Rubber, Chemical & Petrochemical Skill Development Council (RCPSDC) celebrated its Annual Awards on 16 December, 2022 in New Delhi, India. The award ceremony was held to facilitate the best performers in the rubber, chemical and petrochemical skilling ecosystem.

RCPSDC claims that the yearly awards ceremony drew active participation from government departments, the rubber, chemical and petrochemical industries, training partners and assessment agencies and important stakeholders from across the country.

KK Dwivedi, IAS, Joint Secretary, Ministry of Skill Development and Entrepreneurship, Government of India, was the Chief Guest at the event. Dwivedi recounted his first-hand experience of working closely with the rubber sector in Assam in his earlier innings as Principal Secretary of the state. According to RCPSDC, Dwivedi stated that there was an urgent need to equip the fast-growing rubber sector with skilled workforce, both in tapping and processing. “The rubber and chemical sector is expected to grow at eight to ten percent in the next few years and will require a continuous supply of a large skilled workforce. By upskilling one of the largest segments of the economy comprising the rubber, chemical and petrochemical sectors, RCPSDC is best placed to be a driver of India's economic growth. For that, all the stakeholders need to come in support of the sector skill council. The government is taking rubber, chemical and petrochemical as a priority sector and is committed to creating an empowering ecosystem,” said Dwivedi.

Furthermore, at the event, Vinod Patkotwar, Chairman, RCPSDC, emphasised in his welcoming speech the necessity to expand the skilling programmes in the country in order to meet the demand for a trained workforce, both domestically and internationally.

Hena Usman, IPoS, Joint Secretary, Ministry of Skill Development and Entrepreneurship, Government of India, also honoured the occasion as the guest of honour. RCPSDC states that Lt Col Gunjan Chowdhary, Director, National Corporation for Vocational Education & Training (NCVET), Dr Maneesh Mishra, Executive Vice President, National Skill Development Corporation (NSDC), Dr Deepak Paliwal, Joint Director, Pandit Sunderlal Sharma Central Institute of Vocational Education (PSSCIVE), Bhopal and Dr Vinay Swarup Mehrotra, Professor, National Council of Educational Research and Training (NCERT) were also the guests of honour.

Besides celebrating excellence, RCPSDC claims that it exchanged three MoUs at the awards ceremony, with Government Tool Room & Training Centre (GTTC), Karnataka for the execution of dual certification programmes and with Rabindranath Tagore University (RNTU), Bhopal for B Voc, and dual certification programmes. A further significant MoU was inked with the Bahadurgarh Chamber of Commerce and Industries (BCCI), Haryana for the implementation of re-skilling and upskilling programmes under various state/central government schemes.

RCPSDC further states that it launched the project ‘Utthaan’ at last year’s Annual Awards in 2021. ‘Utthaan’ is one of the ambitious projects aimed at the upskilling of workforce (unorganised or organised) in plastic waste segregation, processing and recycling job roles and to help them perform their jobs more effectively and enhance their productivity. Through an audio-visual presentation this year at the Annual Awards 2022, the participants were updated on the achievements of the project ‘Utthaan’ and how the same is transforming the lives of neglected strata of the society, according to RCPSDC. In the first phase, 205 sanitation workers have been trained under the project. On the occasion, special recognition was conferred on Dr Pradeep Mehta, State Head, United Nations Development Programme (UNDP) for the Utthaan project, the training being imparted by Lok Bharti Group (an affiliated training partner of RCPSDC) and Rajiv Pandey, Assistant Director, Urban Development Directorate, State Urban Development Agency (SUDA), Government of Uttarakhand, as per RCPSDC.

Amongst industry partners, special awards were presented to JK Tyre & Industries (Best Industry Partner – Rubber), Varroc Polymers (Best Industry Partner – CPC) and Bridgestone India (Best CSR Project). Training partners across different training methodologies were recognised as well, claims RCPSDC. Prerna Group (Best Training Partner – RPL BICE), Yashaswi Group (Best Training Partner – NAPS), Wayline Management Consultants (Best Training Partner – RPL) and VDA Technologies (Best Training Partner – STT) were adjudged the winners. Mercer Mettl (Best Assessment Agency – First Prize) and Trendsetters Skill Assessors Private Limited (Best Assessment Agency – Second Prize) received awards as best assessment agencies, according to RCPSDC.

The best trainers and assessor’s awards were bestowed on Abhinav Swami (Best Trainer – CPC), Abdul Raoof A (Best Trainer – Rubber), Pushpendra Singh Arya (Best Assessor – Rubber) and Manash Jyoti (Best Assessor – CPC). RCPSDC states that the best trainees were chosen from a large number of entries – Sunita Devi (Best Trainee – Plastic Waste Management and Segregator, First Prize), Shobha (Best Trainee – Plastic Waste Management and Segregator Second Prize), Sandeep Prajapati (Best Trainee – CPC, First Prize), Azad Mansuri (Best Trainee – CPC, Second Prize), Dipali Das (Best Trainee – NR Plantation, First Prize), Sudip Sarkar (Best Trainee – NR Plantation, Second Prize), Kanchan Dashrath More (Best Trainee – Rubber Manufacturing, First Prize), Akash (Best Trainee – Rubber Manufacturing, Second Prize).

Sharing his views, Saif Mohammad, CEO, RCPSDC, said, “I congratulate all of the awardees and give my best wishes to RCPSDC for completing a successful decade of hard work in the skilling ecosystem. We are committed to continuing our efforts to boost the efficiency of the rubber, chemical and petrochemical sector through skill training, and unlock the sector's growth prospects. RCPSDC is actively pursuing excellence in the rubber, chemical and petrochemical sectors, and we look forward to acknowledging and celebrating the achievements of our stakeholders in the coming years.”

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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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The German Rubber Industry Association (wdk) has responded positively to the 'Berlin Declaration’, characterising it as an essential and long-awaited political signal. From the wdk's perspective, the declaration represents a crucial commitment from the ‘Friends of Industry’ to bolster the manufacturing sector, which is fundamental to preserving Germany's industrial core and the multitude of upstream and downstream jobs it sustains. The association's Managing Director, Boris Engelhardt, emphasised that this initiative correctly identifies the urgent need for Europe to recognise and champion industrial value creation.

The wdk finds it particularly significant that the impetus for this declaration originated from a coalition of 17 member states, a fact that underscores a shared political priority independent of the EU Commission's agenda. While the declaration's broad framework allows for various interpretations, the wdk has identified the reduction of bureaucratic burdens as its paramount objective. On this specific point, the association reports being in complete alignment with Federal Minister for Economic Affairs Katherina Reiche. The wdk now asserts that the true measure of the declaration's success will lie in its translation from a political statement into actionable policy, urging the addressed EU institutions to move beyond acknowledgment and proceed with swift and decisive implementation.

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