Latest News

Cooper Tire suffers operating, net losses on 14% lower sales
Added: 11 May 2020
Company withdrawing 2020 outlook due to Covid-19 pandemic and its impact on business

Haohua Tire to expand in Sri Lanka; ups China capacity
Added: 11 May 2020
Project was set to start earlier this year but was delayed due to Covid-19 outbreak

Doublestar continues net loss in Q1
Added: 11 May 2020
Coronavirus impacts orders from China and overseas, according to tire maker

Production resumes at Kumho's tire plant in US
Added: 7 May 2020
Kumho halted production at the plant 1 April to help curb the spread of Covid-19

Conti rubber group posts decline in Q1 sales, profits
Added: 7 May 2020
Tire division earnings drop due to lower volumes, underutilisation and ramp-down costs

Further Conti cutbacks as Covid impact intensifies
Added: 7 May 2020
Continental expects the second quarter to be “the weakest” this year as impact of coronavirus is fe…

Michelin commits to a green economic restart
Added: 7 May 2020
French tire maker joins Swiss-based Solar Impulse Foundation to promote sustainability

Synthomer donates gloves to Italian hospital
Added: 7 May 2020
UK chemicals company reached out to customers and secured medical gloves supplies

Covestro, Teknor join hands to produce TPU compounds
Added: 7 May 2020
Two companies aim to create ‘customised products’ based on Covestro resins

Denso reports 81% drop in profitability
Added: 7 May 2020
Full year forecast for the next fiscal year is undecided due to Covid-19 impact

NR production, consumption estimates revised down again
Added: 6 May 2020
ANRPC figures show 20% decline in first quarter demand, as Covid-19 slows down tire and automotive …

UK chemicals boss blasts Brexit strategy amid ‘perfect storm’
Added: 6 May 2020
Chemical Business Association advises members to take action in order to secure EU market access.
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Goodyear to close Alabama factory 6 May
Added: 6 May 2020
Union vote was required as a 5-year contract in 2017 mandated that the plant remain open through 20…

Pirelli reopening US tire plant on limited basis
Added: 6 May 2020
The first workers were allowed back in at the end of last week to prepare for manufacturing operati…

Trelleborg launches “next-generation” fire seal
Added: 6 May 2020
Aircraft engines can operate at higher temperatures with lower fuel consumption

Wacker silicones segment reports lower sales, profitability
Added: 6 May 2020
German chemical group declined to offer a full year forecast due to Covid-19 pandemic

European auto sector calls for incentives to kickstart recovery
Added: 5 May 2020
ETRMA joins a group of automotive trade associations to draw up 25-point action plan

Arlanxeo moves headquarters to The Hague
Added: 5 May 2020
As a result, key corporate positions will be collocated with parent company Aramco Overseas

Leoni secures €330m loan to increase financial flexibility
Added: 5 May 2020
German automotive supplier experienced “temporary, significant decline in sales volumes” due to Cov…

GRI boss appointed to Sri Lanka economic revival task force
Added: 5 May 2020
Move to help create "new economic agenda" for Sri Lanka with focus on exports