• Pirelli Reports Strong Third-Quarter Earnings

    November 12, 2024

    Pirelli, a leading tire manufacturer, reported strong financial results for the third quarter of 2024. The company's adjusted EBIT increased by 4.4%, driven by factors such as increased sales volumes, favorable product mix, and improved operational effici

  • Hankook & Company Group Acquires Hanon Systems

    November 12, 2024

    Hankook & Company Group (previously Hankook Tire Group) signed share purchase agreements (SPA) with Hahn & Company on 31 October to acquire Hanon Systems, a leading manufacturer of automotive components and one of the world’s largest suppliers of vehicl

  • Orion Reports Q3 Loss, Fraud Hits Earnings

    November 11, 2024

    Orion S.A. reported a net loss in Q3 2024 due to a significant fraud incident. Despite this, the company's adjusted EBITDA increased year-over-year. Orion has revised its full-year guidance and remains focused on its core business segments.

  • Trinseo Reports Q3 Loss, Restructuring Efforts Continue

    November 11, 2024

    Trinseo reported a net loss in Q3 2024 due to restructuring costs. However, adjusted EBITDA increased year-over-year. The company's Engineered Materials and Latex Binders segments performed well, while the Polystyrene segment faced challenges. Trinseo for