Nokian Tyres Launches Summer Tyre With Top EU Label Ratings Across Range
- By TT News
- September 08, 2026
Nokian Tyres plc has introduced a new premium summer tyre, the Powerproof E, designed for Central and Southern European markets, with A-class ratings in all three European Union tyre label categories across its full range.
The company said the tyre achieves top grades for rolling resistance, wet grip and external rolling noise, reflecting a development approach aimed at balancing efficiency, safety and comfort within a single product.
“Whether the priority is maximizing range and efficiency or achieving confidence and comfort in wet conditions, drivers should not have to compromise on safety. The new Nokian Tyres Powerproof E is designed to deliver outstanding performance in the areas that matter most to drivers,” said Tommi Alhola, Senior Vice-President for Passenger Car tyres in Central Europe.
Samu Lepistö, development manager at the company, added: “Achieving A-class ratings in all three EU tire label categories across the entire range is a significant result. These characteristics are all important to today's drivers yet improving one can often affect another. Nokian Tyres Powerproof E was developed to deliver balanced performance across all three areas.”
The tyre incorporates what the company calls Motion Control Technology, combining tread design, compound development and structural engineering to support efficiency and wet-weather performance.
Depending on size, between 40.9 percent and 42.8 percent of the tyre’s material content consists of recycled and renewable inputs, including rice husk ash, recycled carbon black and recycled steel.
Production takes place at the group’s factory in Oradea, Romania, which opened in 2024 and operates with zero direct carbon dioxide emissions, powered by renewable energy.
The Powerproof E is designed for passenger cars, sport utility vehicles and crossover vehicles, including electric, hybrid and internal combustion models. It will be available in sizes ranging from 16 to 20 inches for the 2027 summer season in Central and Southern Europe.
PCBL Chemical Names Rituraj Singh Kalra As Executive Director And Chief Of International Markets
- By TT News
- November 13, 2026
PCBL Chemical has named Rituraj Singh Kalra as Executive Director and Chief – International Markets (Rubber Blacks), effective 9 November. The Kolkata-based company disclosed in a regulatory filing that Kalra will also serve on its Senior Management team and will be based in Belgium.
Kalra brings roughly three decades of expertise in international sales, marketing and business strategy, with senior leadership roles at Bekaert, GKN Driveline and MAHLE. He will oversee operations across Europe, the Americas and key Asia-Pacific markets, lead the Innovation Centre and drive Green Carbon initiatives, prioritising close customer relationships, resilient supply chains and commercial and technical partnerships built on shared sustainability goals. He previously served as Senior Vice-President of Global Sales, Marketing and Strategy at Bekaert in Belgium and holds a mechanical engineering degree from the University of Leeds and an MBA from Warwick Business School.
The appointment strengthens PCBL's global ambitions as a unit of the RP-Sanjiv Goenka Group, a conglomerate tracing its roots to 1820 that now generates about USD 5 billion in annual turnover and employs more than 55,000 people. With over six decades of operations behind it, PCBL stands as India's largest and the world's sixth-largest carbon black manufacturer, positioning itself as a global partner across carbon black, speciality chemicals and advanced materials.
Tyrecycle's Jim Fairweather Concludes 10-Year Run As ATRA President
- By TT News
- November 13, 2026
Tyrecycle CEO Jim Fairweather has stepped down after more than 10 years as President of the Australian Tyre Recyclers Association (ATRA), passing the role to Leigh Cometti, Managing Director of CTS Tyre Recycling. Fairweather will remain involved with ATRA and the wider industry.
His departure closes a period in which the association and Tyrecycle jointly pressed government to adopt the prohibition on exporting whole-baled waste tyres. That measure stopped such shipments reaching developing markets, where poor handling, storage or disposal could endanger human health and the environment, and it pushed the sector towards more accountable end-of-life tyre management and more processing and recovery on Australian soil.
Tyrecycle describes engagement with bodies like ATRA as central to its aim of building up the country's tyre recycling and resource recovery sectors. The company argues that recyclers, governments, regulators and other parties must work together if tyre recovery is to rise and end-of-life tyres are to be handled better nationally.
Looking ahead, ATRA has flagged several priorities: lifting off-the-road market recovery volumes, tightening compliance and enforcement, maintaining close ties with State and Federal regulators and pursuing regulatory changes that leverage existing Australian recycling capacity. Tyrecycle says it will keep contributing its experience, expertise and national outlook to ATRA and its members.
ATMA Seeks Duty-Free Natural Rubber Import Quota As Prices Reach INR 300 Per Kilogram
- By MT Bureau
- November 12, 2026
The Automotive Tyre Manufacturers’ Association (ATMA), the apex body representing tyre companies in India, has requested the Government of India to allow temporary duty-free imports of natural rubber under a Tariff Rate Quota (TRQ) mechanism.
The request follows an increase in domestic natural rubber prices to INR 300 per kg, representing a rise of nearly 62 percent from the November 2025 average of INR 186 per kg, alongside supply shortages during the peak production season.
In a letter submitted to Union Commerce and Industry Minister Piyush Goyal, the association proposed limiting the duty-free import quota to the assessed deficit between domestic demand and supply until market conditions stabilise.
During FY2025-26, India produced 905,000 tonnes of natural rubber against a consumption volume of 1.42 million tonnes, creating a supply gap of nearly 37 percent. Tyre manufacturers are simultaneously managing cost increases in synthetic rubber, carbon black, petroleum-based inputs and freight expenses driven by crude oil price movements linked to events in West Asia.
India's tyre industry generates an annual turnover of approximately INR 1,000 billion and exports exceeding INR 270 billion, having recorded 16 percent YoY export growth in Q1 of FY2026-27.
Arun Mammen, Chairman of ATMA, said, “Tyre manufacturers rely on the peak tapping season to secure domestic rubber for their production schedules. This year, supplies are falling short even during these months, while procurement costs have risen sharply. A temporary duty-free quota, limited to the assessed shortfall, would help manufacturers maintain production while protecting the interests of domestic rubber growers.”
Mark Stewart Steps Down As Goodyear CEO; Roger Wood Takes Interim Reins
- By TT News
- November 09, 2026
The Goodyear Tire & Rubber Company has announced that Mark Stewart has stepped down from his roles as Chief Executive Officer and President of the company and has also left its board of directors, effective immediately. In his place, the company has installed board member Roger Wood as interim Chief Executive Officer, with Wood leading the tyre maker while a leading executive search firm helps the board identify a permanent successor.
Wood joined the board in 2023 and has spent over 30 years leading businesses in the automotive and manufacturing sectors. He was previously Co-Chief Executive of Tenneco Inc., which designs, manufactures and distributes clean air, powertrain and ride performance systems worldwide for vehicle manufacturers and the aftermarket, and he holds board seats at PHINIA Incorporated and Brunswick Corporation. As part of taking the interim role, he has given up chairing the board's human capital and compensation committee.
Earlier this year, the board set up a special committee to scrutinise the company's businesses and operations, seeking ways to lift performance and deliver more value to shareholders. Directors and management are pursuing that effort through a wide-ranging assessment of strategic and operational options, among them refining the business mix and footprint, sharpening efficiency and funding new products and capabilities that underpin long-term growth. No further updates are planned unless and until the board concludes that more disclosure is warranted or required.
In a separate announcement dated 27 October 2026, Goodyear said Jerome Rouquet will become Executive Vice President and Chief Financial Officer on 1 December 2026. Rouquet, now Chief Financial Officer at Visteon Corporation and formerly a senior finance executive at Tenneco and Federal-Mogul, takes over from interim Chief Financial Officer Scott Deakin, who will help ensure a smooth handover.
Joe Hinrichs, Goodyear Board of Directors Chair, said, "Goodyear has made meaningful progress in becoming a more efficient and focused company, and the board believes this is the right moment to transition leadership to accelerate that progress and capture additional opportunity. Roger brings extensive automotive and industrial CEO experience, deep operational expertise and strong relationships across OEMs and aftermarket customers. He knows Goodyear, understands the opportunities ahead and has the board's full confidence to bring heightened focus and urgency to execution while we conduct a thorough search for a permanent CEO. We thank Mark for his contributions to Goodyear.
"The board formed a special committee earlier this year to conduct a rigorous strategic review of the company to help strengthen performance and create shareholder value. The board, together with the Enterprise Transformation Office, is evaluating a broad range of strategic and operational opportunities, and we are committed to taking the right actions to position Goodyear for stronger performance and long-term success. We look forward to providing an update as this work progresses."
Wood said, "Goodyear has iconic brands, talented people and significant opportunities to improve performance and deliver long-term value. As I step into this role, my immediate priorities are to support our associates and customers, sharpen execution and build on the work already underway to advance Goodyear's transformation. I look forward to working closely with the board, leadership team and the Enterprise Transformation Office to advance the strategic review and translate that work into actions that strengthen performance and position Goodyear for long-term success."
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