DEG – Deutsche Investitions- und Entwicklungsgesellschaft, a finance and advisory firm, will provide JK Tyre & Industries (JKTIL), a member of the JK Organisation, with a long-term loan of EUR 30 million.

The funds are to deployed towards sustainable expansion of production capacities at the JK Tyre’s facility in Madhya Pradesh.

Joachim Schumacher, Member of the DEG Management Board, said, “The JK Organisation is a longstanding customer of DEG’s. We are now looking forward to working together with its tyre company as well. Our portfolio companies share a clear commitment to transformation, to the UN’s environmental and climate goals, and to reducing carbon emissions substantially.

Dr Raghupati Singhania, Chairman & Managing Director of JK Tyre & Industries, said, “We are pleased to be associated with KFW-DEG for providing funding of EUR 30 million for our Passenger Car Radial (PCR) tyre expansion project being set up for an estimated cost of EUR 114 million. The said investment will further strengthen JK Tyre’s market presence in the PCR segment and foster economic and social development in the country. JK Tyre, is a green company and is committed to reducing carbon intensity by 50 percent by 2030. Sustainability is at the core of its activity, be it manufacturing excellence or development of next-generation technological advanced products.”

JK Tyre and Industries has been focusing on reducing its overall carbon footprint. It already uses 40 percent green electricity for its energy needs.

The new loan will further support the tyre makers ambition to reduce its carbon footprint, for instance by allowing the boiler for the expansion facility to be operated using biomass rather than coal. The company is also developing tyres made of recycled material, which are expected to be market-ready in near future.

Westlake has introduced the 29.5R25 CB740 E4 off-the-road (OTR) tyre at the ongoing BAUMA 2025 in Munich, Germany. The tyre is specifically designed for articulated dump trucks (ADTs).

The CB740's tread depth is 17 percent deeper than the TRA's (Tyre and Rim Association) standard E-4 pattern, according to ZC Rubber, the brand owner of Westlake Tyre. The goal of this design is to give fleets working in demanding mining and construction situations a longer service life. To increase load-bearing capability and heat resistance, the tyre has a multi-layer steel belt design. Increased resistance to cuts, punctures and uneven wear is another benefit of the improved structure.

The wide block tread design of the CB740 E4 is intended to increase vehicle stability and ground contact on difficult construction sites. Additionally, the self-cleaning tread design is meant to lessen stone retention, which will help to shorten maintenance intervals.

Singapore-based global tyre maker Giti Tire has officially launched the Giti GSR237EVO and Giti GDR675EVO tyres under its new RFID-enabled EVO series of truck and bus tyres. The series, aimed at regional transport operators seeking fuel savings and environmental benefits, is part of the company’s Combi Road portfolio and complements the Eco Road range, which focuses on long-haul operations.

The new EVO series, which was developed at Giti Tyre's European R&D Centre in Hannover, Germany, is intended to provide lower Rolling Resistance Coefficients (RRC) for improved fuel efficiency and lower emissions. The former GSR237's C-grade RRC has been upgraded to a B-grade RRC in the GSR237EVO. It is available in sizes 315/70R22.5, 385/55R22.5 and 385/65R22.5. Additionally, the GDR675EVO drive tyre is upgraded from the previous GDR675 model to a C-grade RRC. It is now offered in 315/70R22.5. Both tyres provide quieter driving according to their A-grade exterior noise ratings.

Digital tracking of the tyre's full lifespan, from production to fleet usage, retreading and final disposal, is made possible by the incorporated RFID chips. Fleets may manage performance data and meet sustainability targets with the help of this digital traceability. By lowering hysteresis, the new internal compound technology and improved tyre curing procedures increase wear resistance and tyre longevity. This improves the tyre's retreading capability, which is a crucial aspect for fleet managers trying to keep long-term running expenses under control.

Antonio Palummo, Senior Manager – TBR, Giti Tire, said, “We are excited to bring the EVO series to the market, offering a clear performance advantage across key areas for regional fleet use. With lower rolling resistance, quieter performance and advanced lifecycle tracking, the GSR237EVO and GDR675EVO tyres help fleet managers identify energy-efficient options that perform across diverse driving conditions.”

Apollo Tyres has launched three new sizes for its AWE 723+ excavator tyre range at the ongoing Bauma 2025, Europe’s largest event dedicated to construction and industrial machinery, in Munich, Germany. The extended range will now cover machines from six to 26 tonnes.

Engineered to provide improved stability, traction and wear resistance under difficult working circumstances, the AWE 723+ is intended for heavy-duty excavator operations. The range now provides operators operating on a range of job locations with more options thanks to this size extension. As infrastructure and construction projects continue to expand throughout Europe and beyond, the new range seeks to satisfy the rising need for dependable and long-lasting off-highway tyres, said the company. More and more excavator operators are looking for tyres that offer consistent performance and a longer lifespan while handling a variety of terrain. According to the business, the increased AWE 723+ range demonstrates its continued dedication to providing machine operators with tyre options appropriate for changing on-site difficulties.

Benoit Rivallant, Chief Commercial Officer, Apollo Tyres Ltd, said, "We’ve just introduced a 3-size range for the Apollo AWE 723+, our unique excavator tyre solution, now fitting machines from six to 26 tonnes. It’s a major step forward for us, and one I’ve been genuinely excited to share."

South Korean tyremaker NEXEN TIRE has established a dedicated winter tyre testing center at UTAC’s proving ground in Ivalo, Finland, to strengthen its winter tyre research capabilities.

The new facility, located 300 kilometres north of the Arctic Circle, features research and development offices, workshops, and snow and ice tracks spanning an area equivalent to 20 football fields, with test tracks approximately 2,000 metres in length.

The centre will extend NEXEN’s winter tyre testing period from one month to four months annually, allowing for more thorough tyre performance testing in extreme winter conditions.

“As winter tire standards continue to strengthen, this investment is a crucial step to secure our technological competitiveness,” said Travis Kang, Global CEO of NEXEN TIRE. “The testing centre will not only reduce our development periods but also enhance the performance of our winter tyres through core technology research, reinforcing our presence in key markets while laying the groundwork for future growth in global markets."

The facility will conduct tests for the Three-Peak Mountain Snowflake (3PMSF) certification, the European standard for winter tyres. This could potentially bolster NEXEN’s position in the European market.

UTAC, Europe’s leading automotive testing company, will oversee the construction and operation of the centre, which is expected to begin entire operations in December 2025.

“We are delighted to welcome NEXEN TIRE to have their own establishment at our Finnish proving ground,” said Connor McCormack, CEO of UTAC. “We have a long-lasting partnership now, and we are proud to support the development work of NEXEN TIRE and their participation in leading mobility towards a safer future.”

NEXEN TIRE also operates winter testing facilities in Taebaek, South Korea, and Wanaka, New Zealand, allowing year-round testing under various winter conditions.

The company supplies its winter tyre model, "WINGUARD SPORT 2," as original equipment to premium vehicle brands.