South Korea’s HS Hyosung Advanced Materials has deepened its commitment to US-based Trillium Renewable Chemicals by leading a $13 million (€11 million) Series B funding round. The investment follows Hyosung’s existing stake in Trillium since 2022 and positions the Korean conglomerate … Read more
Taiwanese carbon black giant CSRC International Corp. is accelerating its pivot away from commoditised rubber grades toward speciality materials, citing persistent oversupply and brutal price competition in the traditional carbon black sector. In a 26 May shareholders’ meeting report, the group—parent … Read more
Continental has completed a €300m expansion project at its tire manufacturing plant in Rayong, Thailand, increasing annual production capacity by 3 million passenger car and light truck tires and adding 600 jobs. The expansion also marks the start of local radial … Read more
Chinese tire giant Shandong Linglong Tire Co. Ltd has pulled the plug on its planned €1 billion investment in a Brazilian tire manufacturing plant after failing to reach agreement with its proposed partner on core terms. In a 27 May filing … Read more
The global tire and rubber machinery sector has rebounded strongly in 2024, according to the European Rubber Journal’s (ERJ) Tire & Rubber Machinery Survey 2024. After flat sales in 2023, respondents reported an 18.6% year-on-year increase in total sales, reaching $3,712 … Read more
According to the ERJ Tire & Rubber Machinery Survey 2025, rubber and tire machinery makers have recorded solid growth performance, with total sales among respondents reaching $3,735 million, a year-on-year increase of 14.1%. This growth is slower than the 18.6% gain … Read more