Goodyear Tire & Rubber will spend USD 425 million to expand and modernize its Napanee, Ontario, plant to meet the growing demand for electric vehicles and all-terrain tyres.

The investment will add 200 jobs to the facility, bringing total employment to more than 1,000. The plant will also adopt new environmental measures to boost energy efficiency and reduce carbon emissions.

“This investment underscores our commitment to Canada and positions Goodyear to meet the evolving needs of our customers,” Chief Executive Officer Mark Stewart said.

Justin Trudeau, Prime Minister of Canada, said:  “Companies from across the world are choosing Canada. Today’s announcement that Goodyear is modernizing its Napanee plant will create manufacturing jobs, grow our EV industry and use modern technology to keep our air clean.”

Doug Ford, Premier of Ontario, said: “Goodyear Canada’s investment is another significant boost to Ontario’s growing electric vehicle sector.”

The expansion, which began earlier this year, is slated for completion by mid-2027.

The project is backed by USD 32 million in federal funding through the Strategic Innovation Fund and USD 14 million from the Ontario government. Local municipalities are contributing about USD 1.5 million. 

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CarbonX has extended its strategic partnership with European LFP battery manufacturer ElevenEs into 2026. The new phase transitions from initial material validation to advanced industrial-scale testing, aiming to strengthen the local supply chain for LFP batteries across Europe.

As the only LFP Edge cell producer in Europe, ElevenEs supports the regional ecosystem by offering its EdgeLabs R&D infrastructure. This platform integrates CarbonX’s carbon-based anode material into full-scale prismatic LFP blade-type cells, where rigorous benchmarking against global standards validates performance, lifespan and safety.

By providing specialised services, ElevenEs acts as an industrial catalyst for CarbonX, helping the Dutch material innovator move from laboratory to market-ready applications. The cooperation is designed to result in a conditional offtake arrangement upon the successful achievement of technical milestones.

Nemanja Mikać, CEO, ElevenEs, said, “Our continued partnership with CarbonX demonstrates how ElevenEs acts as an industrial engine for the European battery ecosystem. We don’t just validate materials; we provide the manufacturing excellence and R&D infrastructure necessary to scale promising European technologies. ElevenEs experts team actively supports suppliers to build a resilient, energy-independent supply chain for the future.”

Rutger van Raalten, CEO, CarbonX, said, “Signing this agreement with ElevenEs marks a significant step forward for CarbonX and reinforces our shared commitment to building a resilient, sustainable battery materials ecosystem. Beyond strengthening our supply chain, this partnership contributes directly to Europe’s strategic ambition for energy independence, accelerating the transition to locally sourced, low carbon critical materials.”

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Liberty Tire Recycling has unveiled two major corporate documents detailing its 2025 environmental and risk management strategies. For the first time, a Climate Risk & Resilience Report aligned with international financial disclosure standards accompanies its annual sustainability findings. These publications collectively highlight how the firm’s green initiatives support both circular economy goals and lasting financial health.

Operational data from the past year shows significant efficiency gains. By tightening energy and fuel oversight, the company cut location-based Scope 2 pollution by six percent and market-based emissions by 10 percent, while energy intensity improved eight percent. Across 219 million scrap tyres, an 81 percent reuse rate was maintained. Outside auditors awarded an EcoVadis Bronze rating, placing Liberty among the top third of assessed firms, and a Recircle Award celebrated its circular innovation.

Workplace safety and community investment also saw notable progress. Employee turnover fell nine percent relative to previous figures, and lost‑time injury rates dropped 11 percent. Charitable contributions exceeded USD 216,000. The new climate resilience document explains how environmental risks are factored into daily operations and long‑range planning, reinforcing the connection between responsible practices and corporate durability.

Thomas Womble, CEO, Liberty Tire Recycling, said, "At Liberty, sustainability is core to our operations and how we show up for our partners and communities. We’re proud of the progress reflected in this report and grateful to our employees whose dedication makes it possible. We remain focused on continuing to drive progress through continued collaborative efforts with the manufacturers and retailers."

Amy Brackin, Senior Vice President – Sustainability, Liberty Tire Recycling, said, "We have said from day one – putting sustainability at the core of our operations would produce better results for the environment and our business. This year’s report continues to demonstrate that Liberty is a leader in both the tyre recycling industry and the sustainability sector more broadly."

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India’s largest tyre maker MRF reported an 11 percent rise in consolidated revenue for the financial year ended March 31, 2026, supported by growth in replacement and original equipment demand.

MRF said consolidated total income increased to INR 316.54 billion from INR 285.70 billion a year earlier. Profit before tax rose to INR 32.22 billion from INR 24.83 billion, while net profit climbed 30 per cent to INR 24.26 billion from INR 18.73 billion in the previous financial year.

The Chennai-based company said it crossed INR 300 billion in annual sales during FY2025-26, helped by growth across both replacement and original equipment segments.

MRF said performance during the year was supported by the launch of new stock keeping units across truck, passenger vehicle and two-wheeler categories. The company added that it had strengthened its position as a supplier to electric vehicle manufacturers and its tyres were increasingly being fitted on vehicles exported by original equipment manufacturers to overseas markets.

The company said demand remained buoyant in the fourth quarter following the reduction in GST rates, benefiting both replacement and original equipment sales. It also said higher vehicle production by manufacturers had increased demand for tyres.

MRF said it was expanding capacity across plants to meet expected future demand from replacement, original equipment and export markets.

The company warned that conflict in the Middle East and related disruptions had driven higher raw material costs and created supply chain pressures. MRF said it had implemented price increases and cost-control measures to offset the impact and indicated that further price rises could follow.

MRF also said the forecast of a sub-normal monsoon could adversely affect demand and added that it was evaluating the potential impact of economic uncertainty and margin pressure on growth.

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Apollo Tyres Ltd has expanded its cycling portfolio with the release of the Vredestein Superpasso 2, a mid-range road tyre borrowing compound technology from the brand’s premium Superpasso Pro model. The new offering targets cycling enthusiasts and leisure riders by pairing that professional-grade tread with a highly durable casing.

Engineers have focused on reducing rolling resistance, achieving an improvement of up to 19 percent on the 28 mm tubeless-ready version compared to the previous generation. This gain comes without sacrificing the established levels of grip or puncture protection, thanks largely to an updated casing and compound rather than structural overhauls. The tyre also retains its predecessor’s 100 TPI casing and reinforced breaker layer.

Apollo’s TriComp technology employs distinct rubber compounds across the tread and shoulders, with a firmer centre promoting durability and lower resistance while softer shoulders enhance wet-weather cornering. Available from May 2026 across Europe, the Superpasso 2 will be offered in tubeless-ready options of 28-622 and 32-622, as well as tube-type sizes of 25-622, 28-622 and 32-622, in both black-black and black-transparent finishes.

Nic Knippers, Divisional Head, Vredestein Two Wheel Tyres, Apollo Tyres Ltd, said, “With the Superpasso 2, rolling resistance has been significantly reduced while grip and puncture protection remain at the same high level. No rider wants a flat tyre – they want a tyre that delivers both speed and safety, without compromise.”

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