Earnings (EBITDA) fell 41% year-on-year to €1.8 billion, while operating results (EBIT) drastically declined to €272 million, from €2 billion reported in 2024. Adjusted EBIT came in 8% below the prior ...

Hiratsuka, Japan – Yokohama Rubber Co. (YRC) expects further growth in both sales and earnings in fiscal 2026, following record results in 2025. For the year ending 31 Dec 2026, YRC forecasts revenue ...

Pune, India – Nitta Corp. has completed the construction of a new factory at the existing site of its subsidiary Nitta Corp. India (NCI) in Haveli, Pune, western India. The facility has a site area of ...

Nokia, Finland – Nokian Tyres has launched what it describes as the “world’s first” studded winter tire that automatically adapts to changes in temperature. Introducing an “entirely new” type of ...

Zeon said the development of “novel, makeable molecules” is important in addressing challenges in areas including human ...

Milan, Italy – Pirelli & C. SpA has met its 2025 targets, reporting stable sales of €6.77 billion and improved profitability despite forex volatility, tariffs and input cost inflation. Full-year sales ...

Riyadh – Saudi Basic Industries Corp. (Sabic) has signed a deal with Pirelli and its Saudi joint venture partner Public Investment Fund (PIF) for the supply of raw materials for a greenfield tire ...

Moscow – Cordiant Holding has forecast a 17% decline in Russia’s passenger car tire market for 2025, linking the downturn directly to weaker vehicle demand. The outlook was outlined by marketing ...

Tokyo – Eneos Materials Corp. has announced a price increase for all latex products, citing higher production costs and raw material inflation. The Japanese supplier will raise prices by Yen28 or more ...

Mumbai – Balkrishna Industries Ltd. (BKT) has announced a INR35 billion (€325 million) investment programme to support its entry into India’s consumer tire market, starting with two-wheeler products ...

Gothenburg, Sweden – Scandinavian Enviro Systems AB (Enviro) is to “apply for a company reorganisation” at Gothenburg District Court and has “sufficient liquidity” to operate over the first three ...

Houston – Orion SA’s Rubber Carbon Black segment has reported higher volumes but lower sales and earnings in 2025, as ...