Breaking down segment performance, Nokian reported a 7.3% year-on-year increase in passenger car tire sales during the first quarter to €174 million. Meanwhile, the segment's operating loss widened ...

Hanover, Germany – Continental AG has reported a strong first quarter in its Tires group sector, while industrial and materials arm ContiTech was hit by weak industrial demand.

Schwertberg Austria – Engel has strengthened its market presence in Americas with the opening of anew production facility in Queretaro, Mexico. The move marks “a substantial expansion” of Engel’s ...

Northville, Michigan – Cooper Standard Holdings has doubled adjusted earnings (EBITDA) in the first quarter of 2025, despite lower overall sales. The Northville parts supplier posted earnings of $58.7 ...

The energy & petrochemicals major disclosed its ‘transformation’ plan for Versalis last October: including an exit from ...

Milan/Stockholm – Pirelli has agreed to sell its Nordics distribution arm Daeckia AB to CTS, a Stockholm-based independent tire service company.

Oslo – Elkem ASA has reported a significant improvement in first quarter earnings (EBITDA) within its silicones division, which is currently under strategic review. Earnings for the three months to ...

Seoul – Nexen Tire has reported “record high” quarterly sales in the first three months of 2025, due largely to higher volumes in Europe. The South Korean tire maker posted sales of KRW771 billion ...

Berlin – The German rubber industry association (WDK) has called for the ‘immediate’ implementation of an economic overhaul in the country. Speaking at a 29 April “rubber industry day” event in Berlin ...

Midland, Michigan – Dow Inc. has extended a previously announced review of its European assets as part of a move to reduce ...

Despite the mixed performance, the business area achieved its highest quarterly earnings at SEK645 million, up 5% ...

Seoul – LD Carbon has inaugurated what it describes as South Korea’s “first and largest” waste tire pyrolysis plant in Dangjin, to the east of the country. Set to begin full-scale operation next month ...