Latest News

Hankook approves stock buyback, dividend boost
Added: 25 Mar 2020
South Korean tire maker says short-term revenue losses from Covid-19 "inevitable"

Camfin raising stake in Pirelli
Added: 25 Mar 2020
Board of directors authorises acquisition of shares up to a maximum of 1.5% of Pirelli’s share capi…

Nokian mulling temporary layoffs as Covid-19 lowers demand
Added: 25 Mar 2020
Tire maker reviewing layoffs of at most 90 days per employee at Finnish headquarters

Apollo suspends production at Indian plants
Added: 25 Mar 2020
Company to "scale back" production at European plants in Hungary and The Netherlands later this wee…

Most of China’s tire makers resume production
Added: 25 Mar 2020
Facilities running at an average utilisation rate of 45%, reports China Rubber Industry Association…

Italian rubber machinery makers to continue operations
Added: 24 Mar 2020
Activities to continue as production chain deemed to be necessary

Car makers, suppliers see rebound for China output
Added: 24 Mar 2020
Current showroom traffic indicates a return to normal in China’s car market

EC issues call for 3D printed valves and masks
Added: 24 Mar 2020
European Commission: "Urgent need” for masks and ventilators, which can be 3D printed

Orion withdraws 2020 guidance, suspends dividend
Added: 24 Mar 2020
Decision made amid growing uncertainty over “the duration, magnitude and geographic reach of Covid-…

Pandemic to drive up investment in smart technology
Added: 24 Mar 2020
Covid impact of a magnitude that means companies must “make bold decisions to survive”

Michelin gauges tire market decline
Added: 24 Mar 2020
French group notes impact of pandemic on global car and truck tire demand

Magna Tyres moves headquarters
Added: 24 Mar 2020
Dutch OTR tire maker moves to new head office to support recent growth

Top Glove doubles sales orders ahead of “very robust” H2
Added: 24 Mar 2020
Malaysian gloves maker to expand its operations, increase utilisation rates in response to Covid-19…

Cooper Tire to temporarily shut down European plants
Added: 23 Mar 2020
Company to phase down production at factories in the UK and Serbia “over the coming days”
…
Apollo Vredestein to scale back European production
Added: 23 Mar 2020
Dutch plant to continue the manufacture of "critical tire sizes” for farm industry

Update: Bridgestone halts production at European tire plants
Added: 23 Mar 2020
Temporary closures in France and Italy, reduced production levels at other facilities

Machinery supplier Desma on 'emergency level' production
Added: 23 Mar 2020
Production cut back at facilities in Germany and Slovakia, halt to on-site service activities
…
Cefic calls for EC support in supply of critical goods
Added: 23 Mar 2020
Chemicals makers want “EU-wide solutions” for supply-chain issues created by Covid border restricti…

Court clears extension to Nynas reorganisation
Added: 23 Mar 2020
Process oils company now has until 15 June to complete restructuring plan