The energy & petrochemicals major disclosed its ‘transformation’ plan for Versalis last October: including an exit from ...

Oslo – Elkem ASA has reported a significant improvement in first quarter earnings (EBITDA) within its silicones division, which is currently under strategic review. Earnings for the three months to ...

Pirelli has agreed to sell its Nordics distribution arm Daeckia AB to CTS, a Stockholm-based independent tire service company. The sale is part of a broader pa ...

Seoul – Nexen Tire has reported “record high” quarterly sales in the first three months of 2025, due largely to higher volumes in Europe. The South Korean tire maker posted sales of KRW771 billion ...

Berlin – The German rubber industry association (WDK) has called for the ‘immediate’ implementation of an economic overhaul in the country. Speaking at a 29 April “rubber industry day” event in Berlin ...

Midland, Michigan – Dow Inc. has extended a previously announced review of its European assets as part of a move to reduce ...

Dublin – Global trade wars triggered by US import tariffs threaten to undermine the high levels of profitability currently seen in the US petrochemicals industry, believes Bill Hyde, VP olefins & ...

Milan, Italy – Pirelli’s board of directors has voted to end the control of Marco Polo International (MPI), Sinochem’s investment vehicle, over the Italian tire maker. The board cited the Italian ...

Tokyo – Natural rubber futures remained under pressure in the final trading week of April, posting week-on-week declines across all major markets. Overall trading fell during the week ended 25 April, ...

Seoul – LD Carbon has inaugurated what it describes as South Korea’s “first and largest” waste tire pyrolysis plant in Dangjin, to the east of the country. Set to begin full-scale operation next month ...

Over the three months to 31 March, Hexpol’s adjusted earnings (adjusted EBITA) declined 7% year-on-year to SEK873 million (€79 million), on 1% higher sales of SEK5.3 billion. Adjusted earnings margin ...

Despite the mixed performance, the business area achieved its highest quarterly earnings at SEK645 million, up 5% ...