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 ...

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 ...

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 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 ...

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 ...

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

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.

Guangrao, China – China’s Shandong Yongsheng Rubber Group has announced plans to build a tire manufacturing plant in Morocco to become the second Chinese manufacturer with a production base in the ...

Brussels – New EU car registrations grew 1.3% year-on-year in April to 925,359 units, showing “signs of recovery” despite the unpredictable global economy, the latest data published by European ...