News

London – The UK government has kept antidumping duties on Chinese truck and bus tires in place until October?2028 but has changed the timing and the rates which were recommended by the Trade Remedies ...
Frankfurt – The German rubber industry has warned that the incoming EU Packaging and Packaging Waste Regulation (PPWR) will hit smaller manufacturers with a “bureaucratic tsunami” unless exemptions ...
New Delhi – The Indian tire industry is set to grow at a CAGR of 11-12% over the next decade, driven by high domestic demand, ...
Shanghai, China – China has leapfrogged North America to become Cabot Corp.’s largest single market, accounting for about 25% of the group’s global sales, the carbon black maker reported.
Michelin is committed to incorporating sound environmental and scientific approaches that ensure that our products are made with more & more renewable and recycled materials in order to be really ...
Brussels - Workers dismissed following the closure of Goodyear's production site in Fulda and partial shutdown in Hanau, Germany are to receive EU job-seeker support. The European Commission will ...
Seoul – Hyosung Advanced Materials Corp. (HAMC) has confirmed Bain Capital Private Equity (Asia) LLC as the preferred bidder for its steel tire cord business, for the possible KRW 1.5 trillion (€1.0 ...
London – UK's new vehicle manufacturing declined by 11.9% year-on-year to 417,232 units in the first six months of the year, according to the latest figures published today by the Society of Motor ...
Jiyuan, China - Jiyuan Hongxin Rubber Composite Material Technology is planning to build a water-based full-formula wet-mixed 'nano-rubber composite' material production line, according to an ...
Baar, Switzerland – Forbo Group has reported a significant decline in first-half operating profit, due mainly to higher costs and underutilised assets. Operating profit for the first six months of the ...
Seoul - Nexen Tire has reported a 32% year-on-year decline in second quarter earnings, due mainly to the impact of 25% US tariffs on auto parts, in place since early May.
Brussels – The European Commission has launched an in depth investigation into a €12 billion deal by Abu Dhabi National Oil Co. (Adnoc) to take over German chemicals group Covestro. ( ERJ report) In a ...