Today's News

Pirelli announces $1.2 billion expansion of Rome, George plant

The investment plan will support Pirelli’s growth in the High Value segment in the United States, the world’s largest market for this segment, accounting for approximately 40% of global volumes. The project will strengthen the company’s local-for-local strategy, enhance supply chain resilience, and meet the growing demand for technologically advanced “Made in USA” products. Furthermore, the investment reinforces Pirelli’s long-term commitment to the country, where the company has operated in the State of Georgia since 2002 and established strong relationships with government institutions, local authorities, and universities.

Freudenberg announces new Automotive Aftermarket business group

The Freudenberg Group is bringing its global Automotive Aftermarket activities together in a dedicated new Business Group, effective January 1, 2027. The new organization will enable customers worldwide to benefit from broader product access, enhanced service capabilities, stronger technical expertise, and a more integrated market approach.

Continental sells mycar Tyre & Auto to Tuhu

Continental has announced the sale of its subsidiary mycar Tyre & Auto, one of the largest tire, automotive service and repair chains in Australia, to Tuhu, a leading Chinese automotive service platform. The transaction is based on an enterprise value of 403 million Australian dollars (approx. 250 million euros).

H.B. Fuller reports positive third quarter

The St. Paul, Minnesota-based company reported net income of $79 million, or $1.44 per diluted share, for the quarter ended Aug. 29. That compares with adjusted net income of $83 million and adjusted earnings of $1.52 per share. Adjusted earnings per share rose 21% from a year earlier.

Maxam Tire expands forestry tire portfolio

Maxam Tire announces an expansion of its forestry tire portfolio with the introduction of the MS934, a new series for forwarders and skidders, and the MS936 TimberXtra, for skidders and feller bunchers. Both series are engineered to deliver exceptional traction, flotation and durability for forestry applications operating in different terrains and conditions.

Sumitomo Rubber to end karting tire supply at end of 2027

Sumitomo Rubber Industries Ltd. said it will discontinue its supply of karting tires at the end of 2027, ending a business that has operated for more than five decades.

The company, which supplies karting tires under the Dunlop brand, said Sept. 4 that the decision was made as part of its medium- to long-term management strategy and in response to changes in the business environment.

Chemicals and Materials

Flexsys narrows 6PPD replacement to two final molecules

Flexsys has developed the world’s first viable alternative to 6PPD, the Company has now completed screening efforts and is focusing on two final candidate molecules for expanded testing and ultimately final selection as a replacement for 6PPD in tires.
Flexsys has also entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Geological Survey (USGS) to independently and thoroughly evaluate the two molecules’ potential effects on aquatic life

Latex and Natural Rubber

Olam Agri acquisition nearly doubles rubber processing capacity in Ivory Coast

Olam Agri has completed its acquisition of Asia Africa Rubber Industry S.A., adding 176,000 metric tons of annual rubber processing capacity in Ivory Coast as the company moves to expand its natural rubber business and meet growing demand for traceable supplies.

The acquisition nearly doubles Olam Agri’s rubber processing capacity in the West African country and is expected to improve operational efficiency, supply reliability and access to international customers, the company said.

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