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First quarter sales increased 0.7% compared to prior year, driven by strong price/mix, partly offset by the effect of lower volume and the impact of foreign exchange. Revenue per tire increased 12% excluding the impact of foreign exchange. Tire unit volume in the quarter totaled 41.8 million units, down 7.1% from prior-year levels. The stronger U.S. dollar reduced sales by approximately 3%. First quarter 2023 net loss was $101 million ($0.35 per share loss) compared to net income of $96 million ($0.33 per share) a year ago. The decrease in net income was primarily due to cost of goods sold increases, driven by inflation and higher raw material costs, in excess of increases in net sales.

Continental has fully acquired the printing technology business of Trelleborg, a company headquartered in Lodi Vecchio, Italy. This strategic step expands the technology company’s range of surface solutions in the field of printing technology at the same time as boosting its business with industrial clients.

The Milliken & Company released its fifth annual sustainability report, “For HumanKind,”. The report tracks Milliken’s progress on its 2025 Sustainability Goals, originally set in 2019, and provides initial baseline data for its net-zero targets, formally verified in 2022. The report showcases how sustainability impacts Milliken’s business today and is integral to the company’s future.

Bridgestone announced the launch of the latest addition to its iconic ultra-high performance Potenza lineup: the Bridgestone Potenza Race tire. Created for track enthusiasts looking to perform and push the limits, the all-new Potenza Race is a semi-slick tire homologated for public roads, but with performance focused on track days.

Dow has been named a Supplier Engagement Leader for addressing climate change for the second consecutive year by CDP, a global non-profit that runs the world’s environmental disclosure system for companies, cities, states, and regions.

The Goodyear Tire & Rubber Company will report first quarter 2023 financial results after market close on Thursday, May 4, followed by an investor conference call at 8:00 a.m. EDT on Friday, May 5

Brenntag announced the opening of its new Material Science Application and Development Center situated in Navi Mumbai, India. The center will focus on applications development and formulation support for customers in coatings, adhesives, construction, polymers, and rubber.

Bridgestone will introduce the Greatec M847 at Waste Expo 2023, held May 1-4 at the Ernest N. Morial Convention Center in New Orleans.

Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas, announced the launch of “Download the App, Plant a Tree” – a three-week campaign encouraging customers of Firestone Complete Auto Care and Tires Plus to act sustainably by reducing paper waste. Between Earth Day (April 22) and the conclusion of Bridgestone’s Sustainable Business Week (May 12), BSRO will partner with the National Forest Foundation to plant a tree for every new My Firestone and Tires Plus app downloaded.