Sumitomo Rubber Industries (SRI) has posted a 40.6% year-on-year surge in second-quarter business profit to Yen39.8 billion, defying what it describes as a sluggish global market. The group’s sales rose 8.3% to Yen620 billion for the quarter ended 30 June,…
Yokohama Rubber Co. (YRC) has sharply upgraded its full-year 2026 earnings guidance following a record first half, citing a 54.3% surge in business profit and 10.4% sales growth. The Japanese conglomerate now expects group sales of Yen1,320 billion (€7.2 billion),…
Orion Engineered Carbons has posted a 61% year-on-year plunge in adjusted earnings (EBITDA) for its rubber carbon black division during Q2 2026, despite a 3% increase in net sales to $316 million (€274 million). The company reported adjusted earnings of…
The Association of Natural Rubber Producing Countries (ANRPC) expects weather disruptions and a rebound in butadiene prices to support natural rubber (NR) prices. According to ANRPC’s monthly NR report, El Nino-related weather disruption is disrupting rainfall in major producing countries,…
Natural rubber futures have rebounded over the first trading week of August, with all exchanges posting gains during the week ended 7 Aug. According to the Japan Exchange Group (JPX), the gains were supported by stronger physical demand and consumer…
Daimler Truck North America (DTNA) has confirmed it will not close any additional manufacturing plants in North America beyond its Portland, Oregon facility, despite plans to open its largest U.S. assembly plant. The new plant, whose location remains undecided, is…
The Federal Motor Carrier Safety Administration (FMCSA) has proposed a rule to permanently codify English-language proficiency (ELP) standards for commercial drivers, a move it estimates could remove 9,000 drivers from service annually. The proposal, announced by Transportation Secretary Sean Duffy…
JBS NV has announced that Wesley Batista Filho will become the company’s global CEO in January, marking the return of a Batista family member to the top role after approximately eight years. Batista Filho, the grandson of JBS founder Jose…
President Donald Trump on August 10, 2026, escalated demands for compensation from Iran, rejecting Tehran’s reparations requests tied to reopening the Strait of Hormuz. Trump’s demands—including compensation for alleged victims of Iranian actions and damages in Lebanon, Syria, Yemen, and…
Eccentrica has unveiled its new V12 Roadster, an open-top evolution of the original Eccentrica V12 coupe, at Monterey Car Week. The Roadster combines the look of the 1990s supercar with modern engineering and a naturally aspirated V12. The car is…