NEXEN TIRE Posts Record Q1 Results Amid Global Industry Headwinds

NEXEN TIRE Posts Record Q1 Results Amid Global Industry Headwinds

NEXEN TIRE, the global tyre manufacturer, has reported exceptional financial performance for the first quarter of 2025, with revenues climbing to KRW 771.2 billion and operating profit reaching KRW 40.7 billion. The results represent a 13.7 percent year-on-year increase, setting a new quarterly record for the company and surpassing market expectations.

The South Korean tyre maker's strong showing comes despite ongoing industry challenges, with the company leveraging expanded production capacity and a focus on premium products to drive growth. The Czech plant's phase 2 expansion has significantly boosted output volumes, while increasing demand for larger 18-inch and above tyres has enhanced profit margins.

European operations emerged as the standout performer, generating KRW 316.5 billion in revenue—approximately 41 percent of NEXEN's global sales. The region has benefited from stable replacement tyre demand since late last year, with particular strength in seasonal products including winter and all-weather offerings.

"Despite continued exchange rate swings and uncertainties surrounding tariff policies, our long-term efforts in capacity expansion and brand building are now bearing fruit, allowing us to continue growing," said Travis Kang, Global CEO of NEXEN TIRE.

NEXEN's strategic supply of original equipment tyres to premium European automakers since 2016 has enhanced brand recognition, driving subsequent replacement tyre sales. Meanwhile, normalising freight rates have returned to comparable levels with the same quarter last year, helping reduce the company's freight-to-sales ratio despite persistently high raw material costs.

Looking ahead, the company plans to implement region-specific strategies to navigate economic volatility. In Europe, growth will centre around increased volume and expanded capacity, while the US operation will adopt flexible approaches to counter tariff measures. The Asia-Pacific region, particularly Japan and Australia, will see customer diversification efforts and enhanced local distribution.

NEXEN is also advancing a unified product strategy for both electric and conventional internal combustion vehicles, utilising artificial intelligence and virtual reality in its development processes. Recent in-house testing has validated the superior performance of its tyres across critical metrics including braking, noise reduction and ride comfort.

Kang added, "We will continue to strengthen our worldwide competitiveness by developing customer-focused product strategies and region-specific techniques."

Japan’s Zeon Lifts Full-Year Profit Outlook On Strong Battery Materials, Optical Films Demand

Japan’s Zeon Lifts Full-Year Profit Outlook On Strong Battery Materials, Optical Films Demand

Japanese chemicals maker Zeon Corporation raised its full-year operating profit forecast after first-quarter earnings more than doubled, driven by robust demand for battery materials and optical films.

The Tokyo-based company, which produces speciality plastics and synthetic rubbers, posted operating income of 12.1 billion yen ($83.3 million) for the three months to June 30, up 136 percent from the previous quarter and 59 percent higher year-on-year.

Net sales declined 2 percent to 103.1 billion yen from a year earlier, affected by yen appreciation and lower elastomer prices reflecting declining raw material costs. However, sales volumes of optical films and battery materials increased during the period.

The company revised its full-year operating income forecast upwards to 30.5 billion yen from a previous estimate of 28 billion yen. However, this still represents a 9 percent decline from the prior year. Full-year sales are now expected to reach 415 billion yen, up 4 percent.

Zeon maintained its annual dividend forecast at 72 yen per share and said it is proceeding with a share buyback programme of up to 10 million shares or 10 billion yen for the current fiscal year.

The speciality materials business, which includes optical plastics, films and battery materials, generated operating income of 7.4 billion yen in the first quarter, jumping 40 percent year-on-year. Sales in the division fell 3 percent to 29.3 billion yen, partly due to timing differences at overseas affiliates related to the Chinese New Year.

Demand for battery materials remained steady, supported by China’s electric vehicle subsidy policies, whilst shipments to the United States energy storage systems market began during the quarter. The company said European EV sales showed signs of recovery, though inventory adjustments were prolonged.

In optical films, shipments increased due to expanded market share in large-sized televisions, whilst demand remained steady for tablet and smartphone applications.

The elastomer business posted operating income of 4.2 billion yen, up 12 percent from a year earlier, though sales were flat at 58.1 billion yen. The division was affected by weak overseas demand and lower selling prices caused by falling raw material costs.

Zeon also announced plans to sell a portion of its investment securities between August 2025 and March 2026, expecting to book a gain of approximately 10.9 billion yen to improve capital efficiency. The move is expected to reduce its cross-shareholdings ratio to around 11-12 percent of net assets by the end of the fiscal year.

The company said it had completed a reorganisation in June, transferring its chemicals business to the speciality materials division to accelerate decision-making and maximise profitability.

For the second half of the year, Zeon cautioned that optical film shipments are expected to decline due to panel production adjustments and seasonal mobile device demand. However, it described the adjustment as temporary with growth anticipated in fiscal 2026.

Continental Launches All-New TKC 80² Off-Road Motorcycle Tyre

Continental Launches All-New TKC 80² Off-Road Motorcycle Tyre

Continental is redefining adventure riding for a new generation with the launch of the TKC 802, a complete re-imagining of its legendary TKC 80 tyre. After four decades, this isn't a simple update but a fundamental redesign crafted for today's powerful and heavy adventure motorcycles. It answers a clear call from riders who are increasingly drawn to uncharted paths, yet refuse to sacrifice performance on the journey there. The TKC 802 is engineered to be an uncompromising partner for this dual-purpose lifestyle.

Its performance begins with a cleverly engineered tread. The pattern uses larger, strategically shifted blocks that create more biting edges for superior grip in dirt, sand and gravel. This design also actively resists clogging, ensuring consistent performance where other tyres might pack up with mud. Stability is enhanced through a larger contact area, inspiring confidence whether carving a paved corner or navigating a rocky trail. The logic even extends to direction: the front tread is angled to dig in during braking, while the rear is designed in the opposite way to maximise acceleration traction without excessive digging.

Beneath the tread, a new carcass provides the backbone. It is specifically calibrated for a balanced 50/50 use, offering the robust stability needed for a loaded bike at high speeds or on demanding off-road sections while also improving ride comfort through optimised damping. An advanced rubber compound tackles the classic trade-off, delivering aggressive grip across diverse surfaces while also promising remarkable longevity and wear resistance. This is complemented by RainGrip technology, which instils confidence by maintaining secure handling when the weather turns cold and wet.

Built for epic journeys on every continent and backed by robust puncture protection, the TKC 802 is for those who ride without limits. To fit a broad spectrum of modern travel enduros from brands like BMW, KTM and Ducati, it will be produced in multiple sizes. With its distinct new sidewall icon, the Continental TKC 802 will be available at specialist retailers starting in Spring 2026.

Raphael Michels, Product Manager for Motorcycle Tires at Continental, said, “Our new flexible rubber compound adapts perfectly to the micro-roughness of the asphalt, providing excellent grip. At the same time, we’ve worked intensively to resolve the conflict between on- and off-road performance in the best possible way. The tyre tread combines maximum flexibility for safe wet grip with high block stiffness for stability and mechanical grip.”

Christoph Ettenhuber, Head of Business Field Motorcycle Tires at Continental, said, “With the TKC 802, we’re setting new standards in terms of versatility, robustness and off-road performance. The combination of innovative tread design, new rubber compound and optimised carcass offers adventure riders maximum safety, control and riding pleasure on a wide variety of terrains.”

Bridgestone Unveils BATTLAX RACING STREET RS12 Motorcycle Tyre

Bridgestone Unveils BATTLAX RACING STREET RS12 Motorcycle Tyre

Bridgestone has confirmed a January 2026 launch for its new premium sports motorcycle tyre, the BATTLAX RACING STREET RS12, in North America. Developed under the concept ‘From Circuit to Street,’ this road-legal tyre is engineered to deliver the highest level of dry grip within the BATTLAX lineup by directly incorporating technologies refined in competitive racing.

The RS12 features a specialised compound derived from race tyre development, which works in concert with a newly designed tread pattern. This pattern’s optimised groove ratio enhances overall tyre rigidity and increases the contact area during cornering for superior grip. A significant innovation for the front tyre is the introduction of the HE-MS BELT structure, a technology previously reserved for top-tier global motorcycle races. This flexible belt system equalises contact pressure to provide a further boost in traction.

By integrating these endurance-racing technologies, the RS12 achieves comprehensive performance improvements on the circuit, with a primary focus on dry conditions. The result is a notable reduction in lap times compared to its predecessor, the RS11. Furthermore, the synergistic combination of its compound, pattern and structure ensures that the high grip level is consistently maintained over multiple laps, resisting performance degradation. This gives riders confidence and a more engaging experience across diverse riding scenarios, from aggressive sport riding on dry pavement to tackling winding roads and dedicated track days.

Rubber Board Donates Cleaning Equipment Worth INR 1 Mln to Kottayam Medical College

 Rubber Board Donates Cleaning Equipment Worth INR 1 Mln to Kottayam Medical College

 India's Rubber Board has donated floor cleaning equipment valued at Rs 10 lakh to Kottayam Medical College as part of the Central Government's cleanliness initiative.

The equipment, comprising a scrubber dryer floor cleaning machine and a vacuum cleaner, was handed over at a ceremony held at the medical college on Sunday.

M Vasanthagesan IRS, Executive Director of the Rubber Board, presented the equipment at a meeting presided over by V N Vasavan, Kerala's Minister for Co-operation, Ports and Devaswom.

The event, conducted under the Centre's 'Swachhata Action Plan', also recognised cleaning workers at the medical college.

Dr Varghese Punnoose, Principal of Kottayam Medical College, Dr T K Jayakumar, Superintendent of the institution, and Dr Binoi K Kurien, Secretary in-charge of the Rubber Board, addressed the gathering.

The Rubber Board, a statutory body under the Ministry of Commerce and Industry, oversees development and regulation of India's rubber industry.