Chinese producers lead global synthetic rubber output in 2026
Global synthetic rubber (SR) production rankings for 2026 have been topped by Chinese giants, with Sinopec retaining its position as the world’s…
Market & Business
Truck buyers hold off amid EPA emissions uncertainty
U.S. Class 8 heavy-duty truck retail sales rose 2.2% year-over-year in July to 19,254 units, marking a second straight monthly increase despite…
Tyson to Close More Beef Plants as Cattle Shortage Drags On
Tyson Foods Inc. is set to close several beef plants in the US, including facilities in Illinois and Utah, and is pursuing…
Rubber & Tire Industry in Numbers
The global rubber and tire sector showed mixed signals this week, with share prices swinging across major manufacturers while raw material costs…
Top 50 Rubber Product Manufacturers: Global Markets Show Modest Growth
The world’s 50 largest non-tire rubber product manufacturers posted a combined sales increase of nearly 1% in 2025, reaching $85.1 billion, according…
Toyo Tire slashes profit forecast as weak markets and US tariffs batter earnings
Toyo Tire Corp. has downgraded its full-year operating income forecast after weak tire markets, higher costs, and the impact of US tariffs…
Thailand, Vietnam Strengthen Grip on EU Truck Tire Imports
Thailand and Vietnam have continued to strengthen their position in the European truck and bus tire market, with imports from both countries…
Proficient Auto Logistics acquires Hansen & Adkins for $130M in mid-August deal
Proficient Auto Logistics, a Jacksonville, Fla.-based auto hauler, will acquire Hansen & Adkins for $130 million in a deal expected to close…
Home Depot CEO Ted Decker Takes Medical Leave of Absence
Home Depot CEO Ted Decker is taking a temporary medical leave of absence, with Ann-Marie Campbell and CFO Richard McPhail assuming key…
Oil prices rise as Strait of Hormuz shutdown stokes supply fears
Oil prices edged higher on August 12, 2026, as the Strait of Hormuz—a critical chokepoint for global oil shipments—remained effectively shut down…