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Tire Industry Project Launches Its First Open Call For Projects
November 15, 2024
The Tire Industry Project (TIP), the tyre industry’s primary global forum on sustainability topics operating under the umbrella of the World Business Council for Sustainable Development, has launched its first Open Call for Projects (OCP). This is in li
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Bridgestone Unveals Duravis All Season EVO Van Tyre
November 15, 2024
Bridgestone, a global leader in premium tyres and sustainable mobility solutions, has revealed its new premium all-season van tyre, the Bridgestone Duravis All Season EVO. The new tyre is the successor to the Duravis All Season van tyre and is designed to
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MRF Reports Q2 Profit Decline, Revenue Rise
November 15, 2024
MRF, a leading Indian tire manufacturer, reported a decline in net profit for the September quarter despite a rise in revenue. The company's EBITDA margin also contracted due to higher input costs
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Saudi Arabia’s Tyre Market Poised for Growth
November 15, 2024
The Saudi Arabian tire market is projected to grow significantly in the coming years, driven by factors such as increasing urbanization, rising disposable incomes, and the expansion of the automotive sector. While challenges like high import duties and th
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German Rubber Industry Struggles Amidst Economic Downturn
November 15, 2024
The German rubber industry is facing a significant downturn due to weak demand, increased competition, and labor shortages. The industry is calling for government intervention to address these challenges and boost competitiveness.
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Italian Government Probes Chinese Investor in Pirelli
November 15, 2024
The Italian government is investigating Pirelli's largest investor, Sinochem International, for potential violations of the Golden Power law. The probe focuses on potential links between Pirelli and CNRC, particularly regarding sensitive technologies. Pir
