Hankook Tyre UK is showcasing its comprehensive portfolio of Hankook and Laufenn commercial vehicle tyres at the Road Transport Expo trade show. The event at NAEC Stoneleigh brings together over 200 exhibitors from across the commercial vehicle industry.

Hankook is leveraging this platform to highlight its commitment to innovation and cater to the evolving needs of commercial vehicle operators. A key focus is the company’s brand-new e-SMART City AU56 tyre line, specifically designed for electric buses.

Beyond electric vehicles, Hankook is also presenting its established range of hybrid-use tyres, including the SmartFlex AL51 for steering axles and the SmartFlex DL51 for drive axles. These tyres are designed for regional and long-distance transport, delivering optimal performance throughout their tread life and allowing for regrooving and retreading.

Jon Cottrell, UK Truck Sales Manager for Hankook Tyre UK, said, “Hankook is again looking forward to exhibiting at the Road Transport Expo. It is an ideal opportunity to present our tyre range and build on Hankook’s reputation for producing technologically advanced tyres with superb mileage, reliability, and value. Our e-SMART City AU56 follows in the footsteps of Hankook’s iON EV tyre range for cars and SUVs and demonstrates the company’s continued commitment to innovation. Hankook has invested in 3D metal tread moulds for all the new generation of premium truck and bus tyres in the EU market. These treads are designed to maintain wet grip and traction for the tyres in all weathers and throughout the whole life of the tyre tread. AI-aided design and cutting-edge material compounds maximise performance without compromising affordability. As the automotive industry shifts towards sustainable solutions, Hankook’s e-SMART range is poised to play a pivotal role in enhancing the performance and efficiency of electric commercial vehicles.”

Hankook, recognised as a leader in the UK truck tyre replacement market, is further strengthening its position with the Laufenn brand. Developed through ongoing market research, Laufenn tyres offers cost-effective solutions for regional haul applications. The LF95 trailer tyre, the LF22 all-position, and the LZ22 drive axle tyres will be displayed.

The Laufenn range leverages Hankook’s expertise while providing excellent value for money. The entire lineup is retread-guaranteed, minimising environmental impact and reducing fleet managers’ overall operating costs.

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 India's Rubber Board has donated floor cleaning equipment valued at Rs 10 lakh to Kottayam Medical College as part of the Central Government's cleanliness initiative.

The equipment, comprising a scrubber dryer floor cleaning machine and a vacuum cleaner, was handed over at a ceremony held at the medical college on Sunday.

M Vasanthagesan IRS, Executive Director of the Rubber Board, presented the equipment at a meeting presided over by V N Vasavan, Kerala's Minister for Co-operation, Ports and Devaswom.

The event, conducted under the Centre's 'Swachhata Action Plan', also recognised cleaning workers at the medical college.

Dr Varghese Punnoose, Principal of Kottayam Medical College, Dr T K Jayakumar, Superintendent of the institution, and Dr Binoi K Kurien, Secretary in-charge of the Rubber Board, addressed the gathering.

The Rubber Board, a statutory body under the Ministry of Commerce and Industry, oversees development and regulation of India's rubber industry.

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Apollo Tyres’ Chennai Plant has formalised a multi-institutional partnership through a Memorandum of Understanding (MoU) with five esteemed engineering colleges from Kerala, Odisha and Tamil Nadu. This strategic alliance is designed to fortify the nexus between industry and academia, with a focused objective of developing a robust, industry-ready talent pool to meet future sector demands. The collaboration represents a significant investment in the human capital pipeline, directly linking academic output with corporate needs.

The collaborating institutions in this forward-looking initiative are SASTRA University, SRM TRP Engineering College, JJ College Of Engineering & Technology, Ma'din Academy and Nilachal Polytechnic. The partnership’s framework encompasses a comprehensive suite of initiatives aimed at mutual development. For students, it provides a structured pathway to employment, including placement assurances during their final year and enhanced campus hiring opportunities. To bridge theoretical knowledge with practical application, the programme will facilitate organised industry visits to Apollo’s manufacturing facility, offering students firsthand exposure to modern production processes. Complementing this, a series of expert-led sessions, technical lectures and seminars will be delivered by in-house professionals from Apollo Tyres, ensuring the curriculum remains aligned with evolving industry practices.

This symbiotic engagement yields significant strategic benefits for all stakeholders. Students gain invaluable industry awareness and confidence, while academic institutions enhance their curriculum's practical relevance. For Apollo Tyres, the initiative enables the early identification and nurturing of prospective talent, effectively streamlining recruitment and fostering a positive perception of manufacturing careers.

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German chemicals group Wacker Chemie lowered its full-year outlook after third-quarter profit fell by nearly a quarter, hit by weak demand and intense competition from China.

The Munich-based company, which makes silicones and polysilicon for semiconductors and solar panels, reported earnings before interest, tax, depreciation and amortisation (EBITDA) of 112 million euros ($121.6 million) for the July-September period, down 23 percent from 145 million euros a year earlier.

Sales fell 6 percent to 1.34 billion euros from 1.43 billion euros, weighed down by lower prices and unfavourable currency effects.

The results were broadly in line with analyst expectations, which had forecast sales of 1.37 billion euros and EBITDA of 101 million euros, according to Vara Research.

Wacker swung to an operating loss of 20 million euros in the quarter, from a profit of 30 million euros a year ago, whilst net income turned negative to 82 million euros, compared with a profit of 34 million euros.

“The chemical industry is under pressure – worldwide, but in Europe in particular. The economic situation is tense, and market demand is weak. At the same time, the market environment is changing, and competitive pressure is high – especially from China. And this is something that we are experiencing at WACKER as well,” Chief Executive Christian Hartel said.

“Like many other companies, we had to lower our full-year forecast in the middle of this year. Even though we closed Q3 in line with market expectations, sales and earnings were again down year on year in almost all business divisions,” he said.

Wacker launched a comprehensive cost-cutting programme in October aimed at achieving significant savings in production and administration, with implementation planned to begin in the first quarter of 2026.

The company now expects full-year sales at the lower end of its previously forecast range of 5.5 billion to 5.9 billion euros, with EBITDA in the lower half of its 500 million to 700 million euro range. It also anticipates a negative net result for the year, significantly below the previous year.

The company’s silicones division, its most significant business, saw sales decline 7 percent to 673 million euros, whilst EBITDA fell 19 percent to 86 million euros. The polysilicon unit, which serves both solar and semiconductor markets, reported a 40 percent drop in EBITDA to 18 million euros, as low prices and exchange-rate effects offset strong hyperpure polysilicon performance in semiconductors.

Wacker’s workforce declined to 16,616 employees at the end of September from 16,724 three months earlier.

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Finnish tyre manufacturer Nokian Tyres said it would cut 80 permanent positions and temporarily lay off about 650 workers as part of measures to improve financial performance and operational efficiency.

The company has begun personnel negotiations affecting roughly 1,700 permanent white-collar positions across its global operations, including group functions and all business units.

The temporary layoffs will affect blue-collar and white-collar staff at passenger car and heavy tyre production facilities in Nokia, Finland, for up to 90 days per person. These measures could be implemented by the end of 2026.

The permanent job cuts, targeting white-collar roles, may take effect by late 2025, the company said.

Nokian Tyres employed approximately 4,400 people worldwide at the end of September, with 2,045 staff based in Finland.

The negotiations will commence immediately in line with local labour legislation in each country where the company operates.

The announcement comes as tyre manufacturers face pressure from volatile raw material costs and shifting demand patterns in key markets.

Nokian Tyres, known for its winter tyres and premium products, has been restructuring its operations following geopolitical challenges that affected its Russian production and sales.

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