Tire Technology International Awards Presented
- By TT News
- May 20, 2022
The Tire Technology International Awards for Innovation and Excellence for this year have been presented at the Tire Technology Expo in Deutsche Messe.
The awards, which were coordinated by Tire Technology International magazine, were split into seven dedicated categories and officiated by a panel of international journalists and industry experts, a press release said.
Bekaert’s BeCoFree – a next-generation tyre cord coating that will enable tyre manufacturers to produce high performance tyres without the need to use any cobalt (or elements of similar concerns) bagged the Tire Manufacturing Innovation of the Year Award.
With sustainability an ever-increasing focus for tyre makers and suppliers, the Environmental Achievement of the Year Award was a fiercely contested category. Recent years have seen the trophy awarded to those leading the way in environmentally conscious development, and the 2022 jury opted to recognise a collaboration between Bridgestone, Arlanxeo and Solvay, the release pointed out.
TechSyn is a co-developed tyre technology platform which combines chemically optimised synthetic rubber with tailormade silica, interacting at a molecular level, to deliver improved performance with fewer trade-offs.
SRI won the Tire Technology of the Year Award for its HSBR – Hydrogenated Styrene-Butadiene Rubber. Judges were impressed by the advanced research on display, using synchrotron as well as supercomputing facilities, the release said. In particular, molecular dynamics simulation revealed that chemical reactions coupled with mechanical deformation exacerbates wear performance throughout mechanochemical reactions.
The Tire Industry Supplier of the Year Award was presented to Mesnac, one of the tyre industry’s most recognisable and widely regarded suppliers. Judges pointed out a number of reasons in their comments, including the company’s willingness to invest in facilities and innovation, adapting its product offering to meet the needs of the modern tyre industry.
The Tire Manufacturer of the Year Award sees the world’s biggest tyre makers going head-to-head for the top spot. This category was, as always, a hotly contested one, with all shortlisted finalists having their admirers on the jury panel. When the scores were tallied, it was Continental who claimed first place, marking the third time the tyre maker has won this award.
Bernd Korte, Vice President, Platform Development & Industrialization, Continental, said, “We are very honoured to receive this year’s Tire Manufacturer of the Year Award. It motivates our entire company to continue on the path we have chosen, to continuously invest in the development of our tyres and to make a significant contribution to a safe, cost-effective and environmentally friendly mobility.”
The Young Scientist Award for 2022 was given to Marco Furlan, a PhD student at Loughborough University. The award’s jury – which is separate to the five central categories – selected Furlan and his work, “Real-time friction estimation using neural networks”.
Head juror Jan Prins said, “Marco's presentation was rated the best overall due to the interesting content, presenting a very practical approach to a complex problem, with a smooth delivery of a high-quality, well-structured PowerPoint presentation, including extensive use of helpful animations.”
As well as recognising the impressive achievements of manufacturers and suppliers, the awards are an opportunity to highlight the achievements of remarkable individuals within the industry. One such individual is Bo Persson, winner of the 2022 Lifetime Achievement Award. In perhaps the most telling endorsement of Persson’s contribution to the tyre industry over his decades-long career, he was independently suggested by several of his peers, each keen for him to receive the recognition his contemporaries feel he deserves.
Persson is one of the world’s leading researchers in the field of friction, tribology, adhesion and contact mechanics of rubbers and rubber-like soft matter, and one of the most widely cited experts in the tyre industry. After receiving his PhD in 1980, Persson went to work at FZ Jülich. In 1983-84, he spent 1.5 years as a postdoc at the IBM research lab in Yorktown Heights in upstate New York. In 1987, he spent another year as visiting scientist at the IBM research lab in Zurich. He has his own consulting company, MultiscaleConsulting, and works mainly with tyre companies and medical companies. In tribology, Persson regards his most important paper as his 2000 work on contact mechanics for viscoelastic solids with random roughness.
Persson said, “I wrote this paper a few weeks after I started consulting with Pirelli about rubber friction. This work turned out to be very fundamental and I have spent 20 years working out different applications of this theory. That insight has kept me occupied for 20 years!”
The 2022 awards have seen some remarkable examples of innovation and collaboration, made all the more impressive given the challenges of the last few years.
Matt Ross, Editor-in-chief of Tire Technology International and chairman of the awards, said, “Like other industries across the world, the tyre business has faced some extra challenges over the last two years. So, it’s all the more important to recognize these examples of world-leading innovation and industry-defining contributions to tire development. Obviously, the winners of these awards have all won over the judges, but it’s also important to point out just how impressed the panel was with the caliber of entry from all the shortlisted entrants – there were no easy decisions this year, and the winners deserve many congratulations.” (TT)
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.
wdk Hails 'Berlin Declaration' As Vital For German Industry And Jobs
- By TT News
- November 05, 2025
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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