Goodyear Tire & Rubber Co. said that it has agreed to sell its tire reinforcement wire business to South Korea's Hyosung Corp. for $50 million.
Goodrich Corp. says it will close its aircraft landing gear plant in Cleveland by the end of next year, eliminating about 400 jobs.
Maker of Continental and General brand tires says its investment of $224 million into its southern Illinois plant will mean more than 440 new jobs.
German chemical company BASF SE says it more than doubled first-quarter earnings thanks to increased demand for its chemicals and plastics.
Researchers developed ways to substitute feathers for petroleum in some plastic products, and at least two companies are working to bring items to market.
Goodyear's focus on high-end products helped it set a company sales record for any quarter and reverse a loss from the first quarter of 2010.
Phoenix Packaging Operations is planning to expand its plastic manufacturing operations, creating 100 jobs and investing $17.5 million for the project.
Plastics workers union and Thomas & Betts Corp. are discussing ways to keep the plant open instead of moving its production of electrical outlet boxes to Tennessee.
Where workers once assembled Ford pickups, they now will sort, package, and ship plastic pellets.
Firefighters have evacuated hundreds of people from their homes in eastern Czech Republic because of the risk of toxic fumes from a huge fire at a plastics factory.
Tulsa-based Williams said it will produce up to 17,000 barrels a day of ethane and ethylene for Nova Chemicals, which is Canada's biggest plastics producer.
Goodyear Tire & Rubber plans to make plant investments over the next two years aimed at increasing production of more profitable high-end tires.
Continental Tire says it will recall 390,000 truck tires, most of which are used as original tires on 2008-2009 Ford F-250 and F-350 trucks.
BP PLC increasing production capacity for purified terephthalic acid, a raw material used to make textiles, bottles and film products, at its Zhuhai Chemical Co. site.
Goodyear Tire & Rubber Co.'s fourth-quarter sales jumped 14 percent, but it lost $177 million as it disclosed plans to close a plant in Tennessee.
Tire maker will raise the price of its passenger car tires by an average of 8 percent, against the backdrop of surging material costs and growing demand.
Chemical and plastics maker said it posted a fourth-quarter profit, reversing a year-ago loss, as worldwide demand for packaging materials and chemicals increased.
Supplier of plastic, glass, and metal containers and closures acquired Chicago-based Continental Packaging Solutions to expand the resources available to customers.
Titan Tire Corp. has agreed to buy Goodyear Tire and Rubber Co.'s European and Latin American farm tire businesses for $130 million.
Beijing regrets a WTO ruling that U.S. acted within its rights when it raised import taxes on Chinese tires by as much as 35 percent and will file a complaint.
Germany's Bayer AG says it plans to expand its production of plastics and high-tech materials in China -- investing some $1.33 billion at a site in Shanghai.
Ohio-based plastics manufacturer says it will open a plant in Forsyth early in 2011 that will manufacture and distribute paint-related packaging items.
Nashville-based Bridgestone Americas Inc. is cutting 425 jobs nationwide and moving two unit headquarters to the Music City.
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