Rubber & Tire Industry in Numbers

The rubber and tire industry has seen various developments over the last seven days, with key players worldwide reporting their financial results and share-price trends. Selected tire manufacturers’ share-price trends show that Bridgestone Corp.’s share price increased by 3.1% to Yen3,465, while Goodyear’s share price rose by 4.9% to $6.16. Hankook’s share price, however, decreased by 7.5% to KRW65,800. Michelin’s share price increased by 2.9% to €33.32, and Nokian Tyres’ share price rose by 12.8% to €12.41. Pirelli’s share price increased by 5.1% to €6.43, and Sumitomo Rubber’s share price rose by 11.7% to Yen2,257. Yokohama Rubber’s share price decreased by 16.6% to Yen7,901, and ZC Rubber’s share price decreased by 2.3% to CNY44.21. Selected rubber product manufacturers’ share-price trends show that Avon Technologies’ share price increased by 2.7% to £17.30, while Cooper-Standard’s share price decreased by 0.5% to $28.68. Datwyler’s share price rose by 3.7% to CHF162.60, and Hexpol’s share price increased by 1.2% to SEK73.45. Sanok Rubber’s share price decreased by 0.5% to PLN21.20, and Semperit’s share price rose by 1.0% to €15.10. Top Glove’s share price decreased by 11.9% to MYR0.74, and Trelleborg’s share price increased by 1.9% to SEK414.60. Natural rubber futures ended the second week of June lower across all major Far East exchanges, with prices decreasing due to persistent selling pressure and liquidation of long positions. The Osaka RSS3 Sept ’26 price decreased by 0.1% to 423.1 JPY, while the SHFE SCR/RSS Sept ’26 price decreased by 1.0% to 17,725 CNY. The INE TSR Sept ’26 price decreased by 2.3% to 15,210 CNY, and the SICOM TSR20 Sept ’26 price decreased by 1.9% to 224.3 US$c. The SHFE BR July ’26 price decreased by 4.6% to 13,380 CNY. Various companies have reported their financial results, with TSRC Corp. reporting a 32% increase in earnings to NT$651m. NOK Corp. reported a 11.5% decrease in earnings to Yen33.0bn, while Avon Technologies reported a 39.4% increase in adjusted earnings to GBP24.4m. JK Tyre reported a 25% increase in EBITDA to $222m, and Fukoku Co. reported a 19.4% decrease in earnings to Yen3.8bn. Hankook reported a 31% increase in earnings to KRW437.5bn, and Toyo Tire Corp. reported an 8.1% decrease in earnings to Yen20.6bn. Sumitomo reported an 18.8% increase in earnings to Yen16.8bn, and Denka reported a segment operating income of Yen68m. Recently reported capacity additions and expansions include Orion SA’s circular carbon black production facility in Qingdao, China, and Mitsui Chemicals’ polyolefin elastomers plant in Jurong Island, Singapore. TVS Srichakra is expanding its 2-wheeler plant and OHT plant in Vellaripatti, Madurai, Tamil Nadu, India, with an investment of up to INR2.2bn. JK Tyre is phasing expansions in Chennai and Vikrant, India, with an investment of about $530m. Linglong Tire has terminated its tire plant project in Ponta Grossa, Parana, Brazil, while Continental has completed its tire plant expansion in Rayong, Thailand, with an investment of €300m. Scandinavian Enviro Systems is planning its first fully owned full-scale tire pyrolysis plant in the Nordic region, with an expected capacity to process 70ktpa+ of scrap tires. Huangpu Tire Technology is building a new aviation and specialty tire plant in Inner Mongolia, China, with an investment of Yuan1.2bn. Jiahua Energy Chemical Industry is building a new 240ktpa synthetic rubber plant in Zhejiang province, China, with an investment of Yuan1.25bn. Germany’s rubber and plastics machinery industry expects stable revenues in 2026, followed by modest growth in 2027, amid a challenging global environment.