The Yokohama Rubber Co Ltd has entered into a share purchase agreement with the Swedish-based Trelleborg AB to acquire all outstanding shares of Trelleborg Wheel Systems Holding AB (TWS), a company engaged in the manufacture and sale of off-highway tyres (OHT) for agricultural and industrial machinery. TWS’s enterprise value is EUR 2,040 million. 

Yokohama Rubber said in a statement that the acquisition is scheduled to be completed in the latter half of 2022. The acquisition’s impact on Yokohama Rubber’s consolidated financial results is currently under examination, it said. 

Yokohama Rubber is currently implementing its Yokohama Transformation 2023 (YX2023) medium-term management plan for fiscal years 2021–2023.  

The TWS acquisition will contribute to the expansion of Yokohama Rubber’s OHT business, which YX2023 has positioned as a future growth driver for the company’s commercial tyre business. The ratio of consumer tyres to commercial tyres in today’s global tyre market is 1:1, but Yokohama Rubber’s tyre business sales are more heavily weighted toward consumer tyres, with a 2:1 ratio versus commercial tyres, the release pointed out. To bring the sales composition of its tyre business more in line with the overall market and secure the business’ stability and earnings growth, one of the key challenges facing Yokohama Rubber’s commercial tyre business is the growth of an OHT business capable of securing stably high earnings. The TWS acquisition will not only help Yokohama Rubber’s tyre business achieve a more optimal sales composition, but it will also strengthen the company’s commercial tyre business in each of the four thematic areas set forth in YX2023—product lineup, cost, service, and DX, the company said. 

TWS sales in fiscal 2021 totalled about YEN 129.0 billion, accounting for about 30 per cent of Trelleborg AB’s consolidated sales. Over the past 10 years, TWS has expanded its sales by 2.6 times and more than tripled EBIT (earnings before interest and taxes). While expanding sales it has sustained stably high profitability, with its EBIT ratio continuously above 10 per cent, the release said. 

Of tyres manufactured and sold by TWS, agricultural tyres account for about 60 per cent and industrial tyres about 20 per cent, with the remainder being tyres for construction machinery and motorcycles. TWS has 14 manufacturing plants in nine countries — seven in Europe (Italy, Latvia, Serbia, Slovenia, and three in the Czech Republic), two in the United States, one in Brazil, and four in Asia (two in China and two in Sri Lanka). About 70 per cent of its sales are in Europe. (TT)

Comments (0)

ADD COMMENT

Link Copied!

Epsilon Carbon Pvt. Ltd., a leading global manufacturer of carbon black, speciality carbon and coal tar downstream products, has been recertified under the Responsible Care programme by the Indian Chemical Council, with the certification valid through March 2029. The recertification applies to the company’s integrated manufacturing complex in Vijayanagar, Karnataka, recognised as one of India’s largest fully backward integrated carbon complexes. This facility has an annual capacity of 215,000 tonnes of carbon black and 220,000 tonnes of speciality carbon.

Responsible Care represents the global chemical industry’s leading voluntary initiative, focusing on safe chemical management throughout the product lifecycle. The programme has helped Epsilon Carbon embed safety and responsibility into daily operations, employee training and cross-functional decisions, moving beyond mere regulatory compliance.

For customers, partners and investors, the recertification offers third-party verification of operational integrity from raw material handling to product dispatch. Many industrial manufacturers accept Responsible Care certification as a sufficient global standard, and Epsilon Carbon has secured long-term supply contracts as a preferred supplier, reinforcing trust regardless of the company’s growth scale.

Gaurav Mathur, Chief Executive Officer, Epsilon Carbon, said, "We adopted Responsible Care early in our journey, well before it was a norm for a company of our scale. At that time, our focus was on building it right, not doing it quickly. That discipline has shaped our safety culture, our systems and the trust we have built with global customers and financial partners. As we expand into Odisha and grow our product portfolio, this recertification is a signal that our commitment to responsible operations continues to scale alongside our ambitions."

Comments (0)

ADD COMMENT

Link Copied!

Bridgestone has launched a new range of underground mining tyres engineered to perform in extremely harsh conditions, enabling greater productivity with fewer resources. The VMNT, VMDL and VMMS products are specifically designed for underground applications, where abrasive rock, high moisture and continuous operations create one of the toughest environments for tyres.

All three models debut Bridgestone’s Subterranean technology, allowing haulers to carry heavier loads without raising inflation pressure. This innovation also lowers the risk of cuts, penetrations and costly downtime. The tyres form part of the company’s Moving More with Less philosophy, balancing higher capacity, durability and safety to help operators maximise output underground.

The tyres reduce penetrations by enveloping rocks instead of allowing them to cut into the rubber while preserving grip and operator comfort. The VMNT offers extended wear life for underground haulers, the VMDL uses a unique lug pattern for traction on load and haul dump machines and the VMMS features a smooth grooveless design where traction comes from terrain contact, plus cut-resistant sidewalls. Available sizes include 26.5 R25, 29.5 R29 and 35/65 R33.

This release strengthens Bridgestone’s off-road tyre portfolio and reinforces its commitment to innovative solutions that improve productivity, durability and safety in specialised global applications.

Rob Cole, Key Account Manager – Off Road Tyres, UK and Ireland, Bridgestone, said, “These tyres are specifically designed for the harshest terrains that you’ll ever come across. Underground mines are among the most demanding and challenging environments imaginable. The beauty of these tyres is that they can carry 15 percent extra load capacity without increasing the pressure. Traditionally, the thinking in this sector was to make the casing stronger and simply put more air into the tyre to carry more load. In reality, that can be counterproductive in these conditions.

“If a tyre fails underground, it can fail with a tremendous amount of force, costing operators huge amounts of money in downtime and, more importantly, potentially endangering life. The machines themselves are getting heavier, so the tyre beads have also been strengthened to help carry more load safely and effectively. What Bridgestone has developed here is a tyre range capable of handling the severe realities of underground mining while helping operators move more with less.”

Comments (0)

ADD COMMENT

Link Copied!

The Yokohama Rubber Co., Ltd. has confirmed that its flagship ADVAN brand tyres powered the JR2 Class victor at 2026 WRC FORUM8 Rally Japan, the seventh round of the FIA World Rally Championship. The race took place from 28 to 31 May on courses spanning Japan’s Aichi and Gifu prefectures.

The ADVAN A051T tarmac rally tyres delivered the grip, control and wear resistance essential for navigating the event’s technically demanding stages under high surface temperatures. The JR2 Class is designated for national and regional rally vehicles with engine displacements above 1600 cc and up to 2500 cc. The winning car was a TOYOTA 86 fielded by K-ONE RACING TEAM, driven by Yuta Yamamoto and Shizuka Takehara.

Their well-coordinated, precision driving, combined with the ADVAN A051T tyres’ performance, allowed them to clock the fastest time on every stage except SS10, where a Notional Time was applied. The pair finished over 17 minutes ahead of the second-place car. Yamamoto has now claimed first place in the JR2 Class at Rally Japan for five consecutive years, with ADVAN tyres contributing each time.

Beyond Rally Japan, Yamamoto also competes in the Japanese Rally Championship, where he has secured the JN-3 class series title for three straight years, again supported by ADVAN rally tyres. Rally Japan is the country’s round of the WRC, which ranks alongside Formula 1 and the FIA World Endurance Championship as a premier global motorsport series. The competition is run entirely on tarmac roads, and this year’s WRC calendar features 14 rounds across different nations worldwide.

Comments (0)

ADD COMMENT

Link Copied!

Tyres Europe has responded to the European Commission’s recent policy package on the EU Deforestation Regulation (EUDR), offering qualified support for measures that reduce red tape. Industry representatives have pointed to proposed exemptions for retreaded and test tyres as a positive step, arguing these products do not present the same supply chain traceability risks as standard new tyres. The move is seen as a way to prevent unnecessary administrative costs for businesses.

A significant point of clarity within the Commission’s documents involves the dual legal status of tyre makers. Under the new framework, manufacturers are considered operators when importing natural rubber but become first downstream operators when selling finished goods. Tyres Europe has endorsed this distinction, stating it prevents the needless circulation of due diligence statement numbers after the raw material has already been cleared at the border. The association believes the same rationale should apply to imported finished tyres, which have already satisfied verification requirements upon entry.

Nevertheless, serious practical hurdles remain, particularly concerning the EUDR’s digital infrastructure. The tyre sector routinely mixes domestically produced and imported tyres within the same warehouses for extended periods, forcing companies to repeatedly consolidate large volumes of due diligence references for customer shipments. Although the Commission has acknowledged the necessity of grouping tools, the current design of the Information System may undermine these simplified procedures. Industry leaders warn that without technically sound solutions, system resilience could be compromised.

Tyres Europe has formally requested that the EUDR’s existing implementation deadline stay unchanged. Instead of delaying the rules, the group urges policymakers to resolve unresolved operational issues through narrowly tailored fixes. The ultimate goal is to prevent duplicate transmission obligations wherever prior due diligence can be clearly demonstrated, ensuring that supply chains remain functional without sacrificing regulatory oversight.

Adam McCarthy, Secretary General, Tyres Europe, said, “The tyre industry supports the objectives of the EUDR and is ready to implement it. After years of preparation, companies now need implementation certainty. The priority now should be to ensure that the remaining operational issues are addressed through targeted refinements and further implementation guidance, rather than through any reopening of the Regulation itself.”

Comments (0)

ADD COMMENT

Link Copied!