Author: RubberWorld

Albemarle Corp., reported sharply higher first-quarter earnings driven by stronger pricing and demand in its energy storage and specialty materials businesses. Revenue rose 33% to $1.43 billion, fueled by higher volumes and prices in its energy storage and specialty segments. Energy storage sales increased 70% to $891.2 million, with pricing up 51% and volumes up 14%. Specialty sales also increased during the quarter.

The company posted net income of $319.1 million, or $2.34 per diluted share, for the quarter ended March 31, 2026, compared with $41.3 million, or breakeven on a per-share basis, a year earlier.

Sales growth in the first quarter was driven by strong performance in major markets such as Europe and North America. In addition, the recent plant expansion in Europe improved production stability, leading to increased sales from existing customers and more new clients. The company also maintained stable growth in original equipment (OE) sales thanks to its diversified product portfolio, even with the downturn in global automotive demand.

AirBoss of America Corp. reported higher first-quarter profit and adjusted EBITDA Tuesday as growth in its defense products business and improved performance in rubber molded products offset continued softness in industrial markets.

The company reported profit of $2.1 million for the quarter ended March 31, compared with a loss of $408,000 in the same period a year earlier. Adjusted profit rose to $2.3 million from a loss of $408,000 a year earlier.

Solvay reported lower first-quarter sales in 2026 but maintained solid profitability, supported by cost reductions, portfolio optimization and one-time gains.

Net sales fell 8.5% on an organic basis to 997 million euros compared with the same period a year earlier, reflecting weaker volumes across most businesses and pricing pressure, particularly in soda ash and Coatis.

Wilmington, DE — DuPont de Nemours Inc. reported higher first-quarter 2026 earnings and revenue on Wednesday, driven by organic sales

The Goodyear Tire & Rubber Co. reported a first-quarter loss Tuesday as weaker tire demand, competitive pressures and restructuring costs weighed on results despite gains from pricing and its ongoing turnaround plan.

Goodyear posted a net loss of $249 million, or 86 cents per diluted share, for the quarter ended March 31, compared with net income of $115 million, or 40 cents per diluted share, in the same period a year earlier.