Nokian Tyres Posts EUR 4.1 Million Operating Profit For Q3 CY2024
- November 07, 2024
The company attributes the impact on its financial performance due to the Red Sea crisis and the political strikes in Finland, which caused production loss, shipment delay and increased logistics costs.
Yokohama Rubber Joins Forces To Develop Sustainable Rubber Solutions
- November 07, 2024
Yokohama Rubber has joined an international research project to develop sustainable products using natural rubber seeds. The project aims to address environmental issues like global warming and plastic pollution. By collaborating with other stakeholders,
Contec Expands Pyrolysis Capacity, Boosts Sustainability Efforts
- November 07, 2024
Contec S.A. has successfully commissioned its third and fourth pyrolysis lines, tripling its production capacity. This expansion enables the company to meet the growing demand for sustainable raw materials in the automotive and tire industries. Contec's c
JK Tyre to Merge Subsidiary, Streamlining Operations
- November 07, 2024
JK Tyre & Industries is merging its subsidiary, Cavendish Industries Ltd., to streamline operations, improve efficiency, and enhance its market position. The merger aims to unlock shareholder value and position JK Tyre for long-term growth and success in
Hankook Tire’s Winter And All-Season Tyres Shine In Independent Tests
- November 07, 2024
Leading tyre maker Hankook Tire is all set for the winter season with its range of winter and all-season tyres, especially the Winter i*cept evo 3 X, Winter i*cept RS3 and the all-season Kinergy 4S 2. These tyres have proven their worth in independent win
JK Tyre’s Q2 FY25 Profitability Takes a Hit; Sees Product Hike in Q3
- November 06, 2024
JK Tyre & Industries reported a decline in revenue and profit in Q2 FY25 due to factors like lower demand in the commercial vehicle segment and rising raw material costs. The company plans to increase tyre prices to offset the impact of higher input costs
