According to Wacker, the group generates more than 40% of its sales in Asia, to which the business activities in Japan and South Korea are major contributors. The capacity expansion at Wacker’s ...
In December 2024, new EU car registrations rose by 5.1% with Spain leading the way with a double-digit 28.8% increase compared to December 2023. Every issue of European Rubber Journal (6 issues) ...
Additionally, Bridgestone is undertaking “business rebuilding” activities at its Latin America operations, including cutting jobs and production capacity at facilities and operations in Argentina and ...
Cairo – Chinese major tire group China National Tire & Rubber Co. (CNRC) is exploring two major expansion projects in Egypt, according to the Egyptian government. The projects were discussed during a ...
According to the industry association, the automotive supplier industry announced a “record” 54,000 jobs cuts during the year. The cuts, noted CLEPA, will mostly be carried out in the next two to five ...
Nokia, Finland – Vianor Oy, the tire and car service arm of Nokian Tyres, has announced temporary and permanent lay-offs as well as service point closures to address declining demand.
New Delhi – Epsilon Carbon has launched a new sustainable carbon black product line derived from end-of-life tires (ELTs). Developed over 24 months, Terrablack uses recovered carbon black (rCB) and ...
Brussels – European Union leaders have been urged to take ‘urgent action’ to help the automotive sector in its decarbonisation transition while protecting its competitiveness.
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Colmar Berg, Luxembourg – A dozen people have been hospitalised due to a “large-scale fire” at Goodyear’s tire manufacturing plant in Colmar Berg, according to the local fire department. The fire ...
Earnings margin fell from 14.4% reported in the third quarter of last year to 10.5% in fiscal year 2025, Ceat noted. “Rising raw material costs have impacted our margins, [but] we progressively passed ...
Nairobi – China’s Linglong Tire is planning to set up a factory in Kenya to serve the African market, according to Kenyan president William Samoei Ruto. In a 17 Jan social media post, the Kenyan ...