April 01,2025
According to media reports, a new company led by former executives from Nokian Tyres and Cooper Tire plans to build a tire factory near Tulsa, Oklahoma, specifically for producing tier-three private label tires for the North American market.
March 28,2025
Hankook Tire recently made important progress in the capital market and successfully issued corporate bonds totaling 460 billion won. This move aims to optimize the financial structure and provide strong financial support for the company's global expansion and raw material procurement.
March 25,2025
On March 18, Himile Mechanical Science and Technology (Shandong) Co.,Ltd. released its 2024 financial report.
March 21,2025
Recently, Sumitomo Rubber announced its long-term management strategy (Rise 2035), which aims to strengthen its tire "premiumization" and non-tire businesses.
March 18,2025
Recently, Jiangsu General Science Technology Co., Ltd. (hereinafter referred to as GS) has made significant progress in deepening industrial chain cooperation, and signed strategic cooperation agreements for 2025 with the world-renowned raw material supplier Bekaert of Belgium and the well-known Chinese company Black Cat Carbon Black Inc., Ltd.
March 14,2025
According to the U.S. Tire Manufacturers Association (USTMA), 2025 will be a record year for U.S. tire shipments, driven by double-digit growth in commercial tire demand.
March 11,2025
On March 5, the Tire Technology Expo 2025 opened grandly in Hanover, Germany. The Tire Technology International Awards for Innovation and Excellence 2025 was also presented during the exhibition. This award is recognized as the highest honor in the industry and aims to recognize the best tire innovations and new technologies in the world.
March 07,2025
On March 4, Continental announced its performance data for fiscal year 2024. In the past fiscal year, Continental achieved consolidated sales of €39.7 billion (2023: €41.4 billion, -4.1 percent). Its adjusted operating result was €2.7 billion (2023: €2.5 billion, +6.6 percent), corresponding to an improved adjusted EBIT margin of 6.8 percent (2023: 6.1 percent).
March 04,2025
On February 28, Gubersail Tire (Jiangsu) Co., Ltd. held a ceremony to mark the first tire rolling off the production line and officially start production in Huai'an, Jiangsu. Shi Yifeng, Deputy Secretary-General of China Rubber Industry Association and Secretary-General of Tire Branch, attended the event and delivered a speech. Leaders of Huai'an City and Huai'an County also attended the event.
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