Lanxess expects record earnings in 2017

Specialty chemicals firm Lanxess, expects highest earnings in company’s history in 2017 mainly due to good second quarter results. Global sales of the company increased by almost 30 per cent to EUR 2.5 billion, up from EUR 1.9 billion a year earlier. EBITDA pre...

JK Tyre’s Q1 FY18 revenue at INR 14469 million

JK Tyre and Industries reported standalone income of INR 14469 million for the three months ended June 30, 2017. Total expenses went up by 2.5 per cent to INR 15474.3 million due to increase in raw material costs, transition to new emission norms and new indirect tax...

Goodyear launches EfficientGrip Performance SUV tyre

Goodyear has launched the EfficientGrip Performance SUV tyre in the luxury SUV highway segment in Buriram, Thailand. It delivers a quieter driving experience with maximised comfort and exceptional wet braking performance, the company said. “Goodyear is always at the...

Yokohama registers profit in H1 2017; revises projection

The Yokohama Rubber Company Limited has registered profits for the first half of 2017. Operating income increased to 18.4 billion yen, up by 16.8 per cent over H1 2016; net sales increased by 15.9 per cent to 310.8 billion yen and profit attributable to owners of...

Nokian Tyres posts impressive H1 2017 results

Nokian Tyres has posted strong first half 2017 results with solid full year expectations. Net sales increased by 17.2 per cent to EUR 718.9 million. Currency exchange rate changes affected net sales positively by EUR 32.2 million during January–June 2017. Operating...