Annual Rubber Industry Accounts for FY2020 Show Second-Half Recovery on Automotive Rebound

Rubber industry earnings reports for the fiscal year through March 2021 show a second-half recovery from nearly across-the-board first-half negative revenue and profit performance due to the economic impact of the COVID-19 pandemic that struck early in 2020. The second-half turnaround reflected a worldwide economic recovery, powered in large part by strong performance in the Chinese and U.S. automotive industries….

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