Latest News

Indorama completes acquisition of Czech tire cord business
Added: 1 Nov 2018
Bangkok – Indorama Ventures Public Co. Ltd (IVL) has completed the purchase of Czech tire cord and …

Toyo to raise prices on 'select' tires in the US
Added: 1 Nov 2018
Cypress, California – Toyo Tire USA Corp. will increase dealer base prices on select passenger, lig…

BKT to build production plant in US
Added: 31 Oct 2018
Las Vegas, Nevada – Off-road tire maker Balkrishna Industries Ltd., the No. 39 tire maker worldwide…

Cooper Tire earnings down 42% at Q3
Added: 31 Oct 2018
Findlay, Ohio – Cooper Tire & Rubber Co. showed similar results in net sales to last year's totals,…

Conti names chief technology officer for automotive group
Added: 31 Oct 2018
Hanover, Germany – Continental AG is appointing Dirk Abendroth as chief technology officer (CTO) of…

Hexpol posts higher sales and earnings
Added: 31 Oct 2018
Malmo, Sweden – Hexpol AB has seen its sales and operating profit increase in the first nine months…

Covestro cutting 900 jobs globally
Added: 31 Oct 2018
Leverkusen, Germany - Covestro AG is cutting 900 jobs globally as part of a company-wide cost savin…

Pirelli, Rostec to double tire production at Russian plant
Added: 31 Oct 2018
Moscow – Pirelli C & SpA and Russian state-owned Rostec have signed a €100-million agreement to dou…

US postpones decision on Chinese wheel imports
Added: 30 Oct 2018
Washington – The US department of commerce has postponed its preliminary determination on steel whe…

Borealis to acquire control of S. Korean compounder
Added: 30 Oct 2018
Cheonan, South Korea – Borealis AG is acquiring “a controlling stake” in South Korean compounder DY…

Continental Carbon building 150ktpa production plant in India
Added: 30 Oct 2018
Dusseldorf, Germany – Continental Carbon India Limited (CCIL) is building a green filed carbon blac…

Wacker to raise silicone prices
Added: 30 Oct 2018
Munich, Germany – Wacker Chemie AG will raise prices for silicone rubber in its Europe, Middle East…

Goodyear cuts earnings forecast, again
Added: 29 Oct 2018
Akron, Ohio – Goodyear has lowered its expectations for fiscal 2018 operating income slightly "to r…

Mighty unhappy with tire industry’s new NR platform
Added: 29 Oct 2018
Washington – The tire industry’s Global Platform for Sustainable Natural Rubber (GPSNR) is “doomed …

Kraiburg aims to take TPEs into new applications
Added: 29 Oct 2018
Friedrichshafen, Germany – Kraiburg TPE is bringing "the best of both worlds" together in a techno…

Hyundai E&C cancels €458m petrochemicals deal with Iran due to sanctions
Added: 29 Oct 2018
South Korean Hyundai Engineering & Construction has cancelled a KRW594bn (€485m) deal to build a pe…

Borealis plastomers a “first” for healthcare industry
Added: 28 Oct 2018
Vienna – Borealis and Borouge are introducing the “first controlled plastomers solution” for the gl…

Sumitomo to become corporate member of ETRMA
Added: 26 Oct 2018
Brussels – Sumitomo Rubber Group is to become a new ‘tyre corporate member’ of the European Tyre & …

Yiyang to supply 12 internal mixers to Chinese tire maker
Added: 26 Oct 2018
Yiyang, China – ChemChina-owned Yiyang Rubber & Plastics Machinery has signed an order for 12 inter…

Dow introduces three new EPDM grades
Added: 26 Oct 2018
Midland, Michigan – Dow Chemical Co. has introduced three new Nordel EPDMs – two ‘extra filler load…