ATMA, ATIC and BTMA Join Tire Industry Project

The Tire Industry Project (TIP) has recently welcomed new members, including the Australian Tyre Industry Council (ATIC), the British Tyre Manufacturers’ Association (BTMA), and the Automotive Tyre Manufacturers’ Association (ATMA) of India. These organizations join others like the European Tyre and Rubber Manufacturers’ Association (ETRMA), the Japan Automobile Tyre Manufacturers Association (JATMA), and more.

“We are pleased to welcome ATIC, ATMA and BTMA to our growing network,” said TIP Executive Director Larisa Kryachkova. “Tyre Trade Associations are instrumental to the realization of a sustainable tyre value-chain, and their regional expertise and insights are invaluable in understanding regulatory developments and offering global approaches to tyre lifecycle sustainability. TIP builds strength with an increasingly diverse membership that is united by a vision of a world in which the tyre value chain has a positive impact on people and the planet​.”

As Affiliate Members, these organizations collaborate with TIP to address global environmental, social, and governance (ESG) issues related to the tyre industry. However, they don’t participate in governing the project.

TIP, established in 2005, focuses on a science-driven and collaborative approach to sustainability in the tyre sector. In 2022, TIP renewed its commitment to sustainability, including a new mission, governance structure, and an effort to recruit additional members. The organization’s updated structure involves research, action, engagement, and communication, with projects focusing on tyre emissions, end-of-life tyre management, and sustainability assessments.

This expansion reflects TIP’s dedication to addressing global challenges and promoting sustainability in the tyre industry through research and collaborative efforts.

“Directors and Members of the Australian Tyre Industry Council are delighted that the cooperation, with WBCSD and TIP in particular, has finally been formalized. The challenges faced by the tyre industry are becoming increasingly complex and global in their nature and their potential solutions. We have always held TIP in the highest esteem as one of the most active organizations in this domain. Personally, I very much look forward to working with international colleagues and staff from TIP in our common pursuit of a strong and sustainable reality for our industry,” said Silvio de Denaro, Chairman of the Council, ATIC.

“The Automotive Tyre Manufacturers’ Association (ATMA), India, is excited to join TIP as an Affiliate Member. TIP’s work, with an enhanced focus on sustainability-driven topics of interest and relevance to the global tyre industry, such as end-of-life tyres and tyre abrasion, will provide an excellent platform for discussion and research on areas of common interest as well as for best-practice sharing among stakeholders. We look forward to being a part of TIP discussions to address key ESG challenges and issues faced by the global tyre industry,” said Anshuman Singhania, Chairman, ATMA.

“Informal ties between the British Tyre Manufacturers’ Association (BTMA) and TIP have been developing over recent years. We are delighted to enter a fuller and more structured relationship and look forward to the mutual benefits this will bring,” said Graham Wilson, Chief Executive, BTMA.

MAXAM To Showcase Agritech Innovations At Agritechnica 2025

MAXAM To Showcase Agritech Innovations At Agritechnica 2025

MAXAM is set to showcase its advanced agricultural tyre solutions at Agritechnica 2025 in Hannover from 9 to 15 November. Visitors can find the company at Stand A04 in Hall 20, where the exhibition theme ‘More Pull. Less Fuel’ will guide the presentation. This philosophy underscores the company's dedication to developing tyres that enhance operational efficiency and contribute to more sustainable farming practices by reducing fuel consumption and soil compaction. The event provides a significant opportunity for MAXAM to demonstrate its commitment to innovation and the expansion of its product portfolio.

On display will be a range of DLG-awarded tyres, including robust models for high-horsepower tractors and versatile options for specialised implements, illustrating the company's technical breadth. Beyond presenting products, MAXAM considers the trade fair a vital meeting point for industry collaboration. It serves as a platform for direct engagement with farmers, partners and machine manufacturers, whose feedback provides invaluable, real-world insights that directly influence the future direction of product and service development, ensuring they remain precisely aligned with evolving market needs.

As a part of SAILUN Group, one of the 10 largest tyre manufacturers in the world, MAXAM leverages its extensive international presence and collaborative research initiatives to drive continuous innovation. The company is dedicated to advancing agricultural tyre technology, creating sophisticated solutions that directly address the evolving demands of modern farming. This focus encompasses critical areas such as enhanced sustainability, improved cost-efficiency and superior field performance.

Radar Tires Expands Us Footprint With Two New Distribution Centres

Radar Tires Expands Us Footprint With Two New Distribution Centres

Radar Tires has expanded its US distribution network with the opening of two new domestic distribution centres in Knoxville, Tennessee, and Parkesburg, Pennsylvania, as part of efforts to strengthen product accessibility and service reliability for its growing customer base.

The expansion increases the brand’s domestic distribution centres from one to three. It aims to improve delivery efficiency and inventory availability across key regions, particularly in the Southeast and Northeast of the United States.

“Stocking domestic tyre inventory is a key part of the Radar strategy going forward,” said Rob Montasser, Vice President of Sales for Radar Tires, USA. “It ensures our distributors and retailers have easy access to the products that their customers need, without the long lead times or supply chain uncertainty. These new locations allow us to be faster, more flexible, and more dependable.”

The company said the additional facilities will reduce delivery times and ensure that its core product range remains readily available to meet rising market demand.

With existing operations in Texas, the addition of centres in Tennessee and Pennsylvania underscores Radar Tires’ long-term strategy to enhance supply chain responsiveness and reinforce its position as one of the most customer-focused distribution networks in the tyre industry.

Cabot Corp Posts Lower Quarterly Profit, Sees Subdued Demand Outlook For Fiscal 2026

Cabot Corp Posts Lower Quarterly Profit, Sees Subdued Demand Outlook For Fiscal 2026

Cabot Corporation reported lower quarterly earnings, as weaker demand in its Reinforcement Materials segment and softer volumes in Performance Chemicals weighed on results. However, the company ended fiscal 2025 with solid cash flow and continued shareholder returns.

For the fourth quarter ended 30 September, Cabot posted net income of USD 43 million, or USD 0.79 per share, compared with USD 137 million, or USD 2.43 per share, in the same period a year earlier.

Full-year diluted earnings per share were USD 6.02, while adjusted earnings per share rose 3 percent year-on-year to USD 7.25.

“I am very pleased with another strong year of Adjusted EPS growth where we achieved USD 7.25, up 3 percent year over year, in a year with a challenging macroeconomic backdrop,” said Sean Keohane, Cabot’s President and Chief Executive Officer. “This performance was driven by higher EBIT in our Performance Chemicals segment, which increased 18 percent year over year, partially offset by EBIT in our Reinforcement Materials segment, which declined 5 percent.”

Cabot’s revenue for the quarter fell to USD 899 million from USD 1.0 billion a year earlier, while full-year sales declined to USD 3.7 billion from USD 4.0 billion.

The Boston-based speciality chemicals manufacturer said fourth-quarter cash flow from operations totalled USD 219 million, enabling USD 64 million in shareholder returns through dividends and share buybacks. For the full fiscal year, Cabot generated USD 665 million in operating cash flow, funding USD 274 million in capital investments, USD 96 million in dividend payments and USD 168 million in share repurchases.

Keohane said the company’s balance sheet remained strong, with a net debt-to-EBITDA ratio of 1.2 times, providing flexibility to invest in growth while continuing to return capital to shareholders.

The company’s Reinforcement Materials segment reported a USD 4 million decline in EBIT from the prior-year quarter, reflecting lower volumes in the Americas and Asia Pacific, partly offset by cost efficiencies. Global volumes fell 5 percent, including a 7 percent drop in the Americas, where lower tyre production by customers was attributed to increased Asian tyre imports.

Performance Chemicals EBIT decreased USD 2 million year-over-year, mainly due to a 5 percent drop in volumes led by weaker demand in Europe, particularly from construction-related applications.

Cabot ended the quarter with  percent 258 million in cash and spent percent 64 million on capital expenditures. The company recorded a 55 percent effective tax rate in the fourth quarter and an operating tax rate of 27 percent for fiscal 2025.

Looking ahead, Keohane cautioned that market conditions remain challenging, particularly in the Reinforcement Materials sector. “We do not yet see signs of improvement in the external environment, particularly as it relates to regional demand trends in Reinforcement Materials due to the impact of elevated Asian tire imports into western regions,” he said.

The company anticipates improvement in Performance Chemicals, led by growth in battery materials and infrastructure-related applications, while maintaining strong cash flow to support investment and shareholder returns.

“While market conditions remain challenging, we continue to execute on our foundation of commercial and operational excellence, and we remain focused on managing costs, strengthening operations, and positioning the company for long-term growth,” Keohane said.

In fiscal 2025, Cabot also announced an agreement to acquire Bridgestone Corporation’s reinforcing carbons plant in Mexico and released its 2024 Sustainability Report, noting it had achieved 11 of its 15 sustainability goals ahead of schedule and established new 2030 targets.

wdk Hails 'Berlin Declaration' As Vital For German Industry And Jobs

wdk Hails 'Berlin Declaration' As Vital For German Industry And Jobs

The German Rubber Industry Association (wdk) has responded positively to the 'Berlin Declaration’, characterising it as an essential and long-awaited political signal. From the wdk's perspective, the declaration represents a crucial commitment from the ‘Friends of Industry’ to bolster the manufacturing sector, which is fundamental to preserving Germany's industrial core and the multitude of upstream and downstream jobs it sustains. The association's Managing Director, Boris Engelhardt, emphasised that this initiative correctly identifies the urgent need for Europe to recognise and champion industrial value creation.

The wdk finds it particularly significant that the impetus for this declaration originated from a coalition of 17 member states, a fact that underscores a shared political priority independent of the EU Commission's agenda. While the declaration's broad framework allows for various interpretations, the wdk has identified the reduction of bureaucratic burdens as its paramount objective. On this specific point, the association reports being in complete alignment with Federal Minister for Economic Affairs Katherina Reiche. The wdk now asserts that the true measure of the declaration's success will lie in its translation from a political statement into actionable policy, urging the addressed EU institutions to move beyond acknowledgment and proceed with swift and decisive implementation.