Speciality materials provider Trinseo reported a first-quarter net loss of USD 79 million on Monday, despite restructuring efforts that boosted adjusted EBITDA by 44 percent compared to the same period last year.

The Pennsylvania-based company, which manufactures plastics, latex and rubber, saw its net loss widen slightly from USD 76 million a year earlier, weighed down by USD 25 million in refinancing costs from debt transactions completed in January.

Trinseo's quarterly revenue fell 13 percent to USD 785 million, as the company grapples with weak demand across all business segments and its strategic reduction of low-margin sales.

“Core business results in the first quarter were in line with expectations and sequentially higher due to prior quarter customer destocking and seasonality," said Frank Bozich, President and Chief Executive Officer of Trinseo. “Despite persistent market weakness, the first quarter was Trinseo’s 7th consecutive quarter of year-over-year Adjusted EBITDA improvement driven by the various management actions we took early in this industry downturn."

Adjusted EBITDA rose to USD 65 million from USD 45 million a year ago, bolstered by USD 26 million in polycarbonate technology licensing income and cost-cutting measures, though partially offset by lower volumes and reduced income from its Americas Styrenics joint venture.

Cash used in operations totalled USD 110 million, whilst capital expenditures reached USD 9 million, resulting in a negative free cash flow of USD 119 million. The company ended the quarter with USD 128 million in cash, of which USD 2 million was restricted, and total liquidity of USD 421 million.

Among its business segments, Engineered Materials recorded a 2 percent drop in sales to USD 278 million, yet saw adjusted EBITDA jump by USD 16 million to USD 26 million. Latex Binders sales declined 13 percent to USD 209 million, with adjusted EBITDA slipping USD 2 million to USD 24 million.

Polymer Solutions, despite a 22 percent sales decrease to USD 298 million, posted a USD 15 million increase in adjusted EBITDA to USD 44 million, benefiting from fixed cost reductions and licensing income. Americas Styrenics fell to a negative USD 2 million in adjusted EBITDA, down USD 8 million from the previous year.

Looking ahead, Trinseo forecasts a second-quarter net loss between USD 61 million and USD 46 million, with adjusted EBITDA ranging from USD 55 million to USD 70 million. The company expects approximately break-even free cash flow, which includes USD 21 million from polycarbonate technology license income.

The company has withdrawn its full-year guidance previously provided during its debt refinancing, citing high macroeconomic uncertainty limiting its ability to assess future end-market demand.

Bozich expressed confidence in the company's outlook, stating: "We anticipate Adjusted EBITDA of USD 55 million to USD 70 million in Q2 with seasonally higher volumes, lower costs in Engineered Materials, and improved AmSty performance offsetting the first quarter polycarbonate technology license income."

Trinseo expects limited direct impact from current tariffs, as it generally manufactures products and procures raw materials in the regions where they are sold.

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Bridgestone Americas marked International Day of Persons with Disabilities by awarding USD 200,000 in grants towards expanding adaptive sports opportunities within public education. This funding, allocated through the Bridgestone Americas Trust Fund, will establish or enhance athletic programming across 62 schools in eight states, ultimately serving approximately 1,400 students from kindergarten through 12th grade.

The initiative addresses a notable gap in participation, as students with disabilities have historically been underrepresented in school athletics despite millions receiving special education services. Presently, only a small fraction of US public schools provides these vital adaptive programmes. The grants will support inclusive team sports, including basketball, soccer and track and field, allowing children of all abilities to engage in competitive play.

This community investment extends Bridgestone’s enduring commitment to adaptive athletics, following its tenure as a Worldwide Paralympic Partner. The company further advances this mission through equipment innovation and collaborations with elite adaptive athletes who serve as ambassadors for its ‘Team Bridgestone’ initiatives.

Wade Munday, Director, Corporate Philanthropy and Social Impact, Bridgestone Americas, said, “Access to sports is a serious barrier for young people with disabilities across the country. Bridgestone has long supported equitable access to sports because of the lifelong skills they provide on and off the field. With these grants, we look forward to empowering more young people with the opportunity to play.”

Chuck Aoki, American wheelchair rugby player, Paralympic medallist and member of Team Bridgestone, said, “When I was 12, I met a Paralympian who used a wheelchair just like me, but he was faster than I could ever imagine being! That encounter changed my life because I realised there was a place for me in sports. Access to adaptive sports is transformative for people with disabilities, and I am proud that Bridgestone remains committed to reducing barriers for all athletes.”

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Sumitomo Rubber Industries will rename a number of its overseas subsidiaries to carry the Dunlop brand as the company moves to unify its global tyre business and strengthen brand value across key markets.

The changes, approved by the board on 27 November, follow Sumitomo Rubber’s acquisition earlier this year of the Dunlop trademark and related rights for four-wheel tyres in Europe, North America and Oceania. The company said the rebranding supports its long-term strategy, “R.I.S.E. 2035,” which places Dunlop at the centre of its global operations. The move is still subject to approval at each subsidiary’s extraordinary shareholders’ meeting.

With the new rights in place, the firm aims to present a consistent brand message to customers around the world. It said Dunlop’s value should be reflected not only in products but also in services, user experience and corporate identity. Subsidiaries across Europe, the US, Australia, Latin America, the Middle East and Taiwan will adopt new Dunlop-branded names from January 2026, with one change planned for February.

In Europe, Falken Tyre Europe GmbH in Germany will become Dunlop Tyre Europe GmbH, while Srixon Sports Europe Ltd. in the UK will be renamed Dunlop Golf Europe Ltd. In the US, Sumitomo Rubber North America, Inc. will become Dunlop Tires North America, Inc., and in Australia, Sumitomo Rubber Australia Pty. Ltd. will take the name Dunlop Tyre Australia Pty. Ltd. Subsidiaries in Chile, Taiwan and the Middle East will also adopt the Dunlop identity.

Sumitomo Rubber said the rebranding is expected to strengthen customer recognition and help build Dunlop into a brand “chosen by customers” across regions. The company is also seeking to reinforce brand management as it expands globally, particularly in the competitive replacement tyre market.

The firm clarified that use of the Dunlop brand continues to carry certain regional exclusions, such as India and parts of Southeast Asia for four-wheel tyres, and India, Europe and Oceania for motorcycle tyres. Nevertheless, the company said it intends to apply a unified brand approach wherever possible to support long-term growth.

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Bridgestone has introduced a new addition to its Potenza ultra-high-performance line: the RE-71RZ extreme summer tyre. Designed specifically for grassroots racing, this tyre succeeds the acclaimed RE-71RS model. It aims to deliver quicker lap times and sharp, responsive handling, empowering drivers to maximise their performance on the circuit. A cornerstone of its design is the incorporation of ENLITEN technology, Bridgestone's next-generation platform focused on enhancing durability and advancing sustainable product design.

The tyre's development directly targets key performance metrics. On-track testing at Japan's Tsukuba Circuit demonstrated significant improvements, with the RE-71RZ achieving lap times approximately three-quarters of a second faster than its predecessor in both dry and wet conditions. This gain is attributed to several advanced engineering features. A new high-grip rubber compound, developed using insights from motorsports and proprietary NanoPro-Tech, enhances traction at a molecular level. The tread pattern has been redesigned with a stiffer construction and a larger outside shoulder to improve grip and stability, while a strategically placed main groove on the inside edge helps suppress uneven wear for longer track life. Furthermore, Bridgestone utilised its unique ULTIMAT EYE digital modelling tool to optimise the tyre's structure, creating a more uniform contact area for superior cornering grip.

Professional drivers Masahiro Sasaki and Yuji Tachikawa provided critical feedback during development, their expertise helping to refine the tyre's track-focused characteristics. The Potenza RE-71RZ builds upon a legacy that began in 1979, crafted for enthusiasts who demand competition-ready performance that transitions from daily driving to weekend motorsports. It has been approved for competition use by the Sports Car Club of America (SCCA) and will be eligible for Solo and Time Trials events starting in 2026. The tyre will be offered in 45 sizes and is scheduled to launch in the North American market on 31 December 2025.

Sasaki said, “As its strong point, the Potenza RE-71RZ achieves a high level of performance in both grip and controllability. It delivers improved dry and wet performance for street use while also achieving faster lap times and better wear resistance on the track. This tyre delivers high performance in various situations, making it enjoyable and easy to handle for both everyday driving and track use.”

Tachikawa said, “This tyre is designed for easy handling, allowing anyone to experience precise control along with excellent grip. The tyre is focused on quick warm-up for immediate, high-grip performance as well as reliable wet grip, resulting in a well-balanced tyre suitable for various driving conditions.”

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Prometeon Tyre Manufacturing is in discussions with Egypt’s Ministry of Investment and Foreign Trade over a planned US$400 million expansion, as the company moves to scale up production and strengthen its position in one of its key regional hubs.

A senior delegation from parent company China National Tire & Rubber Company met Minister Hassan Al-Khatib in Cairo to outline Prometeon’s growth plans for its Amreya factory in Alexandria. The group included chairman Wang Jian Jun, vice president Sun Deng, Prometeon Egypt chairman Omar Mehna, deputy general manager Yuan Liang, Africa–Middle East CEO Stefano Ziliani and CFO Hisham Abdel-Hadi.

During the meeting, Al-Khatib commended the pace of Prometeon’s development efforts, saying the ministry “will spare no effort to meet the company's requirements, in the context of preparing a conducive climate for investment and to protect the competition”. He also said Prometeon would receive continued backing through the China Unit at the General Authority for Investment and Free Zones to ensure the company has “all the necessary information and required data”.

Prometeon executives told the minister that the planned investment aims to increase its investments by $400 million, which is in production of 1 1 one million additional car tires and upskill the existing factory efficiency.

 Prometeon’s Alexandria complex currently produces about 5.2 million tyres annually, and the expansion would introduce new manufacturing technologies to raise output and improve capability.

As part of its proposal, the company is seeking an additional 200,000 square metres of land adjacent to its current site to support the enlarged facility. Prometeon is also exploring the establishment of a dedicated free zone to serve its export-focused operations.

For Prometeon, the investment aligns with its strategy to reinforce Egypt as a central platform for supplying markets across Africa, the Middle East and Europe. The company views the country’s manufacturing base and export access as key strengths as global demand patterns shift.

The talks signal the company’s intention to deepen its long-term commitment in Egypt, subject to final approvals and land allocation.

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