Munich, Germany – Wacker’s silicones division has reported a doubling of earnings (EBITDA) in the third quarter, helped by a significant increase in volumes. For the three months to 30 Sept, the ...

Seoul – Kumho Tire has again signalled plans to build a new 'global' tire manufacturing facility, while reporting a strong third-quarter business performance. In its financial report, issued 29 Oct, ...

While "drinking-water seals must be certified, the European Drinking Water Regulation does not specify any suitable test bases,” explained WDK chief chemist Volker Krings. A revision of the new ...

Clermont-Ferrand, France - Michelin Group is to axe two production facilities in France, due to the ‘profound transformation’ of passenger-car and truck tire markets in Europe over the past decade.

Akron, Ohio – Goodyear has raised its savings target from an ongoing transformation plan to $1.5 billion (€1.37 billion), up 50% compared to the original $1 billion announced late last year.

The trading week ended 1 Nov closed lower across all markets, driven by “continued long liquidation and profit-taking that pushed prices to their lowest levels in four weeks,” JPX reported 4 Nov.

According to CGT, all three Michelin sites have seen significant cost-saving measures since 2019, with employee numbers cut by: 112, or 28% at Vannes; 368, or 28% at Cholet; and 85, or 35% at Joué-lès ...

But, it added, supply is set to tighten in the NR market due to disruptions to production caused by recent typhoon Yagi and flooding in growing regions in China, Thailand and Vietnam. ANRPC went on to ...

Tokyo - Automotive components supplier Toyoda Gosei (TG) has reported improvements in both sales and earnings at its European operation during the second quarter of its fiscal year. Group-wide, ...

Vienna / London – AI mobile data firm Anyline has formed a partnership with TyreSafe, a UK organisation dedicated to raising awareness about the critical role of tires in road safety.

Aura, Finland – Reka Industrial has reported a weak third quarter as uncertainty in the market has led to lower order volumes. For the quarter ended 30 Sept, the Finnish group, which currently only ...

Stockholm – Hexpol AB has reported a 14.0% decline in third quarter earnings (EBIT) to SEK800 million (€70.0 million) on ...