Akron, Ohio – Goodyear Tire & Rubber Co. is raising $500 million (€440 million) through a five-year senior notes offering, the US tire maker announced 29 May. The notes, priced at 100% of face value, ...

Tokyo - Natural rubber (NR) futures ended the final trading week of May "sharply lower" across all major exchanges with increased trading volume.

In a 30 May securities disclosure, Hankook stated that a current executive, identified as "Cho," was sentenced to three years in prison on charges of occupational embezzlement and breach of trust. As ...

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) has announced that it has ‘eliminated’ counterfeit versions of its aluminium wheels for Advan racing tires in China.

Guangrao, China – China’s Shandong Yongsheng Rubber Group has announced plans to build a tire manufacturing plant in Morocco to become the second Chinese manufacturer with a production base in the ...

Brussels – New EU car registrations grew 1.3% year-on-year in April to 925,359 units, showing “signs of recovery” despite the unpredictable global economy, the latest data published by European ...

The favourable impact of foreign exchange rates amounted to €2.8 million, of which the US dollar accounted for €2.3 million. Akwel said vehicle output contracted in most major manufacturing countries ...

Essen, Germany – Evonik aims to raise its adjusted earnings (EBITDA) by €1 billion by 2027 under a new strategic setup, the ...

Bhuj, India – Balkrishna Industries Ltd (BKT) has unveiled a INR35 billion (€360 million) three-year investment plan aimed at ...

Ponta Grossa, Brazil – ContiTech AG has officially completed an expansion project at its conveyor belt production facility in ...

The company will invest ZAR15 million (€740,000) to set up Aeolus Tyre South Africa Pty Ltd, based in Johannesburg, and AUS$2.4 million (€1.4 million) to establish Aeolus OTR Australia Pty Ltd, based ...

Tokyo – Zeon Corp. has won a court case in China over the infringement of its intellectual property rights by Shenzhen Haodyne Technology Co., a Chinese-based manufacturer of battery materials.