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Russia war in Ukraine

Michelin_Davydovo-main_i.jpg
Russia war in Ukraine
Continental, Michelin progressing on Russian exit plans

Continental and Michelin continue to work toward exiting the Russian market nearly nine months after announcing their decisions to dispose of their operations in the country in the aftermath of Russia's invasion of Ukraine.

Russia invasion of Ukraine 2022
Russia war in Ukraine
Russian invasion alters tire business landscape

Of the seven non-Russian tire companies with manufacturing operations in Russia, all have cut back sharply their business activities there, and two have declared they are cutting ties completely.

Yokohama Lipetsk factory
Russia war in Ukraine
Yokohama resumes production at Russian plant

Yokohama Rubber Co. Ltd. has resumed production at its tire plant in its tire operations in Russia following a halt in production since March.

Copy of Sibur plant 1-Niz-main_i.jpg
Russia war in Ukraine
Russia’s Sibur breaks silence, says business remains strong

It's been nearly six months since Russia invaded Ukraine, and Moscow-based Sibur Holdings, a top five global supplier of synthetic rubber, said the war hasn't had a major impact on its elastomers operations to this point.

Michelin_Davydovo-main_i.jpg
Russia war in Ukraine
Michelin to end tire production in Russia, transfer operations

Group Michelin has become the second tire maker to announce it would end tire production in Russia as a result of the war in Ukraine.

Nokian-Vsevolozhsk-Russia-main_i.jpg
Russia war in Ukraine
Nokian reverses course, begins 'controlled exit' from Russia

Nokian's board of directors has approved a 'controlled exit"'from Russia, explaining that the country's ongoing war in Ukraine and subsequent sanctions make it 'no longer feasible nor sustainable' to continue operating there.

Pirelli-Romania_i.jpg
Russia war in Ukraine
Pirelli moves to replace production losses in Russia

Faced with international sanctions on products manufactured in Russia, Pirelli is planning to use factories in Romania and Turkey to produce tires for European markets that it previously sourced from plants in Russia.

Voltyre Prom_i.jpg
Russia war in Ukraine
Titan halts investments in Russian factory

Titan International has halted investment in its Russian operations, due to the ongoing war in Ukraine and global sanctions on Moscow.

Copy of Continental flags_i.png
Russia war in Ukraine
Conti resumes production at Russian tire plant

Continental A.G. has temporarily restarted production at its passenger tire plant in Kulaga, Russia, in an effort to keep local workers safe.

ETRMA-logo_i.jpg
Russia war in Ukraine
Ukraine war clouds positive Q1 for EU tire makers

Aftermarket shipments of most tire types throughout Europe were up comfortably in the first quarter, but the pace of growth slowed in March due to uncertainties arising from the Russia - Ukraine war.

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