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.
Read MoreWacker Chemie AG reported stronger first-quarter earnings Tuesday despite lower sales, as cost-cutting measures and accelerated customer orders tied to geopolitical uncertainty boosted profitability.
The German chemical company said first-quarter sales fell 5% year over year to 1.41 billion euros, primarily due to unfavorable exchange-rate effects. Sales, however, increased 12% from the previous quarter.
Read MoreContinental started 2026 with a good first quarter. The Tires and ContiTech group sectors both increased their adjusted EBIT margins compared with the same quarter of last year, despite burdens from tariffs and exchange-rate effects. Adjusted free cash flow was also up year-on-year. By contrast, the economic environment and weak global markets hampered sales growth. Even against the backdrop of current geopolitical developments, the DAX-listed company has confirmed its full-year outlook. For 2026, Continental still expects consolidated sales of around €17.3 billion to €18.9 billion and an adjusted EBIT margin of around 11.0 to 12.5 percent.
Read MoreThe Yokohama Rubber Co., Ltd., announces that its greenhouse gas (GHG) emission reduction targets for 2035 have received SBT validation from the Science Based Targets initiative (SBTi), a corporate climate-action organization. SBT validation indicates that a company’s GHG reduction targets are scientifically consistent with standards established by the Paris Agreement.
Read MoreThe Goodyear Tire & Rubber Company (NASDAQ: GT) will report first quarter 2026 financial results after market close on Wednesday, May 6, followed by a conference call at 8:30 a.m. Eastern time on Thursday, May 7
Read MoreGoodyear launched Fast Is In Us, a global campaign celebrating the legendary Eagle performance tire family as one of the most iconic names in performance driving.
Debuting at the Kentucky Derby, the campaign marks the next chapter in Goodyear’s brand resurgence following last year’s STILL campaign, which leveraged the brand’s iconic status, reminding audiences that not all tires are born equal. Fast Is In Us builds on that momentum.
Read Morehe Tire Recycling Foundation (TRF) announced the finalists in the Foundation’s inaugural Circle of Change Awards – a national recognition program created to spotlight the people, organizations, and teams advancing tire recycling, expanding markets for recycled tire products, and demonstrating leadership in the circular economy.
Read MoreTeknor Apex Company announced it has joined as a founding partner in a new €75 million investment fund with OSS Ventures to scale proven industrial software companies across North America and Europe.
Teknor Apex will serve as the regional industrial anchor partner as OSS Ventures extends its operations into North America with a new office in Boston, MA — becoming the first U.S. manufacturer to both invest in and operate OSS portfolio software at scale.
Freudenberg Performance Materials (Freudenberg) announces Tacnera®, a new technology for silicone foam dressings used in advanced wound care. Unlike classic silicone adhesive layers, Tacnera® is a highly-developed, intelligently-engineered system that combines polyurethane foam, a proprietary coating technology and gentle silicone gel.
Read MoreReplacing traditional additives with a dosage of just tenths or even hundredths of a percent of graphene nanotubes allows manufacturers significantly to reduce the carbon footprint of conductive materials by a minimum of 5%—and even up to 26% according to a new study by OCSiAl.
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