ATG to build OTR plant in Andhra Pradesh

ATG to build OTR plant in Andhra Pradesh

Alliance Tire Group ( ATG) will build an off-the-road tyre plant in Visakhapatnam, Andhra Pradesh to meet growing demand.

The new plant will have a daily production capacity of 55 tons (rubber weight), with planned capital investment totaling US$165 million. Construction will start in the third quarter of 2020, and the new plant is scheduled to come on line in the first quarter of 2023. The plant, which will be the company’s third plant in India, will manufacture its three brands ALLIANCE, GALAXY and PRIMEX brand tires
ATG currently has two tyre plants in India—the Dahej Plant in the state of Gujarat and the Tirunelveli Plant in Tamil Nadu. With global demand expanding, Yokohama Rubber launched a project to expand the capacity of its existing line at ATG’s Dahej plant in February 2018. Upon the project’s completion, capacity has been increased 1.6-fold. However, expectations for further increases in demand for ATG’s off-highway tyres led to the decision to build an entirely new plant.
The Atchutapuram Industrial Park is located in the state of Andhra Pradesh in eastern India. It is also near the port of Visakhapatnam, which makes it an advantageous location for exporting finished products. The new plant’s site has a total area of about 320,000m2, which provides plenty of room for future expansion.


 

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    BPCL Launches Convenient Packs of MAK Rubber Spray Oil To Support Small Rubber Growers

    BPCL - MAK

    Bharat Petroleum Corporation (BPCL), a leading public sector oil and gas company, has launched the MAK Rubber Spray Oil in a convenient 26 kg pack, which will make it accessible for small and marginal rubber growers.

    M Vasanthagesan IRS, Executive Director of the Rubber Board, unveiled the pack at an event held at Rubber Research Institute of India (RRII), Kottayam. 

    He emphasised on the importance of consumer-centric innovations, highlighting that India has been a global leader in controlling rubber diseases. "Ensuring the well-being of farmers and improving ease of use should be a priority when launching new products. It is commendable that BPCL has introduced spray oil in smaller, more practical packaging."

    Sohail Akthar, Marketing Head, BPCL, said, "This innovation will significantly support small-scale rubber growers who do not require large volumes of spray oil for fungicide applications. By offering the product in smaller, more accessible packs, we ensure that even marginal farmers can effectively protect their crops."

    The event also saw addresses by several key industry figures, including Dr M D Jessy, Director-in-Charge, RRII, Moncy P Kurian, Managing Director, Manimalayar Rubbers, Dr Shaji Philip, Principal Scientist, RRII and Jenny C L, Territory Manager, Lubes, BPCL.

    Following the formal launch, a technical session provided deeper insights into the product’s benefits and best practices in rubber cultivation. Sarvesh Tomar, R&D Head, BPCL's Lubes Business Unit, Dr Shaji Philip and N Sali, Joint Rubber Production Commissioner, Rubber Board shared their expert perspectives on sustainable disease management and advancements in rubber plantation technology.

    The event witnessed active participation from representatives of large rubber estates, Rubber Producers' Societies and independent growers, highlighting the growing interest in adopting modern, eco-friendly agricultural solutions.

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      Pyrum Supervisory Board Extends Contract Of CFO Kai Winkelmann

      Pyrum Supervisory Board Extends Contract Of CFO Kai Winkelmann

      Pyrum Innovations AG has announced that its Supervisory Board has extended the contract with Chief Financial Officer (CFO) Kai Winkelmann until 31 March 2030 to ensure continuity in the management of the company.

      Winkelmann joined the firm in February 2021, and on 1 April 2022, he was initially named to the Executive Board as CFO. He has so far played a major role in obtaining the company's funding during his tenure at Pyrum, including last year's successful capital raise. Winkelmann is in charge of Finance, Compliance and IT in his role on the Executive Board.

      Alf Schmidt, Chairman of the Supervisory Board, said, “We are pleased about the contract extension of Kai Winkelmann, who has proven his skills and in-depth expertise in the financial sector and at the management level in recent years. Over the last four years, he has made a significant contribution to the development of the necessary administrative structures and to the success of the company, and has promoted its rapid further development. We have confidence in his foresight and are convinced that Winkelmann will continue to play a central role in the successful implementation of the company’s goals in the years to come.”

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        Bridgestone Selected To Continue As A Constituent Of Three Globally Recognised ESG Indexes

        Bridgestone Selected To Continue As A Constituent Of Three Globally Recognised ESG Indexes

        Bridgestone Corporation (Bridgestone) has been selected once again to continue as a constituent of three internationally renowned environmental, social and governance (ESG) indexes: the MSCI ESG Leaders Indexes, the FTSE4Good Index Series and the Dow Jones Sustainability World Index (DJSI World).

        Bridgestone has been a part of the MSCI ESG Leaders Indexes for two years in a row since 2023, the DJSI World for three years in a row since 2022 and the FTSE4Good Index Series for seven years in a row from 2018. Bridgestone's specific Mid Term Business Plan (2024-2026) has been steadily implemented, putting sustainability at the centre of its operations. The company's 2020 vision and Mid-Long Term Business Strategy served as the foundation for the plan.

        According to the company statement, “Setting forth the vision of ‘Toward 2050, Bridgestone continues to provide social value and customer value as a sustainable solutions company’, Bridgestone links its business to the realisation of carbon neutrality, a circular economy and nature positivity across the entire value chain. From the ‘produce and sell’ phase and the ‘use’ of its products through to their ‘renewal’ to raw materials, Bridgestone aims to build a foundation for creating sustainability value.”

        The following initiatives have contributed to Bridgestone's inclusion in these indexes:

        • Contributing to a circular economy and attaining carbon neutrality by using ENLITEN technology to make tyres from recycled and renewable resources, using BCMA and switching to ‘Green & Smart’ manufacturing at Bridgestone locations to increase resource productivity and energy efficiency.
        • Encouragement of nature positivity through initiatives for the sustainable use of water resources and natural rubber that are closely related to the commercial operations of the firm, including strengthening assistance for natural rubber smallholders.
        • Strengthening of a thorough structure and procedure for human rights due diligence that aims to identify, mitigate, avoid and disclose human rights concerns.
        • Visualisation and disclosure of the impact of social contribution actions that are in line with the global goals.

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          Continental Gets Tire Manufacturer Of The Year Award

          Continental Tire Award

          German automotive company and tyre major Continental has been added another feather to its cap with bagging the ‘Tire Manufacturer of the Year’ at this year’s Tire Technology International Awards for Innovation and Excellence at this year’s Tire Technology Expo.

          With this, Continental becomes the only tyre maker to have won two concurrent awards – Tire Manufacturer of the Year and Environmental Achievement of the Year – Manufacturing. The company’s Lousado facility in Portugal was also recognised for manufacturing tyres CO2-neutrally since last year.

          Edwin Goudswaard, Head of Research & Development, Continental Tires, said, "We are especially proud to be the only manufacturer to be honoured twice at the Tire Technology Awards in an extremely competitive field. Both awards highlight our strong commitment to sustainable tire development and manufacturing. In such a highly competitive market, this success demonstrates our innovative prowess and our ability to actively shape the future of the industry."

          Interestingly, this also marks it the fourth time that the German company has bagged the Tire Manufacturer of the Year award. The awards took into consideration tyre makers globally and were evaluated by a jury of 27 independent industry experts.

          Going forward, Continental has outlined its ambition to switch all of its tyre plants to fully carbon-neutral production processes by 2040 at the latest.

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