Goodyear’s first quarter 2025 net sales were $4.3 billion, with tire unit volumes totaling 38.5 million. Goodyear net income was $115 million (40 cents per share) compared to a Goodyear net loss of $57 million (20 cents per share) a year ago. The first quarter of 2025 included several significant items including, on a pre-tax basis, an estimated gain on the sale of the Off-the-Road (OTR) tire business of $260 million, rationalization charges of $81 million and Goodyear Forward costs of $7 million.

The Rubber Division invites your submissions for inclusion in our Global Polymer Summit Technical Meeting & Student Symposium, September 9-11 in Cleveland, OH. Combining the strengths of Rubber Division, ACS’ International Elastomer Conference (IEC) and Rubber News’ International Tire Exposition and Conference (ITEC), the newly created Global Polymer Summit bridges the tire and rubber industries through comprehensive technical programming, engaging discussions and a dynamic all-in-one event. We are collaborating to bring an exceptional lineup of exhibitors, speakers and panels to this groundbreaking summit which thousands will be attending.

The Mid-Atlantic Rubber and Plastics Group (MARPG) announces several events and opportunities for 2025. Here’s a preview of what’s ahead:

Spring Lunch & Learn Session – On May 30, 2025, MARPG will host an online Lunch & Learn session. This event offers a chance to gain fresh insights and connect with industry peers from the comfort of your desk. For more information, visit MARPG Events.

The U.S. Tire Manufacturers Association (USTMA) applauds the bipartisan passage of H.J.Res. 61, a resolution that enhances environmental stewardship and reduces financial burdens on tire manufacturing facilities. Introduced by Rep. Morgan Griffith (R-Va.), and co-sponsored by over 20 Representatives from 14 states, it overturns the EPA’s revised rule on Rubber Tire Manufacturing National Emissions Standards for Hazardous Air Pollutants (NESHAP), published on November 29, 2024. Sen. Tim Scott (R-S.C.) led the effort in the Senate with S.J.Res. 24, supported by 9 co-sponsors. USTMA submitted a letter of support for the resolution prior to the House vote.

In the first quarter of 2025, Continental achieved consolidated sales of €9.7 billion (Q1 2024: €9.8 billion, -0.8 percent). Its adjusted operating result increased to €639 million, corresponding to an adjusted EBIT margin of 6.6 percent. Without the application of IFRS 5, the adjusted operating result would have been €586 million (Q1 2024: €201 million) and the adjusted EBIT margin would have been 6.0 percent (Q1 2024: 2.1 percent). Due to the planned spin-off of the Automotive group sector, the accounting standard IFRS 5 (Non-current Assets Held for Sale and Discontinued Operations) has been applied as required. Consequently, since the Supervisory Board approved the spin-off on March 12, 2025, depreciation on those parts of the business earmarked for spin-off has no longer been taken into account.

The globally operating ENGEL Group has closed the 2024/25 financial year with a turnover of approximately EUR 1.5 billion. Despite a continued decline in market conditions, the injection molding machine manufacturer held its ground against European competitors and continued to expand its market share – driven by innovation and targeted regional strategies.

Although revenue fell by nearly 10% compared to the previous year, ENGEL has demonstrated its resilience. The past financial year was marked by reduced investment activity and a significant drop in incoming orders across all areas of industry. ENGEL not only remained stable in this environment, but also systematically increased its market share in multiple sectors and regions. “We have learnt to remain capable of action during crises – and once again proven that ENGEL can act reliably and with foresight even under difficult conditions,” says Stefan Engleder, CEO ENGEL Group.