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Sumitomo Chemical to Sell Stake in Petro Rabigh, Take Loss on Debt Waiver
August 07, 2024
Sumitomo Chemical Co. Ltd. said Tuesday that it will sell a 22.5 percent stake in its Saudi Arabian joint venture, Petro Rabigh, to Saudi Aramco for a
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Continental to Focus on Tyre and ContiTech After Automotive Spin-Off
August 06, 2024
Continental AG plans to spin off its automotive group to create a standalone company focused on software-defined and autonomous vehicles. The tyre and
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Bridgestone to Invest $180 Mln in Kitakyushu Plant Upgrade
August 06, 2024
Bridgestone said that on Tuesday, it will invest USD 180 million in upgrading equipment at its Kitakyushu plant, which produces tyres for mining and c
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Orion’s Mixed Quarter: Specialty Carbon Black Shines, Rubber Segment Lags
August 06, 2024
Orion SA reported a complex performance in the second quarter, marked by strength in its specialty carbon black segment and weakness in the rubber seg
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Solvay Profit Rises as Costs Fall
August 06, 2024
Solvay SA saw a significant rise in profit, driven by a strategic reduction in costs
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JK Tyre Posts 37% Profit Jump in Q1
August 05, 2024
JK Tyre & Industries reported a 37.3 percent rise in net profit for the first quarter ended 30 June, driven by higher margins.
