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Michelin reports higher profits... Goodyear sees slight earnings rise in EMEA... Enviro finalises plan for tire recycling unit in Sweden...

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Michelin reports higher profits in 'unfavourable' market conditions

Price-mix effect offsets impact of lower volumes driven by "massive destocking" across every segment

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Goodyear sees slight earnings recovery in Europe

But woes continue amid destocking, weak industry conditions and low-cost imports

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Dips and turns in store for synthetic rubber market

Global SR market finds itself at a crossroads as we journey into 2024, writes Karan Chechi, founder & director at ChemAnalyst

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More news today on ERJ On-line

Dow leader sees brighter prospects for silicones in 2024... Enviro finalises plan for large-scale waste tire recycling unit in Sweden... GRI advances sustainability with 87% eco-friendly farm tires... 

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Cabot sees 30% rise in reinforcement materials earnings

Increase mainly driven by improved unit margins from higher pricing and improved product mix

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US cuts antidumping duties on Korean tires

Decision earlier this month to affect three major Korean manufacturers Hankook, Kumho and Nexen

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Rubber futures dip ahead of Chinese new year

Prices largely stayed within a narrow range, according to Japan Exchange Group

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Tire Tracker: Fitments, testing, innovation

Tire Cologne to run diagnostics and repair workshops... One million trips on Conti's tire braking test facility... Yokohama's Geolandar G91 on Subaru Forester... Mercedes-Benz taps Conti... 

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Major tire makers named in US 'price fixing' lawsuit

Claimant alleges "defendants coordinated price increases, including through public communications..."

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ZC Rubber details plans for Mexico tire factory

Chinese tire maker looking to build a manufacturing plant and warehouse in Saltillo

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Enviro finalises plan for large-scale waste tire recycling unit in Sweden

Announces final investment decision with JV partners Antin, Michelin for Uddevalla plant

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HF smart-tech raises efficiency of final mixing process

AI-based technology shown to deliver average 20% throughput-increase for final mixing processes

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Electric vehicle transition 'driving up' scrap tire arisings

Recyclers' group estimates that the US will produce more than 350m scrap tires a year by 2030

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Hankook issues statement about Hanon Systems shares-position

Acquired stake in South Korean-based supplier of automotive climate control systems from Visteon in 2015

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Trelleborg acquires 'prominent' medical rubber products maker

Baron Group to strengthen Swedish group's position in healthcare & medical segments

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Evonik expanding US precipitated silica production to meet tire demand

The 50% additional capacity to be also used in other industries in North America

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Nokian Tyres results set 'solid foundations' for 2024

Finnish tire maker sees strong rebound in operating profit in final quarter of year

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Rockwell, Michelin strengthen digital-manufacturing link-up

Enhanced collaboration focused on digitalisation of tire maker's manufacturing processes

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ZC Rubber launches project to build tire factory in Indonesia

Production to "meet the demand of both local consumers and key overseas markets such as the US..."

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Zeon's elastomers business held back by slow latex demand in third quarter

Synthetic rubber volumes however picked up during the final three months of last year

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ERJ Brainteaser: February

Question 2: This is not easy

Clues: Add, multiply, halve...
 

Please note:

Due to staff holidays, the next ERJ Brainteaser will be issued on 26 Feb.



 

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 May/June 2024 issue - please complete the submission form here.
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