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Wacker Chemie Cuts Outlook As Weak Demand Hits Q3 Earnings
October 30, 2025
German chemicals producer Wacker Chemie has lowered its 2025 full-year guidance after reporting a 23% drop in third-quarter profit to €112 million, hit by soft demand, lower prices, and intense competition from China. Sales declined 6% to €1.34 billio
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Nokian Tyres To Cut 80 Jobs, Lay Off 650 Workers Temporarily In Restructuring
October 30, 2025
Nokian Tyres is implementing significant workforce adjustments to enhance operational efficiency and financial performance. The company will cut 80 permanent white-collar jobs and temporarily lay off 650 employees across its Finnish production facilities.
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Nexen Tire Stages Two-Phase Launch For Flagship N’Priz S And N’Fera Sport Tyres
October 30, 2025
Capitalising on a period of significant growth, Nexen Tire is strategically introducing two new passenger tyres, the N’Priz S and the N’Fera Sport, through a comprehensive two-stage launch. This initiative represents one of the company's most substant
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Pirelli Solidifies Position As Best All-Season Tyre Manufacturer
October 30, 2025
Pirelli has solidified its position as the premier all-season tyre manufacturer after being named the Best All Season Manufacturer of the Year by two authoritative German bodies: the Automobilclub von Deutschland (AvD) and the renowned publication, Auto B
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Trinseo Wins ARN Award For Sustainable ELV Recycling
October 30, 2025
Trinseo has won the prestigious ARN Award at the 2025 ARN Relatiedag in the Netherlands for its leadership in advancing sustainability within the end-of-life vehicle sector. Johan Koopmans, Sustainable Feedstock Sourcing Manager of SBS, accepted the award
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Hankook Tire Announces Partnership With Tomorrow’s Golf League
October 29, 2025
Hankook Tire is embarking on a new venture as the inaugural Official Tire and Founding Partner of the U.S.-based simulation golf league Tomorrow’s Golf League (TGL), beginning with its second season. This alliance is built upon a common dedication to cu
