Average raw-material costs increased 9% quarter-on-quarter, following a 22% increase in the preceding quarter, according to the company. "We have seen a staggering 30% increase in the last six months, ...
German rubber industry association WDK has called for a rubber raw-material strategy for Germany and Europe, including ...
Jiaozuo, China – Aeolus Tire swung to a third-quarter loss as rising raw-material costs and losses from its investment in Prometeon Tyre Group weighed on earnings. The Chinese tire maker reported a ...
Net sales declined 2.3% year-on-year to $4.54 billion, while tire unit volumes fell 3.3% to 38.6 million units, Goodyear reported 4 Nov. Excluding the divestments of its Chemical business and the ...
Lubrizol has started production of medical-grade Isoplast thermoplastic polyurethane (TPU) at its Songjiang manufacturing facility in Shanghai, expanding its local supply capabilities for medical ...
Bridgestone and Japanese autonomous vehicle developer ‘eve autonomy’ are testing airless tires on Level 4 autonomous transport vehicles at Bridgestone's Nasu plant in Japan. The partners announced 29 ...
Net profit attributable to shareholders fell to CNY552 million (€75 million), despite an 8.6% increase in revenue to CNY10.8 billion, according to the tire maker's 31 Oct financial report. Sailun ...
Wuxi, China – Jiangsu General Science Technology is planning to invest up to $295 million (€266 million) in a new tire manufacturing facility in Egypt. The Chinese tire maker said in a 30 Oct ...
Guiyang, China – Guizhou Tyre has increased daily production to around 9,000 units at its new passenger tire facility in Vietnam, as the project continues to ramp up towards its annual capacity of 6 ...
Frankfurt, Germany – German mechanical engineering association VDMA has called for changes to the EU's carbon border adjustment mechanism (CBAM), warning that its reporting requirements are placing a ...
Researchers at Queen Mary University of London are developing new methods to predict and reduce tire wear, with findings already informing development programmes at major tire manufacturers and ...
The US National Highway Traffic Safety Administration (NHTSA) has launched a review of federal tire safety standards, marking ...
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