Nashville, Tennessee – Hankook Tire is on track with a €1.6-billion project to increase production capacity for passenger car and light truck (PC/LT) and truck & bus radial tires at its US plant in ...
Munich, Germany – Wacker Chemie AG expects to see growth across all its divisions in 2025, including a significant increase in volumes within its silicones business. For 2025, the Munich-based group ...
Tokyo – Eneos Materials Corp. is studying the suspension of production of synthetic resins at its Jushi plant in Japan, due to a wider group restructuring of refinery operations.
Kuala Lumpur – The global natural rubber (NR) production is set to increase marginally in 2025, after registering a 3.5% year-on-year increase in 2024, according to the latest data by the Association ...
Shanghai, China – Red Avenue New Materials Group is planning to build a rubber chemicals production unit in Thailand, the ...
Brasilia – Brazil is set to extend antidumping duties on the imports of Chinese car tires, according to a recent ruling by the country’s foreign trade office.
Nokia, Finland – Nokian Tyres plc is focusing on the fast ramp-up of its recently opened factory in Romania and improving profitability, according to President and CEO Paolo Pompei who took over at ...
The US tire distributor, it stated, is “set to accelerate growth” with a focus on its core tire distribution business. Backed ...
Frankfurt, Germany – German Chemical Industry Association (VCI) has called on the new federal government to prioritise economy and competitiveness in its policy making, as the industry ended 2024 with ...
Santa Ana, California – This year could be a "rollercoaster ride" for the North American commercial truck tire market, believes Dan Funkhouser, vice president of commercial tire sales at Yokohama Tire ...
Kobe, Japan – Sumitomo Rubber industries (SRI) has unveiled its long-term management strategy (Rise 2035), which will see the group intensifying its focus on tire 'premiumisation' and its non-tire ...
Washington – In its latest market forecast, the US Tire Manufacturers Association (USTMA) has projected total US tire shipments to reach 340.4 million units in 2025. The February 2025 forecast ...
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