Arp Technologies On Aggressive Mode
- By Sharad Matade
- April 23, 2025
In a recent interview with Tyre Trends, David Chen, CEO of ARP Technologies, discusses the changing landscape of the tyre manufacturing industry, his company’s technological advantages and plans for global expansion amid geopolitical uncertainties.
INDUSTRY TRANSFORMATION
The tyre industry has undergone significant changes recently, with emerging manufacturers rapidly expanding their production capacity. David Chen, CEO of ARP Technologies, observes, “The tyre business has changed so much in the last two years. Much new capacity has been added up by many small tyre companies... when I say small, like outside the top 10 companies.”
Chen clarifies that these companies are ‘non-top 10 tyre companies’ that still make quality products, positioning themselves as serious contenders in the market.
“They’re still making good tyres,” Chen explains. “Not necessarily secondary in quality, but secondary by size.”
When asked about the impact of these changes, Chen seems thoughtful, considering the broader implications before responding. “This is changing the entire industry dynamic. The established players are having to rethink their strategies, and we’re seeing this reflected in the equipment needs of our customers,” he says.
GEOGRAPHICAL SHIFT
A notable trend is the migration of manufacturing centres from Western Europe to Eastern Europe and Asia. “Western Europe has no longer been the hub of tyre manufacturing,” Chen observes. This shift presents both challenges and opportunities for equipment suppliers like ARP Technologies.
Despite this migration, Chen maintains that ARP’s European business remains strong due to its established relationships with top global tyre manufacturers. “We have a good record and history with those top tyre companies worldwide. In this industry, history and record means a lot. Experience means a lot,” he explains.
The closure of European manufacturing plants due to rising labour and input costs has reshaped the market landscape. However, Chen sees this as an opportunity for ARP to showcase its value proposition of cost-effective, high-quality equipment with advanced technology.
“When manufacturers feel cost pressures, they’re more open to considering new suppliers who can offer better value. That’s where we come in,” says Chen.
PERCEPTION CHALLENGES
Chen acknowledges that the market perception of Chinese manufacturing presents a challenge. “It’s a people’s mentality. Oh well, it’s coming from China. So it will take longer for them to recognise that they are good products from China,” says Chen.
“We’re not just competing on price,” he insists. “That’s a misconception. We’re competing on technology and quality. I believe our technology is superior to many established players.”
The company has been developing electric curing technology for 6-7 years and has recently sold this innovation to customers. A key advantage of their approach is minimal modification requirements. “Our technology requires minimum modification on existing presses. That’s a big advantage because otherwise you must invest a lot,” explains Chen.
QUALITY AND RECOGNITION
Chen emphasises that while manufacturing curing presses isn’t particularly difficult from a technological standpoint, maintaining consistent quality at scale is the real challenge. “Curing press is not that difficult to manufacture. Technology wise, it’s not rocket science,” he admits. But, to make hundreds of curing presses at the same high-quality level is not that easy. You have to have a perfect, solid quality system in order to make hundreds of curing presses at the same level, high level of quality.”
ARP Technologies received the Industry Supplier of the Year at Tire Technology Expo 2025. On receiving the Industry Supplier of the Year award, Chen says, “We have no idea why. One of the probably important elements is always remembering what the customer needs and is looking for. Customer value is number one. Many people understand this and know about it. But when you come to implementation and execution, it varies a lot,” explains the ARP CEO.
PRODUCTION CAPACITY AND GROWTH
ARP Technologies currently produces approximately 500 curing presses annually and plans to increase this by about 50 percent in 2025. When asked whether this ambitious target poses a challenge, Chen says, “We already have two factories in China producing curing presses. Of course, there will be challenges along the way, but we believe, with steady efforts and careful planning, we’ll be able to meet the goal.”
The production timeline for each curing press is approximately 5-6 months, representing a significant investment of resources. Despite this, Chen is confident in the company’s ability to scale production to meet increasing demand. “If we go from 750 to 1,000, then we’d need to add some facilities,” he concedes. “But for now, we’re well positioned to meet our growth targets.”
ARP offers a comprehensive range of products, from small motorcycle tyre presses to enormous OTR (off-the-road) equipment. “We do all types of curing press, from two wheels, motorbike, motorcycle tyres, PCR truck to OTR huge tyre... giant curing press,” Chen says.
GLOBAL PRESENCE AND EXPANSION
The company already maintains service centres worldwide, including South America, North America, Europe and India, supporting its turnkey project capabilities. “Turnkey means starting from design until we’ve finished the press and the customers coming in just to cure their tyres. So they don’t need to worry about anything in between,” Chen explains.
“This comprehensive service includes designing, commissioning, installation, execution till operation level and training, giving customers a complete solution rather than just a piece of equipment,” adds Chen.
When discussing potential expansion into Eastern Europe, Chen shares, “We are exploring the possibility of establishing a manufacturing site outside of China. Our main considerations are to be closer to our customers and to reduce unnecessary import tariffs.”
He mentions that the company is particularly interested in the Middle East and Eastern Europe and that the evaluation process is well underway. “Once we have completed all the necessary procedures and formalities, which should be very soon, we will make an official announcement,” he adds.
MARKET CHALLENGES AND FUTURE OUTLOOK
When asked about the trend of major tyre manufacturers shifting from mass production to premium tyres, Chen indicates this doesn’t significantly impact ARP’s business model. “For us, it’s indifferent. We do the same quality, same standard, no matter what tyre they’re making on our equipment,” he says.
Similarly, the increasing use of recycled materials in tyre production poses no challenges for ARP’s equipment. “It’s a curing process technology, so it doesn’t affect our machine,” Chen explains.
As for the biggest challenges facing his business, pointed to external factors beyond their control. “It’s the war and uncertainty of political [situation]... I think that’s the most uncertain. Other than we believe most other difficulties can be handled through our continuous efforts.”
Despite the challenges brought by geopolitical uncertainties and evolving market conditions, Chen remains quietly confident in ARP’s technology and product quality. “We believe we are heading in the right direction,” Chen says. “There’s still a lot of work ahead, but with steady effort and the support of our partners and customers, we hope it’s just a matter of time,” states Chen.
JK Tyre Targets Double-Digit Growth in FY2026, Targets INR 10 Billion CAPEX
- By Nilesh Wadhwa
- August 08, 2025

JK Tyre & Industries is aiming for double-digit revenue growth in FY2026, outpacing its forecast for single-digit expansion across the broader tyre industry. Managing Director Anshuman Singhania outlined the company’s ambitions during a post-earnings media call, underscoring confidence in demand recovery and strategic market positioning.
Q1 Performance Overview
For the first quarter of FY2026, JK Tyre reported revenue of INR 38.91 billion, with EBITDA at INR 4.24 billion, translating to a margin of 10 percent. Net profit stood at ₹1.55 billion — up 51 percent compared with the previous quarter, but down 21 percent YoY.
Singhania attributed the annual decline to muted original equipment (OE) demand, particularly in truck and bus radial (TBR) volumes, alongside higher raw material costs compared to the same period last year. He also highlighted an adverse impact from the company’s Tornel business in Mexico, which faced uncertainty due to tariffs on exports from Mexico to the United States, dampening volumes.
Resilience in Domestic and Export Markets
Dr Raghupati Singhania, Chairman and Managing Director, JK Tyre & Industries, said, “The growth momentum in domestic markets remained robust in Q1, with JK Tyre clocking a sales growth of 11 percent YoY, as contributed by a steady demand for our products in both replacement as well as OE segments, underscoring JK Tyre’s continued focus on core growth drivers and strengthening market presence.”
“Despite a challenging and uncertain macro-economic environment, exports of passenger car tyres witnessed a strong traction both on QoQ and YoY basis, signifying pull for our products and enhanced brand perception in the global markets,” said Dr Singhania.
Operational efficiencies and strategic pricing supported performance, even as natural rubber prices remained elevated. Subsidiaries Cavendish (India) and Tornel (Mexico) continued to contribute significantly to the group’s consolidated financials.
Operational efficiencies and strategic pricing supported performance, even as natural rubber prices remained elevated. Subsidiaries Cavendish (India) and Tornel (Mexico) continued to contribute significantly to the group’s consolidated financials.
Regarding trade tensions between India and the US, Anshuman Singhania noted that exports from India to the US account for only around 3 percent of JK Tyre’s revenue and could be redirected to markets such as Mexico, Latin America, Brazil and the UAE if required. With zero tariffs in Mexico, JK Tyre can utilise its production base there to meet demand for both passenger and truck radials. The EU and UK, where JK Tyre holds a strong position in the TBR segment, also remain tariff-free.
Capacity expansion
The company’s INR 14 billion capital expenditure plan is progressing on schedule, covering passenger car radial (PCR), TBR and all-steel truck radial projects. For the year, investment is expected to total INR 9-10 billion, aimed at boosting production capacity by 30-40 percent.
A key driver for future profitability is the shift towards premium products. The share of 16-inch and above passenger car tyres in JK Tyre’s portfolio has grown from 18 percent in FY2020 to 25 percent in FY2025, with a target of 40-45 percent over the next two to three years. This change is being fuelled by rising SUV sales, larger rim sizes in entry-level cars and strong export demand.
The company has also developed a complete range of tyres for electric vehicles, spanning commercial truck radials, bus tyres, passenger radials and two/three-wheeler tyres Major OEMs such as Ashok Leyland’s Switch Mobility and Tata Motors are sourcing these products, including for last-mile connectivity vehicles and newly launched EV buses.
Market Outlook
The replacement market has been a bright spot, with passenger radial volumes up 32 percent year-on-year and truck radial volumes growing in the high single digits. JK Tyre expects demand to strengthen in the second half of FY2026, supported by infrastructure development, a favourable monsoon, potential interest rate cuts, and improved consumer liquidity.
Anshuman Singhania stressed that the worst of raw material price pressures appear to be over, paving the way for margin improvement as the product mix shifts and capacity utilisation rises. With the small car segment’s gradual decline offset by growth in premium categories, JK Tyre remains confident in sustaining momentum.
“Overall, India is poised for growth,” Singhania concluded. “We see positives across the board — from infrastructure push to evolving consumer preferences — and we are well-positioned to capitalise on these trends.”
Yokohama Rubber begins OE tyre supply for BYD’s SEALION 6 DM-i SUV in China
- By TT News
- August 07, 2025

Yokohama Rubber has begun supplying its ADVAN V61 tyres as original equipment for BYD’s new SEALION 6 DM-i SUV, marking the Japanese manufacturer’s first OE partnership with the Chinese carmaker.
The SEALION 6 DM-i, a plug-in hybrid SUV launched by BYD Company Ltd. this July, is being factory-fitted with 235/50R19 103V size ADVAN V61 tyres. The announcement comes as Yokohama seeks to grow its footprint in China’s fast-evolving electric and hybrid vehicle market.
The ADVAN V61 is part of Yokohama’s global flagship ADVAN range and is positioned as a premium SUV tyre. The company said the tyre “offers ADVAN’s hallmark premium-grade driving performance, along with a high-level balance of fuel and energy efficiency, handling stability, and quietness, achieving both comfortable city driving and long-distance touring for heavyweight SUVs.”
The SEALION 6 DM-i combines a 1.5-litre naturally aspirated petrol engine producing up to 74kW with an electric motor generating 160kW. Buyers can choose between 18.3 kWh and 26.6 kWh blade battery options, offering electric driving ranges of 93km and 130km, respectively. All models come equipped with advanced driver assistance systems as standard, and the exterior design draws inspiration from the concept of “ocean aesthetics.”
Sumitomo Rubber’s Tyre Unit Clears Japan Antitrust Probe With Commitment Plan
- By TT News
- August 07, 2025

Sumitomo Rubber Industries Ltd said its subsidiary Dunlop Tyre Japan Ltd has completed a Japan Fair Trade Commission investigation into automotive all-season tyre sales after the regulator approved a commitment plan submitted by the unit.
The probe, which examined the subsidiary’s sales practices, concluded without the commission identifying any violation of Japan’s Antimonopoly Act, Sumitomo Rubber said in a statement.
Under Japan’s commitment procedures, companies can submit plans to address potential competition concerns without admitting wrongdoing, allowing them to resolve investigations while avoiding formal sanctions.
"We deeply apologise for the great trouble and anxiety that we have caused to all concerned, including our clients and business partners,” the tyre maker said.
Bekaert Warns Of Weakening Demand As Tariffs And FX Weigh On Outlook
- By TT News
- August 04, 2025

Belgian steel wire maker Bekaert reported resilient first-half 2025 earnings as strong cash generation and cost control offset softer sales, but warned that tariffs and currency pressures are weighing on demand.
The company posted consolidated sales of €1.9 billion, down 5.2 percent year-on-year, with volumes declining 2.6 percent and price/mix effects stripping out a further 2.2 percent. Underlying EBIT slipped 16.2 percent to €171 million, delivering a margin of 8.8 percent compared with 9.9 percent a year earlier.
Free cash flow surged to €123 million from €43 million in the prior-year period, driven by a €135 million reduction in working capital and €21 million in cost savings as the company continued to streamline operations and rein in capex. Net debt fell to €327 million from €399 million despite a continuing €200 million share buyback programme, €74 million of which has been completed.
“We have continued to focus on what we can control best – cash flow and costs - and have significantly reduced overheads and working capital in H1 2025,” chief executive Yves Kerstens said. “Equally, I am very pleased with the hard work of our teams fighting for volumes in the current challenging markets.”
He added: “We are also taking further steps to make our business units more autonomous and agile. Therefore, I am very confident that we will come out of the current business environment stronger and more cost competitive than ever before.”
Bekaert said volumes were particularly strong in its Steel Wire Solutions and Rubber Reinforcement divisions in the United States and China, while European and Latin American demand lagged. Its Brazilian joint ventures delivered €24 million in net profit share, up from €20 million a year ago.
However, the group cautioned that growing trade tensions – including a rise in US steel tariffs from 25 percent to 50 percent – and the weakening of the US dollar and Chinese yuan against the euro were eroding pricing power and softening orders.
“Following a period of resilience in Q2, the tariff uncertainty and weakening economic outlook has started to have an impact on demand,” Bekaert said.
The company now expects slightly lower full-year 2025 sales on a like-for-like basis, with an underlying EBIT margin of between 8.0 percent and 8.5 percent, down from 8.8 percent in the first half.
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