During the first half of 2025, Michelin’s sales fell 3.4% year-on-year to €13.0 billion at current exchange rates, down from €13.5 billion in the first half of 2024. The decline was largely driven by ...
Geleen, The Netherlands – Dutch biotech startup Mevaldi BV has closed a funding round with High-Tech Gründerfonds (HTGF) and ICIG Ventures, aimed at scaling up its production of bio-based chemicals.
New Delhi –India’s tire industry could deliver 12-fold revenue growth by fiscal year 2047, reaching INR13,000 billion (€125 ...
Geneva – The Tire Industry Project (TIP) has announced five awardees under its first open call for projects (OCP), and confirmed plans to continue the scheme with a fresh round of funding.
Shouguang, China – Shandong Haohua Tire Co. has received official approval for its expansion and upgrade project, which will lift overall annual capacity at its Shouguang city plant, in Shandong ...
Stockholm – A grouping of Swedish stakeholders, including refiner and process oil specialist Nynas AB, has launched an initiative to study tire & road wear particle (TWRP) emissions. The project, ...
London – European majors Group Michelin, Continental and Pirelli retained their top five positions in the latest ranking by sales of the world’s 75 largest tire manufacturers. This was despite higher ...
Fushun Petrochemical, a subsidiary of China National Petroleum Corporation (CNPC), has produced its first qualified batch of “oil-extended styrene-butadiene ru ...
Veendam, Netherlands – Kisuma Chemicals, a supplier of magnesium-based additives, has presented its hydrotalcite-like DHT-4 additive as a potential contributor to developing alternatives to fluorine ...
Carabobo, Venezuela – The government of Venezuela has announced a strategic alliance with international investors to “modernise and revive” a tire plant in Carabobo state, northern Venezuela.
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Coventry, UK – Production and commercial operations at Jaguar Land Rover (JLR) are still down almost two weeks after the UK vehicle maker was hit by a cyber attack.
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