“We will be implementing all our learnings of the previous years into the operations. In choosing a plant location, we consider the distance between our customers and ensure that we can keep up our supply while maintaining sufficient inventory and work on a VMI model, as we do for all the major tyre makers in Thailand. We are working on designing the process lines which will be much better in terms of product quality, environmental standards and productivity. Overall, we aim to install a world-class facility which will make working more efficient and effective in all aspects,” said Yashovardhan Chordia, Director, Rajratan Thai Wire Co ,  a 100 percent subsidiary of Rajratan Global Wire

The company had completed its brownfield expansion in March 2020, post which the national lockdown was announced. However, manufacturing revived sharply when markets re-opened, enabling Rajratan Global Wire to support and meet its customer demands with enhanced capacities. “As explained before, the China + 1 supplier need of global players coupled with the expanding demand for tyre in local and export markets is quite encouraging. It has given us the necessary confidence to go for further expansion in Thailand and a new greenfield plant in India (Chennai, Tamil Nadu). Our Chennai plant will also enable us to meet the increasing export demand owing to its proximity to the port,” explained Chordia.

National lockdown in 2020 affected the company as it did to all industries. The company’s manufacturing activities were shut for more than a month in India and took a planned shutdown for 25 days in Thailand since the demand was relatively low. However, Covid did not create any structural changes to the company’s business. “Except for the first month of the initial lockdown, demand was robust for subsequent months. We have been witnessing good opportunities to sell much bigger volumes.

Also, due to Covid and the logistics turmoil, many customers are looking at a China + 1 supplier strategy for their international business. This has consequently led to a rise in our customer base within export markets. Domestically, we also see customers increasing their buying from local sources to reduce the risk of supply shortage hampering their production, , ” said Chordia.

Rajratan Global Wire now offers bead wire to its customers from both locations – Indore and Thailand, wherever feasible – to ensure regular supplies. It has shifted a few of its export customers to India to counter the poor container availability. “There has been a reduction in the (volume) import of raw materials from China for many years, which now has reduced even further. Covid challenges allowed us to develop other alternatives timely, and these have all been streamlined now,” added Chordia.

Logistic costs have surged to new highs, and the availability of containers and drivers have been challenging. “As I explained previously, we are offering products to our customers from both locations, wherever the logistics cost is cheaper. We have also made few agreements with the shipping lines and other related parties to improve reliability, especially if the price remains unchanged. I think the cost of logistics today is high everywhere, so we are all sailing in the same boat. Over the year, there have been instances where cost went up so much that eventually customers had to explore other sources. At the same time, there are many new markets and a growing list of customers is being added at a steady rate,” said Chordia.

India is an oligopoly market with four manufacturers followed by imports. Rajratan has the largest manufacturing capacity amongst the four. The size of the Indian market currently stands at approximately 110,000 to 120,000 tonnes, including cycle tyres. Rajratan Global Wire has expanded its capacity to meet the growing requirement of domestic tyre companies which are witnessing strong local and export demand. “The capacity expansions taken up by local tyre manufacturers have given the confidence to set up a new greenfield facility in Chennai (port-based) to target the growing domestic as well as export markets,” explained Chordia.

In Thailand, Rajratan Global Wire is expanding its capacity from 40,000 TPA to 60,000 TPA to meet the local demand, otherwise impacted by the lack of bead wire supplies from manufacturers outside Thailand. “This has also provided the necessary boost to our local Thailand sales figures as we are the only local bead wire manufacturer in Thailand,” said Chordia.

Many major Chinese tyre companies have established their base in the SEA countries to avoid US traffic, and this has brought further opportunities to Rajratan Global Wire. According to Chordia, post the pandemic and due to the current logistics issues, the opportunity has become more prominent as all the tyre manufacturers in the SEA region are looking to source more locally. “We have a good opportunity as suppliers since there are six big Chinese tyre companies in Thailand, a couple of them in Vietnam and a few upcoming ones in Indonesia. We are in a sweet spot to meet the requirements of local tyre manufacturers (including Chinese tyre companies) in Thailand as well as from local tyre manufacturers in India, the two biggest tyre manufacturing markets in Asia outside China,” said the company executive.

The company focuses on several key aspects like adhesive strength, rubber coverage, elongation and tensile strength to achieve the required quality. “These are areas we continuously keep working on to improve our offerings to our customers. We at Rajratan have developed that culture of improvement, and it has been our key to whatever success we have had in business today,” added Chordia.

Rajratan Global Wire is working on digitalising and automating its operations in line with Industry 4.0 and on the sustainability front. The company aims to reduce its water consumption by 70-80 percent and use more recycled raw material (steel) to make its product. Rajratan Global Wire has also improvised on its product packing and reduced the usage of paper, wood and plastic.

Bead wire forms nearly three percent of the cost of making a tyre but is a critical product as it is instrumental in holding the tyre to the wheel’s rim. Rajratan Global Wire’s product is a critical raw material in the tyre and affects the safety factor of the tyre. The company is putting significant efforts to improve the product quality continuously. “We are always in dialogue with our customers on identifying areas of improvement to grow our presence. We manufacture the widest range of bead wire (sizes) in India,” added Chordia.

Talking about the changing bead wire technology for EV tyres, Chordia said, “From whatever we know till now from our customers, there is no major change in the use of bead wire for the EV tyres. Yes, I think their focus will be to make lighter tyres for EV. There is a possibility that this might further change the bead wire sizes and strength of the wire. I have not come across any discussion about a substitute for the existing bead wire up until now.”

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Tegeta Green Planet and Shine Energy, both affiliated with Tegeta Holding, have launched a joint educational initiative to raise environmental awareness and a sense of responsibility among young people. The project addresses modern challenges such as environmental protection and sustainable development.

Company representatives are visiting schools across Tbilisi to hold informational meetings, presentations and workshops. The programme begins with presentations, followed by interactive games and activities designed to help students retain the information. At the end of each session, participants receive symbolic gifts and prizes as motivation.

Tegeta Green Planet focuses on teaching students the principles of specific waste management, including how to properly handle used tyres, batteries and oils. The sessions explain why proper waste management is essential for environmental protection and how it connects to the circular economy. Meanwhile, Shine Energy educates young people on the importance of energy, its everyday use and why developing renewable and sustainable energy resources is crucial.

The initiative is not limited to schools. In the near future, both organisations will expand their efforts to universities, aiming to broaden awareness about environmental protection, waste management and energy efficiency. The ultimate goal is to foster environmentally responsible attitudes among the younger generation, helping build a more sustainable and conscious society.

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Zeon has been recognised as a Supplier Engagement Leader in the 2025 Supplier Engagement Assessment (SEA) conducted by CDP, a United Kingdom-based international environmental nonprofit organisation. This achievement represents the first time the company has received the highest possible rating in this assessment.

The evaluation measures how corporations address climate change within their supply chains, focusing on responses to the CDP Climate Change Questionnaire across five critical areas. These include governance, emissions targets, Scope 3 emissions management, risk management and overall supplier engagement strategies.

Zeon earned the top rating for its efforts to reduce greenhouse gas emissions through supplier collaboration, a group-wide initiative, alongside continuous dialogue maintained via procurement activities. Guided by its philosophy of contributing to planetary preservation and human prosperity, Zeon remains committed to sustainable management. The company reaffirmed that it will continue working with suppliers and other stakeholders to tackle climate change and meet societal expectations.

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German chemical group WACKER has announced a price increase of up to 15 percent for its resins, dispersions and dispersible polymer powders produced at its European and US facilities. The adjustment takes effect on 1 June 2026, or as existing customer contracts permit. The move is designed to allow the company’s Polymers division to maintain high product quality, deliver technological innovations and provide superior customer service and technical support. It will also support investments aimed at securing future growth in key markets.

Rising costs for raw materials and logistics have forced the pricing measure, with the Polymers division being particularly affected. The recent conflict in the Middle East has caused significant disruptions across global commodity markets. As a direct result, prices for energy, raw materials and transportation have climbed sharply.

Despite the increase, WACKER remains focused on sustaining its commitment to customer support and long-term capability. The company underscored that the adjustment is necessary to continue meeting market demands while ensuring operational stability and future-oriented development across its focus markets.

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Pirelli North America has launched its first closed-loop circular recycling initiative, marking a significant step in the company’s broader strategy to increase recycled and bio‑based content in its tyre production. The project has received the Tire Recycling Foundation’s Value Chain Collaboration Award.

The programme recovers scrap tyres generated during Pirelli’s own North American manufacturing process. These materials are sent to Bolder Industries, which applies ISCC PLUS‑certified pyrolysis technology to produce BolderBlack recovered carbon black. Pirelli then reintroduces this material into new tyre production at its North American facilities, partially replacing virgin carbon black. The effort is part of a wider Pirelli plan to expand such industrial ecosystems across the group’s production network, aiming to valorise waste by reintegrating recovered materials into tyre manufacturing.

Beyond the award, the initiative reflects Pirelli’s broader circularity approach, which includes ongoing work to boost recycled and bio‑based material usage. The company targets over 80 percent bio‑based and recycled content in its best‑performing products and forty percent in total production by 2030.

Claudio Zanardo, CEO, Pirelli North America, said, "The Rome plant is one of the most technologically advanced manufacturing facilities in Pirelli. This initiative reflects an approach focused on increasing the use of recovered materials within existing production processes. It is part of a broader effort to gradually integrate raw materials derived from recycled resources into our products while maintaining consistency in performance and quality."

Tony Wibbeler, CEO, Bolder Industries, said, "Our collaboration demonstrates that a traceable, mass-balance approach to tyre-to-tyre circularity is not only achievable, but it's ready to scale inside a premium manufacturing environment, meeting real performance and certification requirements at every step. This is the kind of progress the industry has been working toward for many years."

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