Akron, Ohio – Goodyear has raised its savings target from an ongoing transformation plan to $1.5 billion (€1.37 billion), up 50% compared to the original $1 billion announced late last year.

Vienna / London – AI mobile data firm Anyline has formed a partnership with TyreSafe, a UK organisation dedicated to raising awareness about the critical role of tires in road safety.

But, it added, supply is set to tighten in the NR market due to disruptions to production caused by recent typhoon Yagi and flooding in growing regions in China, Thailand and Vietnam. ANRPC went on to ...

Tokyo - Automotive components supplier Toyoda Gosei (TG) has reported improvements in both sales and earnings at its European operation during the second quarter of its fiscal year. Group-wide, ...

According to CGT, all three Michelin sites have seen significant cost-saving measures since 2019, with employee numbers cut by: 112, or 28% at Vannes; 368, or 28% at Cholet; and 85, or 35% at Joué-lès ...

Stockholm – Hexpol AB has reported a 14.0% decline in third quarter earnings (EBIT) to SEK800 million (€70.0 million) on ...

Aura, Finland – Reka Industrial has reported a weak third quarter as uncertainty in the market has led to lower order volumes. For the quarter ended 30 Sept, the Finnish group, which currently only ...

Meanwhile, FST’s new battery cell cap has been designed with an elastomeric sealing to improve the performance and safety of prismatic and cylindrical battery cells. Developed in collaboration with ...

Kuala Lumpur - Malaysia's natural rubber (NR) production for the month of August grew 14.9% year-on-year to just under 36,000 tonnes, according to latest official data. Output for the month was, ...

Nokia, Finland – Nokian Tyres plc has reported a 13.6% year-on-year increase in third quarter net sales to €313.6 million and earnings (‘segments operating profit’) up 55.1% to €30.4 million. The tire ...

Indeed, the UK’s second largest manufacturing exporting sector “has seen growth almost disappear,” in the third quarter of ...

Yeosu, South Korea – Kumho Mitsui Chemicals has start up an expansion project to add capacity for methylene diphenyl diisocyanate (MDI) in Yeosu, in the southern coast of South Korea. The plant, a ...