Washington DC - The US Department of Commerce has proposed a countervailing duty rate of 125% on Jiangsu General Science Technology Co. The move follows the Chinese tire maker's decision not to ...

Mumbai, India – A planned reciprocal tariff on imports from Sri Lanka into the US has thrown uncertainty into Ceat’s plans to expand its presence in the country. The US has imposed a 44% import duty ...

Boston, Massachusetts – Cabot Corp.’s reinforcement materials segment has reported an 11% year-on-year decline in second quarter earnings (EBITDA) to $148 million (€131 million) on 12% lower sales of ...

Akron, Ohio – Goodyear has reported lower sales and earnings for the first quarter of 2025, despite gains linked to its ongoing ‘Goodyear Forward’ rationalisation plan. The US tire maker posted a 21% ...

Akron, Ohio – Goodyear Tire & Rubber Co. has completed the previously announced sale of its rights to the Dunlop brand to Sumitomo Rubber Industries (SRI), the US tire maker announced 7 May.

Breaking down segment performance, Nokian reported a 7.3% year-on-year increase in passenger car tire sales during the first quarter to €174 million. Meanwhile, the segment's operating loss widened ...

Northville, Michigan – Cooper Standard Holdings has doubled adjusted earnings (EBITDA) in the first quarter of 2025, despite lower overall sales. The Northville parts supplier posted earnings of $58.7 ...

The energy & petrochemicals major disclosed its ‘transformation’ plan for Versalis last October: including an exit from ...

Hanover, Germany – Continental AG has reported a strong first quarter in its Tires group sector, while industrial and materials arm ContiTech was hit by weak industrial demand.

Schwertberg Austria – Engel has strengthened its market presence in Americas with the opening of anew production facility in Queretaro, Mexico. The move marks “a substantial expansion” of Engel’s ...

Milan/Stockholm – Pirelli has agreed to sell its Nordics distribution arm Daeckia AB to CTS, a Stockholm-based independent tire service company.

Oslo – Elkem ASA has reported a significant improvement in first quarter earnings (EBITDA) within its silicones division, which is currently under strategic review. Earnings for the three months to ...