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Financial

Natural rubber tree tapping
Financial
Recovery stalls as natural rubber futures dip

The steady recovery in natural rubber futures pricing seen over recent weeks has stalled for now as prices dipped before China's Golden Week holiday.

Ansell gloves_i.jpg
Financial
Ansell to slow production, cut jobs as demand wanes
Interiror of Goodyear tire manufacturing plant
Financial
Goodyear to cut jobs, divest Asia-Pacific locations

Goodyear is planning to retool its Asia-Pacific operations to a third-party distribution and retail sales model, with the goal of improving profitability in Australia and New Zealand.

Natural rubber tree tapping
Financial
Natural rubber futures show mixed performance

Natural rubber futures closed the trading week ended Sept. 15 with a mixed performance across major Far East exchanges.

Goodyear-sign_i.jpg
Financial
Goodyear targeting 1,200 job cuts in EMEA unit

Goodyear plans to cut 1,200 jobs throughout its Europe, Middle East and Africa region to make the business unit 'leaner, more efficient and customer-centric.'

Natural rubber hevea tree tapping
Financial
'Aggressive buying' pushes NR futures to eight-month high

Global natural rubber futures experienced significant gains across major exchanges during the trading week ended Sept. 1, with prices reaching an eight-month high.

Covestro Dupont_i.jpg
Financial
Analysts provide insight on Covestro, DuPont
KumhoLogo_i.jpg
Financial
Kumho's earnings double on 23% higher sales

Kumho Tire Co. is projecting record sales in the second half of 2023, based on a restructuring of its global distribution network and expansion of global production capacity.

Tire imports-main_i.jpg
Financial
Tire imports down double-digits for second straight quarter

Imports of tires into the U.S. fell by double-digits in the three- and six-month periods ended June 30, with the commercial truck/bus tire sector being hardest hit.

pirelli-main_i.jpg
Financial
Pirelli upgrades earnings forecast after solid start

Based on its first half showing—particularly on price-mix—Pirelli upgraded its full-year forecast.

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