Earnings (EBITDA) for the quarter ended 31 Dec 2024, was up marginally at $147 million, compared to $146 million a year ago, Cabot reported 3 Feb. Volumes for the period grew 1% overall, reflecting a ...

The Kiel Institute for the World Economy (IfW) used its trade model to examine the effects of tariffs on overall economic growth. The Kiel study forecasts “serious economic disruptions in North ...

Tokyo – Bridgestone Corp., materials specialist Eneos Materials and EPC engineering company JGC Holdings are accelerating their collaboration toward the commercialisation of tires made from ...

Akron, Ohio – Goodyear expects to cut 850 jobs at its Danville production facility as it plans to repurpose the truck & bus radial tire factory for the production of aircraft tires and mixing.

Russian manufacturers are now mostly selling their carbon black in Asia, according to PCBL finance chief Raj Gupta, and that is “impacting our margins.” “If they don't sell to their regular customers, ...

Nokia, Finland - Nokian Tyres plc has posted an overall increase in both sales and earnings (EBITDA) for 2024, due largely to “solid growth” in central Europe. Earnings came in 7.6% higher ...

Washington, DC – In the US, the Vehicle Suppliers Association (MEMA) has “echoed the profound concerns” expressed by sectors ...

Zeon Corp. has announced that it is temporarily freezing its investment plan for the construction of a Li-ion battery binders production line in the US. The plan to buil ...

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has completed the acquisition of Goodyear’s off-the-road tire business, valued at $905 million (€878 million), the Japanese group reported 4 Feb. The ...

Brussels – The European Commission leader and executives of vehicle manufacturers in the region have highlighted a “sense of urgency” in strengthening Europe’s car industry’s global competitiveness.

Brussels – The European chemicals industry remains at a “competitive disadvantage” compared to the US, China and the Middle ...

Frankfurt, Germany – The German rubber industry association (WDK) has expressed disappointment with the economic policies proposed by political parties ahead of the federal election, scheduled for 28 ...