March 21,2025
Recently, Sumitomo Rubber announced its long-term management strategy (Rise 2035), which aims to strengthen its tire "premiumization" and non-tire businesses.
March 18,2025
Recently, Jiangsu General Science Technology Co., Ltd. (hereinafter referred to as GS) has made significant progress in deepening industrial chain cooperation, and signed strategic cooperation agreements for 2025 with the world-renowned raw material supplier Bekaert of Belgium and the well-known Chinese company Black Cat Carbon Black Inc., Ltd.
March 14,2025
According to the U.S. Tire Manufacturers Association (USTMA), 2025 will be a record year for U.S. tire shipments, driven by double-digit growth in commercial tire demand.
March 11,2025
On March 5, the Tire Technology Expo 2025 opened grandly in Hanover, Germany. The Tire Technology International Awards for Innovation and Excellence 2025 was also presented during the exhibition. This award is recognized as the highest honor in the industry and aims to recognize the best tire innovations and new technologies in the world.
March 07,2025
On March 4, Continental announced its performance data for fiscal year 2024. In the past fiscal year, Continental achieved consolidated sales of €39.7 billion (2023: €41.4 billion, -4.1 percent). Its adjusted operating result was €2.7 billion (2023: €2.5 billion, +6.6 percent), corresponding to an improved adjusted EBIT margin of 6.8 percent (2023: 6.1 percent).
March 04,2025
On February 28, Gubersail Tire (Jiangsu) Co., Ltd. held a ceremony to mark the first tire rolling off the production line and officially start production in Huai'an, Jiangsu. Shi Yifeng, Deputy Secretary-General of China Rubber Industry Association and Secretary-General of Tire Branch, attended the event and delivered a speech. Leaders of Huai'an City and Huai'an County also attended the event.
February 28,2025
Recently, Jiangsu Topower Tyre Co., Ltd. announced that it plans to invest US$10 million to establish two wholly-owned subsidiaries in Cambodia's Kampong Speu to promote the construction of high-performance solid tire projects and supporting industrial real estate.
February 25,2025
Recently, Bridgestone announced its 2024 performance. Following sales and profits falling short of target expectations, the company has accelerated its group restructuring plans.
February 21,2025
Bridgestone Americas Inc. is shuttering its 53-year-old LaVergne, Tenn., truck and bus tire plant. The LaVergne plant has a rated capacity of around 2 million tires per year, and the tire maker intends to transfer this capacity to other Bridgestone facilities.
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