Cargo theft is exploding across the US, with thieves increasingly targeting high-value shipments at their source rather than individual buyers. According to a report by Wired, criminals have turned their attention to Tesla’s Gigafactory Nevada, where they are stealing batteries…
The EU27 chemical industry has shown signs of improvement during the first quarter of 2026, but the recovery remains ‘fragile’ due to weak demand, high energy costs, and global trade risks. According to the European chemical industry council Cefic, business…
Malaysian glove giant Top Glove Corp. has posted a 64% year-on-year surge in profit after tax for the first nine months of its 2026 financial year, which ended 31 May. The company reported profit after tax of RM151 million (€32.4…
Shandong Chenhong Chemical Technology Co., a Chinese chemicals producer based in Weifang, Shandong province, has launched a new project to expand its rubber additives production capacity. The expansion will add 3,000 tonnes per year of rubber additives and 1,000 tonnes…
The European Automobile Manufacturers’ Association (ACEA) has released a position paper on the EU’s Industrial Accelerator Act (IAA), endorsing measures to bolster EU manufacturing and reduce reliance on external regions for clean technologies. As negotiations intensify, ACEA argues the legislation…
The rubber and tire industry has seen significant developments over the last seven days, with key players reporting solid growth performance. Share prices of selected tire manufacturers have shown varying trends, with Bridgestone Corp. increasing by 4.3%, Goodyear by 2.7%,…
BMW has rolled out the first wave of 2027 motorcycle updates, with most changes centring on revised pricing and package availability. A handful of models also pick up new or refreshed equipment worth noting. Here’s the full rundown of what’s…
Port trucking companies operating at major U.S. seaports remain under severe financial strain despite a rebound in May import volumes, according to industry leaders. The Harbor Trucking Association’s CEO, Robert Loya, described the current climate as a “freight recession,” noting…
Alpine has officially ended production of the second-generation A110 sports car after nine years, with the final unit rolling off the line on July 1. The lightweight, driver-focused coupe, though never sold in the U.S., earned global acclaim for its…
Genuine Parts Co. has attracted a cash bid from O’Reilly Automotive for its auto parts arm, valued at $10 billion or more, as it seeks to refocus on its industrials business. The unit, which includes the Napa aftermarket auto parts…