 Nov 2018
Tokyo – Bridgestone Corp. has seen its operating income decline 3% to Yen290.8 billion (€2.25 billi…

Prometeon to invest €100m in Turkish plant
Added: 9 Nov 2018
Istanbul, Turkey – Prometeon Tyre Group, the former Pirelli industrial tires unit, is investing 580…