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EMEA costs-spike a trigger for Goodyear restructuring... Year-end demand, rainy season support rubber futures... Toyo posts 60% earnings hike...

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EMEA costs-spike a trigger for Goodyear restructuring

Closures of tire plants in Fulda and Furstenwalde will leave a major dent in US group's operations in Europe

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Year-end demand, rainy season support rubber futures

Main Far East markets make 'modest gains' last week amid lower trading activity

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Toyo posts 60% earnings hike on higher sales, lower costs

Tire maker's revenues buoyed by North America sales, as volumes grow 8% in region

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More news today on ERJ On-line

BASF in financial loan deal with tire recycler Pyrum... Hutchinson opening second Asian polymer technical centre... German chemical makers halt production slide at Q3 stage...

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Goodyear 'to close down two German tire factories'

Trade union IGBCE says more than 1,000 jobs to be impacted by moves

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Pirelli announces plans to expand Italian digital centre

Bari technology unit to see number of employees rise to 80 by 2025 from current 30

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Sumitomo Rubber points to recovery trends as cost pressures ease

Japanese group's Tire business delivers a more than eight-fold increase in earnings for first nine months

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Update: Ceat cleared to restart tire manufacturing plant

Indian tire maker had been directed to close down facility in Bhandup, Mumbai due to pollution issues

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Goodyear selling rubber business as part of 'transformation plan'

Dunlop brand and off-road tires also to be divested as strategy looks to double margins by 2025

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Goodyear's long-time leader Richard Kramer to retire

US tire maker also unveils 'transformation plan' to optimise portfolio, expand margins

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Tokai posts 77% increase in carbon black earnings

Volumes decline year-on-year amid 'bearish demand' in TBR replacement market

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ANRPC revises up rubber supply and demand forecasts

Improved outlook linked to adjustments in production estimates from association members, including China, Vietnam

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Metso to end rubber parts production in Sweden with planned factory closure

Starts negotiation process on plan to discontinue factory in Trelleborg

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Pirelli opens advanced tire R&D centre in Mexico

New Silao hub to focus on modelling, testing and specialties for North America

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Pirelli hit by low volumes, currency effects in third quarter

Italian tire maker reports declines in sales and earnings over three months to end of September

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Hexpol acquires US thermoplastic elastomers compounder

Acquisition of Star Thermoplastics 'will facilitiate Swedish group's entry to the US TPEs market...'

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Sumitomo Rubber revises up earnings forecast on automotive recovery

Lower freight costs and "lull" in rising raw material, energy costs drive significant earnings increase

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ETRMA welcomes progress on Euro 7 tire-abrasion rules

European Parliament vote reflects call for tire-emission regulations to be 'synchronised' with UN requirements

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Natural rubber futures markets stall amid uncertainty

Mixed signals from Far East markets reflect "uncertain and directionless trading..." 

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Bridgestone hit by slowing replacement demand in Europe, N America

Third quarter earnings down 9% year-on-year as tire markets confirm previously issued forecasts...

 

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ERJ Brainteaser: November

Question 4: Prime puzzle?
 

                           10 + 9 = 52
                             8 + 7 = 36
                             6 = 5 = 24
                             4 + 3 = 12
                             2 + 1 =  ?
 
Email your answer: correct replies on Friday.

ALSO OF INTEREST

Elastomers for Sustainability (E4S) focuses on projects contributing most to raising the environmental profile of the elastomers/rubber industry. If you would like to enter a project for the next Top 10 - to be published in ERJ Nov/Dec 2023 issue - please complete the submission form here.
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