Colmar Berg, Luxembourg – Eleven people have been hospitalised due to a “large-scale fire” at Goodyear’s tire manufacturing plant in the Luxemborug town of Colmar Berg, according to the local fire ...

Earnings margin fell from 14.4% reported in the third quarter of last year to 10.5% in fiscal year 2025, Ceat noted. “Rising raw material costs have impacted our margins, [but] we progressively passed ...

Brussels – European Union leaders have been urged to take ‘urgent action’ to help the automotive sector in its decarbonisation transition while protecting its competitiveness.

Nairobi – China’s Linglong Tire is planning to set up a factory in Kenya to serve the African market, according to Kenyan president William Samoei Ruto. In a 17 Jan social media post, the Kenyan ...

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has begun practical testing of a technology that uses artificial intelligence (AI) to gauge air pressure of tires by tapping them.

Houston, Texas – Orion SA has launched 'discrete job cuts' to improve its rubber carbon black segment structurally, amid soft demand in Europe and North America. The Houston-based supplier noted weak ...

Seoul – Kolon Industries is expanding its tire cord production facility in Binh Duong Province, Vietnam to increase manufacturing capacity at the site by nearly 60%.

Cuenca, Ecuador – Continental Tire Andina SA is adjusting its working schedule at its manufacturing plant in Cuenca, due to low utilisation rates and slow market demand. Starting January, the facility ...

Tokyo – Natural rubber (NR) futures were generally weak in the first trading week of January, due in part to speculative sell-offs and long liquidations the month before. The trading week ended 3 Jan ...

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Trang Bang Town, Vietnam – Mesnac has broken ground on a new tire mould and machinery production facility in Trang Bang Town, in the southeastern Vietnamese province of Tay Ninh. The project marks a ...