Rubber & Tire Industry in Numbers

The rubber and tire industry has seen significant developments over the last seven days, with various companies reporting their financial results and announcing new projects. Selected tire manufacturers’ share-price trends show that Bridgestone Corp.’s share price increased by 1.1% to Yen3,747, while Goodyear’s share price rose by 4.5% to $7.45. Hankook’s share price also increased by 4.2% to KRW76,700. On the other hand, Michelin’s share price decreased by 0.9% to €34.92. Nokian Tyres’ share price saw a significant increase of 15.0% to €15.00. In terms of rubber product manufacturers, Avon Technologies’ share price rose by 3.1% to £17.24, while Cooper-Standard’s share price decreased by 1.8% to $29.00. Datwyler’s share price decreased by 4.5% to CHF143.80. The natural rubber futures price trends on major trading exchanges show that the Osaka RSS3 Sept ’26 price increased by 1.5% to 423.0 JPY. The SHFE SCR/RSS Sept ’26 price remained relatively stable, decreasing by 0.0% to 16,795 CNY. The INE TSR Sept ’26 price decreased by 0.7% to 14,570 CNY. The SICOM TSR20 Sept ’26 price decreased by 0.4% to 213.9 US$c. The SHFE BR Sept ’26 price increased by 9.2% to 13,645 CNY. Several companies have reported their financial results, including Datwyler, which saw a 3.5% increase in sales to CHF582.7m and a 9.9% increase in earnings to CHF75.7m. Nokian Tyres reported a 10.6% increase in sales to €380m and a 136% increase in earnings to €35m. Semperit Group reported a forecasted earnings of €40m for Q2/26 and €100m for FY26. TSRC Corp. reported a 32% increase in earnings to NT$651m. NOK Corp. reported a 3.7% decrease in sales to Yen738.4bn and an 11.5% decrease in earnings to Yen33.0bn. Avon Technologies reported a 6.8% increase in sales to GBP160.8m and a 39.4% increase in earnings to GBP24.4m. JK Tyre reported an 11% increase in sales to $1,746m and a 25% increase in earnings to $222m. Fukoku Co. reported a 0.4% increase in sales to Yen90bn and a 19.4% decrease in earnings to Yen3.8bn. Hankook reported a 9.3% increase in sales to KRW2.57trn and a 31% increase in earnings to KRW437.5bn. Toyo Tire Corp. reported a 3.4% decrease in sales to Yen130.9bn and an 8.1% decrease in earnings to Yen20.6bn. Recently reported capacity additions and expansions include Befar Group’s plan to build a 250ktpa speciality rubber plant by 2029, Sinochem Quanzhou Petrochemical’s plan to build a new 80ktpa carbon black plant, and Ceat Ltd’s plan to expand its 2W tire production. Other notable projects include Kumho Tire’s investment in a new tire plant, Zenith Group’s plan to build a plant to produce steel cord for tires, and Wanli Tire’s plan to establish a new tire manufacturing plant in Malaysia. Pirelli has also announced a major US investment plan worth $1-1.2bn, pending approval at an upcoming board meeting.