ERJ: News stories of the week

2 Feb 2024

Most widely-read news reports posted on the European Rubber Journal website over the last seven days

More tire manufacturers confirm being inspected as part of EC tire market probe

European Commission carrying out unannounced inspections at suppliers of new replacement PC/LT and truck & bus tires

Chinese tire makers welcome lower US duties on Thai passenger car tires

Commerce reduces antidumping rates, with Sentury Tire, Linglong among those now benefitting from significant cuts

Kumho, Orion to collaborate on sustainable tire development

Korean tire maker rolls out concept tire with 80% sustainable raw materials

Hexpol reports 12% earnings increase despite flat sales

Automotive sales improve but deliveries to construction segment “significantly lower in virtually all markets”

Sailun unveils further expansion plans at Cambodia tire factory

Group increases expansion budget by €100m to extend capacity by 12m tires per year

Wacker earnings fall 60% on ‘weak market environment’

Silicones business reports sharp decline in earnings due to lower prices, volumes

Troester appoints Thomas Holzer as chief executive officer

Has taken over the CEO role at rubber machinery manufacturer from managing partner Dr Peter Schmidt

ERJ: Rubber & tire industry in numbers

Yokohama... Birla... Epsilon... Cooper... Nova Motorsport... Orion... ETRMA data... Rubber shares... NR prices...

Cote d’Ivoire becomes third largest natural rubber producing country

Global production rises 6.5% year-over-year, as Indonesia lowers final figures for 2022 output

Pyrum selects location for second German plant

End-of-life tire recycler expects to start production at Perl-Besch site by end of 2025