German specialty chemicals company Lanxess has reported its financial performance for Q1 CY2025, with EBITDA pre exceptionals climbing by 31.7 percent to EUR 133 million (from EUR 101 million in Q1 2024), which the company shared defied a weak global economic environment.

The positive performance was attributed to improved capacity utilisation and significant cost savings achieved through its ‘FORWARD!’ action plan.

While sales remained stable at EUR 1.601 billion, nearly matching the prior-year figure of EUR 1.607 billion, Lanxess noted increased sales volumes in most businesses, offset by lower sales prices.

Matthias Zachert, Chairman of the Board of Management, Lanxess, said, “We have made a solid start to the new fiscal year – despite all the adversities in the economic and geopolitical environment. Our more efficient positioning and improved cost situation are now paying off.”

He also acknowledged the escalating geopolitical and economic uncertainties, including the new U.S. government trade policy, which he believes further challenges businesses.

Net income for the first quarter of 2025 showed improvement, recording a loss of EUR 57 million compared to a loss of EUR 98 million in the same period last year.

Lanxess has reaffirmed its guidance for the full 2025 fiscal year, anticipating EBITDA pre exceptionals to be between EUR 600 and EUR 650 million. For the second quarter of 2025, the company expects an increase in earnings compared to Q1 2025, though a decline is projected when compared to Q2 2024, primarily due to the divestment of its Urethane Systems business.

The German company has also completed the sale of its Urethane Systems business to Japan’s UBE Corporation on 1 April 2025. This transaction marks the final step in the company’s strategic portfolio transformation, shifting its focus entirely to specialty chemicals and divesting its last remaining polymer business. Proceeds from the sale will be utilised to redeem a EUR 500 million benchmark bond due in May 2025 and further reduce company debt.

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The Dutch Grand Prix at the iconic TT Circuit Assen marks the return of Pirelli’s Moto2 tyre comparison between the standard SC0 soft rear compound and the development E0125, which was first introduced at Silverstone and later tested at Aragón. For this round, riders will have access to both rear options in soft compound – the conventional SC0 and the experimental E0125 – paired with either the soft SC1 or medium SC2 front tyres. Each rider will receive eight units of the rear tyres and eight of the front SC1, while the SC2 front will be limited to six. As per regulations, competitors may use a maximum of 17 tyres across the weekend, with a breakdown of eight front and nine rear.

The E0125 development tyre, which was universally adopted by riders at both Silverstone and Aragón, represents an evolution of the standard soft compound. While it retains the same tread compound, it incorporates a revised structure designed to enhance stability and deliver more consistent performance over full race distance. This adjustment aims to improve handling and endurance, particularly under the demanding conditions of Assen’s fast, flowing layout.

Meanwhile, Moto3 riders will continue with the established tyre allocations from previous rounds, receiving eight units each of the soft SC1 and medium SC2 compounds for both front and rear. The same 17-tyre limit applies, ensuring parity in usage across the field. Pirelli’s ongoing development in Moto2 highlights their commitment to refining performance, while Moto3 maintains a stable specification to suit the lightweight class’s unique demands. The Dutch GP will serve as another critical evaluation point for the E0125 as Pirelli gathers data for potential future adoption.

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Continental has introduced the Archetype, a new limited-edition road tyre developed in collaboration with UAE Team Emirates – XRG. This tyre will debut at the 112th Tour de France, starting in Lille next week.

The Archetype boasts a 30-mm width, weighing 35 grammes less than the Grand Prix 5000 S TR, and features an ultra-supple carcass for enhanced responsiveness and comfort. At its core lies Continental’s renowned BlackChili compound, which minimises rolling resistance while delivering exceptional grip. The tyre also incorporates LazerGrip, a micro-profile shoulder design for secure high-speed cornering, and Active Comfort Technology to dampen road vibrations for a smoother ride. Fully tubeless-ready and hookless-compatible, the Archetype is optimised for modern race setups, from Grand Tours to time trials.

As an official licensed product for the 2025 Tour de France, it combines cutting-edge engineering with elite performance. This limited-edition tyre reflects Continental’s commitment to innovation and speed, tailored for professional cyclists and high-performance enthusiasts alike.

Hannah Ferle, Road Product Manager at Continental, said, “We were asked by UAE Team Emirates – XRG to build a tyre that could deliver even faster performance in a 30-mm width. That’s a bold challenge – so we went back to the fundamentals. The result is the Archetype: a tyre that distils our decades of racing expertise into a pure, purpose-built product. It’s minimal, fast and made for those who live to compete.”

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On 18 June, the prestigious 22nd ‘World Brand Conference and Release Ceremony of China's 500 Most Valuable Brands’ was held in Beijing, organised by the World Brand Lab. Demonstrating its industry leadership, Doublestar achieved an impressive brand valuation of CNY 116.208 billion (approximately USD 16.21 billion), securing the 93rd position overall and maintaining its position as the highest-ranked Chinese tyre brand for yet another year.

This recognition underscores Doublestar's strong market presence and consumer trust, built on decades of innovation and quality craftsmanship. Moving forward, the company has committed to strengthening its brand influence through continuous technological advancement and sustainable development. By focusing on research and production of safer, smarter and more environmentally friendly tyre solutions, Doublestar aims to not only meet evolving market demands but also drive the high-quality growth of China's tyre industry.

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Continental Tires has achieved a major sustainability milestone with all its European tyre production facilities now certified under the International Sustainability and Carbon Certification (ISCC) PLUS standard. The certification extends to plants in Lousado (Portugal), Puchov (Slovakia), Korbach (Germany), Sarreguemines (France), Otrokovice (Czech Republic) and Timișoara (Romania), along with the supporting Industria Textil do Ave textile plant in Portugal. The company's Hefei facility in China has also earned this recognition, expanding Continental's sustainable manufacturing network globally.

The ISCC PLUS certification verifies Continental's compliance with rigorous traceability and documentation requirements for renewable and recycled materials used in tyre production. This system enables the company to track sustainable inputs throughout the manufacturing process using the mass balance approach, which allows gradual incorporation of eco-friendly materials while maintaining existing production systems. Continental is currently increasing its use of certified materials, including bio-based synthetic rubbers and circular-process carbon black, as part of its strategy to include over 40 percent sustainable materials in tyres by 2030.

As a globally recognised standard established in 2010, ISCC certification promotes climate-friendly, deforestation-free supply chains across multiple industries. It covers sustainable biomass, recycled materials and renewable resources, providing a framework for transparent, responsible sourcing. For Continental, this achievement represents both a validation of current sustainability efforts and a foundation for future innovations in eco-conscious tyre manufacturing. The company's growing network of certified facilities demonstrates its commitment to reducing environmental impact while maintaining product quality and performance standards across its global operations.

Jorge Almeida, head of Sustainability for Continental Tires, said, “The ISCC PLUS certification of all our European tyre plants is an important milestone and a strong signal for a more sustainable industry in Europe. But we're not stopping there. Our plants in other regions will follow step by step, like our Hefei plant, which is already certified. We have a strong ambition to make our tyre production more sustainable worldwide across our entire supply chain.”

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