Frankfurt am Main, Germany – Germany's rubber-product manufacturers saw a nearly 2% year-on-year decline in sales last year, ...

Overall, continued the Apollo executive, the consumer tire capacity addition will be "just about 10% or a little less." According to the finance chief, the company’s truck & bus tire utilisation rates ...

Subscribe for unlimited access. A subscription to European Rubber Journal includes: Every issue of European Rubber Journal (6 issues) including Special Reports & Maps. Unlimited access to ERJ articles ...

Adjusted earnings (EBITDA) for the full-year came in at $180.7 million, or 6.6% of sales, representing an increase of $13.6 million versus 2023, according to Cooper-Standard’s report issued 13 Feb.

Hamburg, Germany – German distributor Biesterfeld has expanded its Asian footprint with the acquisition of the distribution division of Singapore-based Tat Lee Engineering pvt Ltd.

Subscribe for unlimited access. A subscription to European Rubber Journal includes: Every issue of European Rubber Journal (6 issues) including Special Reports & Maps. Unlimited access to ERJ articles ...

Frankfurt, Germany – Continental’s Automotive group, which is currently being carved out as a separate entity, is planning to cut 3,000 R&D jobs globally by end of 2026.

Buehl, Germany – German supplier of antivibration and damping systems GMT Gummi-Metall-Technik has divested its aerospace division to TriMas Corp., a Michigan-based manufacturer of engineered products ...

Malmo, Sweden - Hexpol AB is acquiring an 80% stake in Turkish cable compounder Kabkom Kimya Sanayi ve Ticaret Anonim Sirketi (Kabkom) for €54 million. Headquartered in Izmir, the company is “the ...

In the Americas, Goodyear improved full-year segment operating income by 24.5% year-over-year to $933 million, with margins ...

Tokyo – Fukoku Rubber has revised down its earnings and sales forecasts for fiscal 2024 (ending 31 March), due in part to the closure of its Chinese antivibration parts subsidiary. The Japanese ...