BKT has announced that it has rolled out the first radial agricultural tyre at its new expanded Bhuj plant. The company has invested Euro 95 million in the project, which began on 22 May, 2021.

The new plant that spread over 12 acres will achieve its full manufacturing capacity of 50,000 metric tonnes within six months, the company said in a press release.

BKT has plans to “significantly expand its tyre production to meet the global increase in the demand of tyres particularly from the agricultural sector.”

Arvind Poddar, Chairman and Managing Director, BKT, said, “The worldwide demand for agricultural tyres is on the upswing. There is a strong indication that growth in this sector is here to stay and in keeping with the company vision of growth and quality, the present expansion would meet the expectations of our loyal customers. During one of the most difficult times that the world has seen by way of the pandemic in 2021, we adopted a strategy that helped us satisfy even our most demanding customers and deliver our products as per their requirements. We truly feel that it is time to act and put our best foot forward to meet our commitment to the rising needs of our customers. This expansion is our answer to the universal demand.”

This production plant is located at Bhuj in the Gujarat, India. It helps the company in shipping BKT products to over 160 countries across the world, the release added. (TT)

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Kraton Corporation, a leading global producer of speciality polymers and high-value bio-based chemicals derived from pine wood pulping co-products, a global price increase for all polymer products with effect from 1 April 2026. The price hike will range from USD 440 per MT to USD 700 per MT, or as individual contract terms permit, with the exact price change varying according to the polymer type and production location.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing conflict in the Middle East, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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German specialty chemicals company LANXESS has announced a global price increase for its portfolio of functional additives for the manufacture of tyres and speciality rubbers. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by 15 to 50 percent.

The driving forces behind these significant pricing actions are multifaceted, rooted in substantial disruptions to global supply chains. These disruptions are largely attributed to the ongoing geopolitical conflict, which has had a cascading effect on logistics. Compounding this issue are the sharply rising costs associated with transportation and essential raw materials.

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Orion S.A., a global speciality chemicals company, has announced a global price increase for its portfolio of speciality carbon black. These changes, which are set to take effect immediately or as soon as individual contract terms permit, will see prices rise by up to 25 percent.

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