Qingdao, China – Sailun Group has signed a five-year supply and global framework agreement with mining major Rio Tinto for the Guinea-based Simandou iron ore project. The agreement, which runs from ...

Mumbai, India – Ceat Ltd has seen its fourth quarter earnings (EBITDA) fall due mainly to higher raw materials costs and despite higher sales. The Indian group posted consolidated earnings of INR 3.9 ...

The proposed greenfield plant is expected to provide “significant tax advantage as earnings would be subject to a lower tax rate of 17.2%.” The new facility is part of PCBL’s broader strategy to ...

The first tires rolled off production lines at the greenfield plants in Central Java, Indonesia, and Guanajuato, Mexico, in late May, the Chinese tire maker said in social media posts. Every issue of ...

London – The UK’s Tyre Recovery Association (TRA) has submitted a comprehensive dossier of evidence to the Environment Agency (EA), renewing its call for urgent regulatory reform in the treatment and ...

Asahi Kasei expects the process to result in a Yen25 billion (€150 million) extraordinary loss for the fiscal year ending March 2026. Every issue of European Rubber Journal (6 issues) including ...

Tokyo - Natural rubber (NR) futures ended the final trading week of May "sharply lower" across all major exchanges with increased trading volume.

In a 30 May securities disclosure, Hankook stated that a current executive, identified as "Cho," was sentenced to three years in prison on charges of occupational embezzlement and breach of trust. As ...

Akron, Ohio – Goodyear Tire & Rubber Co. is raising $500 million (€440 million) through a five-year senior notes offering, the US tire maker announced 29 May. The notes, priced at 100% of face value, ...

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has announced that it has ‘eliminated’ counterfeit versions of its aluminium wheels for Advan racing tires in China.

Essen, Germany – Evonik aims to raise its adjusted earnings (EBITDA) by €1 billion by 2027 under a new strategic setup, the ...

Bhuj, India – Balkrishna Industries Ltd (BKT) has unveiled a INR35 billion (€360 million) three-year investment plan aimed at ...