In Shanghai, China, the SHFE and INE rubber futures posted declines of 1.5% and 1.4%, respectively, due to “long liquidation and light speculative selling,” reported JPX 27 Jan. Every issue of ...
According to the industry association, the automotive supplier industry announced a “record” 54,000 jobs cuts during the year. The cuts, noted CLEPA, will mostly be carried out in the next two to five ...
The expansions will meet growing demand from the automotive and construction industries in Asia, said Wacker's 23 Jan announcement, which put the overall investment in the “double-digit-million Euro" ...
Cairo – Chinese major tire group China National Tire & Rubber Co. (CNRC) is exploring two major expansion projects in Egypt, according to the Egyptian government. The projects were discussed during a ...
In December 2024, new EU car registrations rose by 5.1% with Spain leading the way with a double-digit 28.8% increase compared to December 2023. Every issue of European Rubber Journal (6 issues) ...
Brussels – European Union leaders have been urged to take ‘urgent action’ to help the automotive sector in its decarbonisation transition while protecting its competitiveness.
Nokia, Finland – Vianor Oy, the tire and car service arm of Nokian Tyres, has announced temporary and permanent lay-offs as well as service point closures to address declining demand.