The Rubber Board has announced its intention to start an electronic trade platform to improve the marketing efficacy of participants in the supply chain of natural rubber.  

Satish Sharma, Chairman of the Automobile Tyre Manufacturers Association, will launch the logo ‘mRube’ prepared as part of this e-market on 28 April through a virtual meeting at Rubber Board, Kottayam, the board said in a statement. Representatives from all rubber stakeholder groups have been scheduled to attend the meeting. 'e-market' is expected to go live in the second week of May 2022. 

India's natural Rubber trade possesses an innate advantage of high-level marketing efficiency owing to its coherent supply chain. The rubber market ecosystem has changed significantly over the years with changing patterns of demand in terms of quality and quantity from the consuming sector.
Though price realisation is relatively good for producers of quality rubber, large volumes of ungraded rubber traded are in the country, the release said. 

These producers are losing their opportunity for want of proper market awareness. There are also cases where growers and co-operatives find it difficult to sell rubber as per quality grades to the final consumer, which often dissuades them from producing quality material. The size of the dealer fraternity is also seen shrinking. In 2000, there were 10,512 active rubber dealers in the country, which came down to 9741 in 2010. In 2020, the count shrunk to 7135, which is quite alarming, the board pointed out. 

Considering the scenario, the board proposes to set up an electronic trading platform to improve the efficacy of the domestic supply chain for natural rubber. The electronic trading platform is contemplated to complement the existing trade system by bringing in more transparency and market visibility. It is expected that e-trade could bring more business to the existing rubber dealers, processors and manufacturers by reaching out to new sellers/ buyers, even in far-off places. 

The e-trade platform is branded as “mRube’ and i- Sourcing Technologies Pvt. Ltd. Ahmedabad is the technology partner for developing this electronic trade platform. The software development for this electronic market is over, and final testing is in progress, the board said. 

The electronic market follows a simple one-time registration for users. Users shall input their Rubber Board license number, and the system will fetch the rest of their details from the Rubber Board licensing portal, and an OTP based validation will complete the registration.  

‘mRube’ attempts to figure out certain impending issues in the current rubber marketing system. Despite being used in the manufacture of products with critical importance like automobile tyres and tubes, surgical and pharmaceutical products etc., there is no systematic arrangement for certifying the quality of rubber traded in the country. In the proposed electronic market, the Rubber Board has a system for assaying the quality of rubber, which will be a game-changer in the domestic NR trade. Besides this, Rubber Board has joined hands with Federal Bank Ltd and ICICI Bank Ltd. to operate the payment gateway and escrow account, which will nullify the payment risk of buyers and sellers involved in trade through this portal. 

It said for the first time in the history of commodity trade, either online or offline, banks had agreed to finance “zero interest rate” advances to sellers. The board also made arrangements with two partnering banks to extend zero interest rate facility to rubber sellers trading through this e-market. Also, ‘mRube’ allows users to filter out buyers and sellers according to their geographical location, quantity, grade of rubber, customer ratings etc. The buyers and sellers can upload their offers, and there is a provision for quoting counter-offers before confirming the trade. Personalised trade pages are available for those buyers whose purchases are from their empanelled vendors. A unique feature built into the system is the generation of legalised trade contacts signed using DSC. The Android and ios versions of e-market mobile applications are also ready for use, the release added. (TT)

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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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