Rubber News Specialist, Helixtap

Vinod Nedumudy

Rubber News Specialist

Global Commodities Alternative Data and Insights

Helixtap

Helixtap collects, processes and distributes proprietary data, analyses and forecasts for the rubber, latex and automotive markets

Commodities

<ul><li>ENSO to set up carbon-neutral tire production unit for US$500 million  </li><li>New US legislative proposal to propel tire retreading  </li><li>Lower farm tire demand forces Bridgestone Americas to trim workforce</li></ul>

ENSO to set up carbon-neutral tire production unit for US$500 million  New US legislative proposal to propel tire retreading  Lower farm tire demand forces Bridgestone Americas to trim workforce

US Tire Industry Getting Greener With Twin Initiatives

CEO, Helixtap

Farah Miller

<ul><li>Rumours abound on guessing about anti dumping duties for China tires  </li><li>Strong presence of Asian brands at Tire Expo  </li><li>Modern factories, younger leadership and personnel some factors driving the shift away from traditional brands</li></ul>

Rumours abound on guessing about anti dumping duties for China tires  Strong presence of Asian brands at Tire Expo  Modern factories, younger leadership and personnel some factors driving the shift away from traditional brands

The Tire Cologne Marks A Major Transition

<ul><li> Tire volumes of top brands decreasing, and looks like it will continue to do so   </li><li> Premium tire makers are focusing on high rim diameter (HRD) due to commoditization in standard tire segment   </li><li> Sumitomo, Bridgestone, Yokohama and others have all chosen to limit their truck tire businesses in China, and domestic tire brands have filled in the gap </li></ul>

 Tire volumes of top brands decreasing, and looks like it will continue to do so    Premium tire makers are focusing on high rim diameter (HRD) due to commoditization in standard tire segment    Sumitomo, Bridgestone, Yokohama and others have all chosen to limit their truck tire businesses in China, and domestic tire brands have filled in the gap 

Tire Majors Losing Share To Lesser Brands

<ul><li>New brands show growth including Chinese tire makers  </li><li>Majors share by tire revenue is lower: the big brands have been losing share to the lesser brands since 2019, especially in passenger car tires.  </li><li>Mild winter meant less winter tyres sold, impacting sales of European tire manufacturers</li></ul>

New brands show growth including Chinese tire makers  Majors share by tire revenue is lower: the big brands have been losing share to the lesser brands since 2019, especially in passenger car tires.  Mild winter meant less winter tyres sold, impacting sales of European tire manufacturers

Tire Industry Sees Mixed Picture Worldwide

<ul><li>Japanese major to focus on passenger car tires in China  </li><li>Latest shutdown after downing of Huizhou plant three years ago  </li><li>Bridgestone gets recognition for transparency and action on climate change</li></ul>

Japanese major to focus on passenger car tires in China  Latest shutdown after downing of Huizhou plant three years ago  Bridgestone gets recognition for transparency and action on climate change

Squeezed Margins Force Bridgestone To Pull TBR Out Of China

Japan

BRIDGESTONE CORPORATION designs, produces, and sells automobile tires. The Company also produces and markets scales to weigh racing cars and jumbo aircrafts and sporting goods including golf equipment, tennis rackets, and bicycles.  Bridgestone operates its businesses worldwide.

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Bridgestone Corp (5108 JP)

US Tire Industry Getting Greener With Twin Initiatives

UK-based tire company ENSO, which makes eco-friendly tires, chiefly for electric vehicles, has unveiled plans to set up a carbon-neutral factory in...

Helixtap

The Tire Cologne Marks A Major Transition

The Tire Cologne took place last week (4-6 June, in the German city of Cologne) showing the progress of tire makers based in China.

Helixtap

Tire Industry Sees Mixed Picture Worldwide

The global tire industry is changing. The financial results for the 12 months to December 2023 show it. Most of the major brands are losing share,...

Helixtap

Squeezed Margins Force Bridgestone To Pull TBR Out Of China

In a strategic shift purported at bolstering its earning power and aligning with its long-term vision, global tire leader Bridgestone Corporation...

Helixtap

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

US Tire Industry Getting Greener With Twin Initiatives

UK-based tire company ENSO, which makes eco-friendly tires, chiefly for electric vehicles, has unveiled plans to set up a carbon-neutral factory in...

Helixtap

The Tire Cologne Marks A Major Transition

The Tire Cologne took place last week (4-6 June, in the German city of Cologne) showing the progress of tire makers based in China.

Helixtap

Tire Majors Losing Share To Lesser Brands

Over the last few years – and especially since Covid – we have seen tire volumes at the top brands decreasing, while the lesser brands are rapidly...

Helixtap

Tire Industry Sees Mixed Picture Worldwide

The global tire industry is changing. The financial results for the 12 months to December 2023 show it. Most of the major brands are losing share,...

Helixtap

Squeezed Margins Force Bridgestone To Pull TBR Out Of China

In a strategic shift purported at bolstering its earning power and aligning with its long-term vision, global tire leader Bridgestone Corporation...

Helixtap