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Akron, Ohio – Goodyear has raised its estimate for the annualised cost-impact of trade tariffs to an estimated $350 million (€300 million) – up from an earlier projection of $300 million.
Urging the establishment of “permanent” raw materials dialogue, Engelhardt said the German rubber industry is dependent on the import of raw materials, especially natural rubber for which it is 100% ...
Bonn, Germany – German trade union the IGBCE has strongly criticised the recent trade agreement between the EU and the US: highlighting its potential damaging impact on European industry.
Also, a 22 May agreement to sell the majority of the Goodyear Chemical business to Gemspring Capital Management is expected to close in late 2025. Since its launch, the Goodyear Forward plan has ...
In the European TB segment, Bridgestone increased sales to break-even levels, with the aim of becoming profitable over the ...
Despite the weak first-half performance, Semperit said its operating results “significantly improved” in the second quarter as it recovered from a “weak order situation” at the beginning of the year.
Geneva, Switzerland – A Tire Industry Project (TIP) backed scientific review is calling for stronger research methods and harmonised testing to improve the measurement and assessment of tire wear ...
Brussels – Bekaert SA expects a decline in demand in the second half of 2025 due to a host of challenges, in particular the increase in trade tariffs in the US. “The introduction of tariffs and ...
Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has raised its full-year outlook following record results over the first six months of 2025. The Japanese group now expects revenue to come in at Yen1,235 ...
Houston, Texas – Orion SA has lowered its full-year earnings (EBITDA) forecast due mainly to demand headwinds and the influx of cheap tires into its key markets. The carbon black supplier now expects ...
Tokyo – Denka Co. has confirmed that its US chloroprene rubber unit, Denka Performance Elastomer LLC (DPE) in Louisiana, remains under indefinite production suspension and is being systematically ...
Osaka, Japan – Toyo Tire Corp. is increasing production at its plant in White, Georgia, to “fully utilise” its local US capacity as part of measures to counter expected tariff impacts on tire imports ...
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