European Rubber Journal Report See All Staff Page Recent Stories VDMA: EU's PFAS ban 'overshooting the mark' The German engineering association, VDMA, is calling on the European Union to reconsider proposals to ban around 10,000 per- and polyfluorinated substances (PFAS). NR futures show mixed outlook amid quiet trading Natural rubber futures presented a mixed outlook in the trading week to June 5 amid quiet trading activities on major exchanges. Kuraray anticipates 2023 operating loss for isoprene unit Kuraray expects its isoprene business unit to record an operating loss in 2023 due to lower volumes. Toyoda Gosei sees increase in 2022 profits, expects upward trends into 2023 Toyoda Gosei reported a slight increase in 2022 annual profits. The Japan-based automotive parts manufacturer expects the positive trend to continue. Heat wave impacts NR production levels Global NR production shrank 6.7 percent in April—significantly impacted by a heat wave amid the seasonal leaf-fallig period, according to the ANRPC. Avon Protection earnings up despite 'slower-than-expected' sales Avon Protection has reported significant earnings improvement in the first half of its financial year ending March 31. Rubber futures close low as demand in China slows Natural rubber futures closed lower the week ended May 26. Rubber prices faced selling pressures amid slower demand. Trelleborg to build marine equipment manufacturing facility in Vietnam Trelleborg Group is investing in a new manufacturing facility in Vietnam to produce equipment for marine infrastructure as part of a larger restructuring plan. NR production sees slower growth in April Global natural rubber production posted slower growth in April, according to the Association of Natural Rubber Producing Counties' May 18 report. Committee seeks probe of Goodyear labor practices The Mexican government has been asked to investigate alleged breaches of labor rights at Goodyear's tire factory in San Luis Potosi in central Mexico. Tokai Carbon sees Q1 carbon black business boost Tokai Carbon has seen an 89-percent lift to its carbon black business for the first quarter of 2023 on higher sales. Arlanxeo plans Saudi Arabian SR production plant Arlanxeo plans to build a 140,000-metric-ton synthetic rubber production plant in Saudi Arabia to "grow in a competitive market." Zeon anticipates recovery in second half of 2023 Despite posting a major dip in operating profit for its fiscal year 2022 with challenges ahead, Zeon Corp. sees signs of recovery for the second half of 2023. Sumitomo Chemical ending SSBR, EPDM production Sumitomo Chemical plans to double its core operating income within the next two years. It plans to do so, in part, by ending SSBR and EPDM production. NR futures mixed as markets adjust to uncertainties Natural rubber futures closed mixed on major exchanges during the trading week ended May 12. Load More
