Key speakers for the first edition included Dr S S Gupta, Senior Development Officer – DPIIT, Ministry of Commerce & Industry; Anshuman Singhania, Chairman, ATMA; Prashant K Banerjee, Executive Director, SIAM; Rajesh Menon, Director General, SIAM; Rajiv Budhraja, Director General, ATMA; V K Misra, Past Chairman, ITTAC and Technical Director, J K Tyre & Industries; Sudershan Gusain, Senior Deputy General Manager, Bridgestone India; B V Shamsundara, Deputy Director (SHL), ARAI; Ravin Kurian, Chairman, ITTAC and Senior General Manager, MRF; Deepak Sawkar, Senior Advisor, Maruti Suzuki  and Harjeet Singh, Chairman, SIAM Two Wheeler Group and Executive Adviser – Technical, Hero Motocorp.

“Road safety and tyre are very closely related. Under the tri-series jointly organised with ATMA, the first series focuses on tyre and road safety, second on technology and environmental issues, and third on standards, regulations and sustainability,” said Prashant K Banerjee, Executive Director, SIAM.

“Tyres are the most critical safety component for a vehicle and road safety and are one of the highly regulated automotive components,” said Rajesh Menon, Director General, SIAM.

In his inaugural address, Anshuman Singhania, Chairman, ATMA and MD, JK Tyre & Industries , said, “Tyre industry in India has all along understood the need for safety and has been constantly upgrading for promoting sustainable mobility. It has been our consistent effort to ensure that tyres are central to all discussion about road safety, behavioural fuel efficiency, rider handling etc. Tyres are unfortunately one of the most neglected parts of vehicle, but awareness is now growing. Road safety revolves around 3Es – education, engineering and enforcement – and I would urge the industry to organise more such programmes to educate the wider audience.”

The guest of honour, Dr S S Gupta, Senior Development Officer – DPIIT, Ministry of Commerce & Industry, said, “This programme on awareness about tyre care and road safety is very timely and relevant. The issues related to the tyre industry are being taken care of continuously by the DPIIT under Ministry of Commerce and Industry. Various interventions have been initiated by the department, including the one on import policy which brought tyres from free import category to restricted category, giving a boost to the domestic industry. These initiatives will lead to Hon’ble Prime Minister’s vision of Atmanirbhar Bharat while promoting local manufacturing of tyres.”

According to Rajiv Budhraja, Director General, ATMA, tyre has been the most regulated yet neglected auto component, and data substantiates that tyre care is lacking globally. These awareness and education initiatives will herald a new era of raising awareness and imparting education on the aspect of tyre safety through this tri lecture series, especially in this digital world.”

Sudershan Gusain, Senior Deputy General Manager, Bridgestone India Pvt Ltd, said that 410 deaths per day happen due to road traffic accidents in India and many of these are attributed to neglected tyres. While he called for greater industry efforts to changing perception on tyre care through awareness, he encouraged all motorists to maintain their vehicle’s tyres by playing their PART – Pressure, Alignment, Rotation and Tread.

Ravin Kurian, Chairman, ITTAC and Senior General Manager, MRF Ltd, spoke about safety, durability and failure analysis of tyres. He pointed out that rash driving, low inflation and potholes are considered to be the major reasons for quick wearing out of tyres and highlighted that road hazards, inflation pressure, tyre section height and structure are important parameters for understanding quality of tyres.

The interactive session held amongst speakers focused on the pivotal role of tyres in road safety, being the only point of contact between the vehicle and the road. The tri-series will continue its endeavours and organise the two remaining sessions on the topics: ‘Technology and Environmental Challenges’ on 24th September 2021 and ‘Regulation and Sustainability’ in October 2021, which will deliberate upon various aspects of tyre manufacturing, raw material sourcing, recycling, environmental, regulatory framework and sustainability. (TT)

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NEXEN TIRE reported third-quarter 2025 sales of 780.7 billion won and operating profit of 46.5 billion won, the company said on Thursday, as stronger demand in Europe and South Korea helped offset the impact of item-specific tariffs in the United States.

Sales in Europe were supported by an expansion of original equipment supply for newly launched vehicles and higher demand for winter products following tighter seasonal tyre regulations. In South Korea, the company posted its highest-ever quarterly revenue, aided by peak summer demand and continued growth in its tyre rental business.

Profit margins improved from the previous quarter, helped by lower raw material costs and reduced logistics expenses, with prices for natural and synthetic rubber and the Shanghai Containerized Freight Index (SCFI) remaining on a downward trend.

The company has been rolling out region-specific product strategies. In South Korea, it launched the N’FERA Supreme EV ROOT in August, designed for both electric and internal combustion engine vehicles. It also brought the WINGUARD SPORT 3 winter tyre to Europe and Japan, and strengthened its U.S. high-performance line-up with the N’FERA SPORT, already supplied as original equipment to premium European carmakers. In Australia, it added the ROADIAN ATX for larger sport utility vehicles.

NEXEN TIRE is also expanding its international footprint, with new sales bases recently opened in Spain and Poland, and additional hubs planned in Southeastern Europe, Latin America and the Middle East.

The tyre maker said it is enhancing R&D efficiency through the adoption of a High Dynamic Driving Simulator, the first of its kind in South Korea's automotive sector, allowing reduced reliance on physical prototypes and road tests. The firm also received approval for its near-term emissions reduction targets from the Science Based Targets initiative (SBTi) in September.

“The solid performance in the third quarter, even after factoring in tariff-related costs, indicates that our strategy for managing external uncertainties is yielding positive results,” CEO John Bosco (Hyeon Suk) Kim said. “We will continue to pursue sustainable growth through product portfolio diversification and the optimisation of global production operations.”

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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.

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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.

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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.

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