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Semperit executive board addresses take-over offer

The Executive Board of Semperit AG Holding is addressing what they consider to be the key arguments for and against accepting the voluntary take-over offer made by B&C Holding Österreich GmbH. The aim is to provide shareholders with a framework to guide their individual decision-making. The Executive Board refrains from making a definitive recommendation regarding whether to accept or reject the offer. The Supervisory Board concurs with this statement.

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Pirelli expands production in the US with Cyber Tyre technology

Pirelli is reinforcing its long-term commitment to the United States with a key step in its product and industrial strategy. The Georgia plant, already dedicated to the most technologically advanced products for the U.S. market—both in the High-Value segment and in Motorsport—will be further enhanced by the production of connected tires featuring Cyber™ Tyre technology. This development highlights the strategic importance of the U.S. for Pirelli’s global growth roadmap, strengthening the company’s integrated industrial and technological presence in the country.

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Wacker reports increased profits despite lower sales

Wacker 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.

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Health impact of tire wear particles remains inconclusive

The final installment of a three-part scientific State of Knowledge (SoK) paper series on tire wear emissions concludes that, while the understanding of tire wear emissions has advanced, current data to quantify human health impacts attributable to tire wear emissions remains inconclusive. Supported by the Tire Industry Project (TIP)—part of the World Business Council for Sustainable Development (WBCSD)—the SoK series represent the most comprehensive review of global science on tire wear emissions to date, analyzing more than 850 peer-reviewed scientific publications.

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Sabrina Soussan elected chair of the Supervisory Board for Continental

Sabrina Soussan has taken over as chair of the Supervisory Board of Continental AG. At its constituent meeting immediately following today’s Annual Shareholders’ Meeting, the Supervisory Board unanimously elected her as its chair. Shareholders had previously elected her to the Supervisory Board as a shareholder representative. Soussan succeeds Wolfgang Reitzle

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Bridgestone announces executive leadership changes

Bridgestone announced the roles of West CEO and Group President, North America are being decoupled. Scott Damon will continue in his current role as West CEO. Robert Johnson has been appointed Group President, North America. In this role, he will assume leadership of North America Core Tire as well as have end-to-end ownership and accountability for the full North America profit and loss (P&L). Wade Sempkowski has been named West Chief Financial Officer, succeeding Johnson in that role.

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