Not only Covid… but also duties

As if the world of tires did not have enough to deal with, the United States International Trade Commission (US ITC) yesterday published its guidance on timing of its investigation into alleged dumping of light tires from some S E Asian countries. For those who have access to the US government EDIS system, the document

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Q1 results show scale of crisis in global tire industry

This week we are focussing on Q1 results, and the outlook for Q2 and beyond, following the results statements by various companies in the tire industry. These stock market reports are probably the best public information on the present state of the industry. Wolfgang Schäfer, CFO of Continental AG said, “in our important European and

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Global tire factories continue to lift lock-downs

In the last week or so, we have noted that up to 75 more tire factories re-opened around the world. As of 7 May, we estimate that around two-thirds of tire factories in the world (excluding China) are now open. That compares with around half just one week ago. We are expecting that most of

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Tire industry in May – worst crisis ever

We just published the May 2020 edition of our global tire industry newsletter, and distributed it to subscribers (30 April). Each corporate subscriber has the right to distribute to unlimited direct employees worldwide, so if you are interested, feel free to contact us. If your employer receives it already, we can send out a free copy.

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Tire factory openings accelerate

Tire factories have been re-starting around the world over the last week or two. Europe, the United States, and even India have seen a series of re-starts. Many more are expected to re-start this week and next. Meanwhile, a number of Japanese and Korean factories have closed temporarily, due to over-supply in the market. They

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From http://TireIndustryResearch.com | US ITC extends deadline for petitions over investigations into dumping, subsidies on light tires from Thailand, Taiwan, Vietnam, Korea https://bit.ly/2XyGazy

From http://TireIndustryResearch.com | Goodyear dismissed 832 Amiens workers unfairly - French court https://bit.ly/2XE5mEV

From http://TireIndustryResearch.com | Ceat Sales fall 12%; profits fall 28% in three months to March https://bit.ly/2zvTQDL

From http://TireIndustryResearch.com | Goodyear Lastikleri Halts Production In Adapazari and İzmit Plant Due To Covid-19 https://reut.rs/2XDn4Zq

From http://TireIndustryResearch.com | Orion Engineered Carbons Breaks Ground on New Logistics Center in Cologne, Germany https://bit.ly/3gy2rWW

From http://TireIndustryResearch.com | Olam publishes concept paper on digitising the NR supply chain https://bit.ly/2BdwsLI

From http://TireIndustryResearch.com | Liberia: Salala Rubber Corporation (SRC) Under Fire, as 22 Communities Complained of Abuses https://bit.ly/3evUMH6

From http://TireIndustryResearch.com | Rubber worker statue to be installed in downtown Akron in early September https://bit.ly/2TNFK7F

From http://TireIndustryResearch.com | India to investigate imports of 6PPD from China for alleged dumping https://bit.ly/2TSZZAS

From http://TireIndustryResearch.com | India to investigate imports of NBR from China PR, European Union, Japan and Russia for alleged dumping https://bit.ly/2XFDpfV