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YRC eyes "hockey stick growth"... Orion C black earnings rise... Denka revises down outlook... Freudenberg Medical expanding in Costa Rica...

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Yokohama Rubber targets 'hockey stick growth' by 2026

Japanese group allocating nearly €2bn for strategic investments and investments in ongoing operations

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Orion increases rubber carbon black earnings despite lower sales

Volumes declined due to subdued demand in most regions, including Americas and EMEA 

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Denka revises down profit forecast on lower rubber production, weak demand

Chloroprene rubber producing plant at Omi hit by earthquake on New Year's Day

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ERJ: News stories of the week

Most widely-read news reports posted on the European Rubber Journal website over the last seven days

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More news today on ERJ On-line

Henkel to acquire US sealing specialist Seal for Life... Freudenberg Medical building second production plant in Costa Rica... Kumho targets 100% sustainable materials goals by 2045... 

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Trelleborg names new sealing solutions leader, to create medical business unit

Jürgen Bosch to take over as TSS president; Linda Muroski to lead newly created medical unit

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Goodyear earnings, sales fall amid lower tire volumes, high costs

US tire maker cut production at many facilities to address "softening industry demand", prevent "buildup of excess inventory"

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Elkem reports fourth quarter recovery in silicones

Full-year results reveal sharp decline in earnings development of business unit

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Tokai unveils €350m investment plan in carbon black business

Business unit reports earnings growth of 43% during 2023 despite lower volumes

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Nexen Tire reports record annual sales level

Korean tire maker continues "expansion of distribution base" ahead of establishing a plant in US

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EU approves Pirelli's tire joint venture in Saudi Arabia

The $550m passenger car tire facility set to commence operation in 2026

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Towards Net Zero - ERJ January/February

Birla plants in US, Korea gain ISCC+ certification... YRC commits to science-based targets initiative... Pirelli gains 'highest level recognition' by S&P Global... Momentive certifies renewable carbon silane... Nokian acquires "leadership-level score" from CDP

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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 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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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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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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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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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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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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