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The rubber and tire industry has seen significant developments over the last seven days, with key players worldwide reporting solid growth performance. Selected tire manufacturers’ share-price trends show a mix of increases and decreases, with Bridgestone Corp. down 1.5% and Goodyear up 1.2%. Natural rubber futures have ended the first trading week of June at multi-year highs, supported by speculative buying amid supply-side uncertainties. The industry has also seen recent capacity additions and expansions, with companies such as Orion SA, Mitsui Chemicals, and TVS Srichakra investing in new facilities. Indian tire exports have reached a record INR273 billion in fiscal year 2025-26, rising 9% from the previous year. Financial results reported over recent weeks show a range of performances, with TSRC Corp. seeing a 32% increase in earnings and NOK Corp. reporting a 11.5% decrease in earnings. The industry is expected to continue to evolve, with new projects and investments on the horizon.
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Source: European Rubber Journal — Global Tire News (EN) (european-rubber-journal.com)