News

New Delhi – The Indian tire industry is set to grow at a CAGR of 11-12% over the next decade, driven by high domestic demand, ...
Seoul - Nexen Tire has reported a 32% year-on-year decline in second quarter earnings, due mainly to the impact of 25% US tariffs on auto parts, in place since early May.
London – UK's new vehicle manufacturing declined by 11.9% year-on-year to 417,232 units in the first six months of the year, according to the latest figures published today by the Society of Motor ...
Seoul – Hyosung Advanced Materials Corp. (HAMC) has confirmed Bain Capital Private Equity (Asia) LLC as the preferred bidder for its steel tire cord business, following a media report suggesting a ...
Jiyuan, China - Jiyuan Hongxin Rubber Composite Material Technology is planning to build a water-based full-formula wet-mixed 'nano-rubber composite' material production line, according to an ...
Melbourne, Australia – Waste tire pyrolysis technology supplier Klean has completed a trial production of sustainable fuel from end-of-life tires (ELTs) at Viva Energy’s oil refinery in Geelong, ...
Baar, Switzerland – Forbo Group has reported a significant decline in first-half operating profit, due mainly to higher costs and underutilised assets. Operating profit for the first six months of the ...
Brussels – The European Commission has launched an in depth investigation into a €12 billion deal by Abu Dhabi National Oil Co. (Adnoc) to take over German chemicals group Covestro. ( ERJ report) In a ...
Brussels – The European replacement tire market remained weak in the second quarter of 2025 amid a “challenging economic and geopolitical environment,” according to the latest data from the Tyre and ...
Frankfurt, Germany – The German rubber industry continues to face structural challenges, despite an improved trend in orders in the first half of 2025, according to a mid-year economic survey by ...
As part of this partnership, GRI's agricultural tires underwent “extensive testing,” focusing on performance metrics such as traction, fuel consumption, slippage, self-cleaning, soil compaction, and ...
Frankfurt, Germany – The German chemicals industry is grappling with a worsening downturn, marked by faltering demand, cost pressures and long-standing structural issues, according to the latest ...