Shandong Dawn Polymer Materials Co. is investing RMB500 million (€64 million) to expand EPDM rubber production through a 25 kilotonne per annum project at its majority-owned subsidiary Ningbo SK Synthetic Rubber Co. The investment aims to strengthen competitiveness and ease…
The global rubber and tire sector saw mixed share-price movements last week, with Bridgestone, Michelin, Pirelli, and ZC Rubber posting modest gains, while Goodyear, Hankook, Sumitomo Rubber, and Yokohama Rubber slipped. Bridgestone closed at Yen3,425 (-1.2%), Goodyear at $6.29 (+2.1%),…
Spanish elastomer specialist Dynasol Elastomeros is spearheading the development of new high-flow hydrogenated thermoplastic elastomers as part of its ‘HFLOWTPE project’. The initiative targets improved processing properties, enhanced flow characteristics, and superior mechanical performance for higher-value applications. The project centers…
New car registrations in the European Union climbed 3.2% year-on-year to 955,013 units in May, according to ACEA data. Year-to-date demand increased 4% to just under 4.75 million units, signaling a strong start to 2026 despite ongoing geopolitical headwinds. The…
Japanese automotive supplier Toyoda Gosei has taken a strategic leap beyond its traditional boundaries by investing in ElevationSpace Inc., a Tohoku University spin-out focused on returnable small satellites. The move underscores Toyoda Gosei’s push to diversify amid what it describes…
Waymo, the autonomous vehicle unit of Alphabet Inc., has registered a local entity in Germany to offer ride-hailing services with autonomous vehicles. The company, which provides 500,000 autonomous trips weekly across 11 cities in the US, has set its sights…
FedEx Freight Holding Co. has reported its first earnings as an independent company following its separation from FedEx Corp. earlier in June 2026. CEO John Smith emphasized the firm’s strategic pivot into a “hunting phase” to aggressively pursue new business…
Global automakers Stellantis and Nissan are in advanced talks to acquire key assets from Marelli Holdings Co., the embattled auto parts giant currently restructuring under Chapter 11 bankruptcy protection. The negotiations, which remain non-binding and subject to change, focus on…
A cargo ship was struck by an unidentified projectile in the Strait of Hormuz on June 25, 2026, just hours after several freighters turned around while attempting to exit the critical waterway. The incident, which UKMTO classified as an attack,…
President Donald Trump has directed the U.S. Department of Justice to investigate gasoline prices, alleging that major oil companies are not reducing pump prices in line with falling crude costs. In a Truth Social post, Trump criticized Exxon Mobil, Chevron,…