Getting Down To Tyre Business
- By Rajni Jose
- October 13, 2021
But Christine Zhang, CEO of NAMA Tires, is among ‘that’ 8 percent of women who made their way up the male-dominated industry of automobiles. She talks to TyreTrends about her experiences while blazing her way to the CEO chair of one of the top tyre companies in Southeast Asia.
Zhang joined the tyre industry right after graduating from university. She credits her Thai background for her inclination towards the tyre industry. She said, “We are Thai people. We have tyre blood. I believed it was better not to change to other business as one, it is a great industry, and two, the relationship with customers from different customers had already been set by others. The link was already established.”
When asked about her secrets to becoming a CEO in this industry, Zhang laughs and describes her hectic schedule of working 14-16 hours a day, travel commitments and other work commitments she must fulfil while playing the part. She believes hard work and dedication is what is required to get to the top, regardless of gender or age. However, in all good conscience, she believes that women are more dedicated and are better at handling huge responsibilities as they are conditioned to do so from a very young age in society. She says that with the right education, they might even bring to the table a lot more than any man.
Zhang walks the talk as NAMA currently boasts of having a 60 percent women workforce and further encourages more women to enter the company by providing more human care such as flexible work schedules, especially for pregnant and lactating women.
NAMA Tires was founded in 1999, and during the 90s and early 2000s, the major change experienced by the company was the added production of radial tyres along with that of the bias tyres. With the company entering the Industry 4.0 automation revolution, Zhang believes that people no longer view Chinese products as merely economical products. The Chinese tyre-makers have also begun making intelligent tyres to keep up with trends and have begun gaining a reputation beyond their low-end OEM manufacturing. She further adds that nowadays, many US and China made tyres are made of similar quality raw materials. Even at the equipment level, many Chinese brands have raised their bar to global standards and are doing good globally, she confirms.
Zhang credits her team and the company’s customers for the 22-year journey the company has led so far. But things have not come easy. Anti-dumping and anti-subsidy charges and trade barriers by the US have caused various bumps along the way. Zhang recollects setting up the production base in Southeast Asian countries like Thailand and Vietnam, three years before the duties were imposed, as one of the wisest decisions for the company. She says that the company is always prepared and will always adhere to the laws of vigilance and regulations. She adds that the Covid-19 period also led to a difficult time as most of the products are sold internationally. NAMA sought online meetings with customers and localisation of employees as an alternative during the difficult period.
The company currently has its production bases in Vietnam and Thailand and is looking to expand its setup to Europe and Cambodia to satisfy the increasing customer demand. Around 60 percent of the company’s products are sold to US wholesale and retail distributors. The remaining 40 percent is distributed among the regions of Asia, the Middle East and Africa. The company hopes to receive more sales from its upcoming online retail platform. With the EV mobility trend catching up, the company will be looking into the production of EV specific tyres in the coming years. “We always keep an eye out for the latest technologies in the tyre world and try to implement them as soon as possible. Currently, we have many exclusively designed tyres and other technologically advanced tyres, such as our run-flat tyres that can run 500 kilometres with zero pressure, and a wide range of tyre sizes.” (TT)
Nexen Tire Q3 Profit Rises Despite US, Tariff Impact On Solid Europe, Korea Sales
- By TT News
- November 06, 2025
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.”
MAXAM To Showcase Agritech Innovations At Agritechnica 2025
- By TT News
- November 05, 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
- By TT News
- November 05, 2025
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
- By TT News
- November 05, 2025
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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