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Denka Records USD 108 Mln Impairment Loss, Halts US Chloroprene Rubber Production
May 16, 2025
Denka Company Limited will record an extraordinary loss of ¥16.1 billion (~£85.8 million) as it indefinitely suspends chloroprene rubber production at its U.S. subsidiary, Denka Performance Elastomer (DPE). The Louisiana facility, acquired from DuPont i
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Yokohama Rubber Posts Sharp Profit Drop Despite Revenue Growth in Q1
May 16, 2025
Yokohama Rubber reported a sharp 56.9% drop in Q1 2025 profit, despite a 9% rise in sales revenue to ¥275.12 billion. The decline is largely due to one-time acquisition costs from its ¥143 billion purchase of Goodyear’s OTR tyre business in February.
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Nynas Delivers Robust 2024 Performance, Outlines Strategy Through 2035
May 16, 2025
Swedish speciality chemicals firm Nynas delivered a strong performance in 2024, with an Adjusted EBITDA of SEK 1,333 million, slightly surpassing 2023 figures. The company credits its financial success to improved operational efficiency and a focused stra
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JK Tyre Launches India’s First PCR Tyre With ISCC Plus-Certified Sustainable Material
May 15, 2025
JK Tyre & Industries Ltd has strengthened its position as a leader in sustainable tyre technology and a conscientious partner in India's green industrial journey by commencing production of its ‘UX Royale Green’ passenger car tyres at its Chennai Tyre
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Apollo Tyres Flags Off Apollo Tyres Healthcare Express
May 15, 2025
Apollo Tyres has launched the ‘Apollo Tyres Healthcare Express’, a mobile medical unit designed to monitor the health of truckers and the surrounding community. C Thomas Mathew, plant Head, Chennai Plant, Apollo Tyres Ltd, flagged off the unit, which
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Tadej Pogačar Joins Continental As New Global Brand Ambassador
May 15, 2025
World-class cyclist and multiple Tour de France champion Tadej Pogačar has joined Continental as its new global ambassador.
