Valebridge Media Services (VMS) has announced the first 16 categories of the 2023 edition of the Recircle Awards. The Recircle Awards is a ceremony aimed at recognising the most prominent companies within the tyre recycling and retreading industries. The Recircle Awards 2023 will incorporate a total of 22 awards covering a wide and balanced range of categories from across the tyre industry. 16 of these categories were already announced at the official launch of the 2023 Recircle Awards held on 8 March, 2023 during the TyreXpo Asia show in Singapore.

The 16 categories announced are as follows – 

1. Best Tread Rubber Supplier
2. Best Retreading Equipment Supplier
3. Best Retreading Accessory and Consumables Supplier
4. Best Tyre Recycling Industry Supplier
5. Best Tyre Derived Recycled Product
6. Employee of the Year
7. Best Passenger Retreader
8. Best Truck & Bus Retreader
9. Best OTR Retreader
10. Tyre Pyrolysis Award
11. Tyre Devulcanisation Award
12. Mechanical Tyre Recycling Award
13. Best Company Director
14. Best Tyre Recycling Research Project
15. Best EPR Scheme
16. Lifetime Achievement Award in the Tyre Recycling Sector

David Wilson, Managing Director of Valebridge Media Services, the organising entity, said, “We are delighted to be able to announce the first 16 categories for the 2023 Recircle Awards, which we believe offers a wide scope of opportunities for the industry to recognise the achievements of worthy companies and individuals within the global tyre retreading and recycling industries, in terms of their individual excellence as well as the overall contribution of the industry to the circular economy.”

The winners of the Lifetime Achievement Award and Circular Economy Award were also announced at the event. The Lifetime Achievement Award in the retreading sector was granted to Chen Jet How, the former CEO of the Kit Loong Group. He was presented with the award for his contribution to the development of the tyre retreading industry in Southeast Asia. The winner of the Circular Economy Award was AZUR Network, a network of companies from Germany related to the tyre retreading industry. They were given the award for their contribution to the promotion of the tyre retreading sector. The award was received by AZUR Network co-ordinator, Christina Guth.

Alwin Seow, Show Director for Tyrexpo Asia, provided some highlights on the Recircle Awards and their overall importance to the show. He said, “What we expect from this edition of the Recircle Awards is to congregate all the major players of the tyre retreading and recycling industries, and also to celebrate excellence within that field.”

The nomination process for the 16 categories is already open and will close on 5 May, 2023. 

LANXESS, a specialty chemicals company, has successfully placed a six-year-tenor euro benchmark bond with a coupon of 0.0 percent in the European capital market.
The company, with about 14,800 employees in 33 countries, will use the funds to finance the planned acquisition of IFF, a US-based chemical company involved in microbial control.

The new bond is listed on the Luxembourg Stock Exchange in denominations of EUR 1,000.

Michael Pontzen, CFO, LANXESS, said, “We have secured the first step of financing already quickly after the announcement of the acquisition of IFF Microbial Control and are happy about the very receptive reaction of the capital market to our offering.” (TT)

Goodyear has launched its new RT-3B bead-to-bead tread in US and Canada in sizes 20.5R25 and 23.5R25 for off-the-road (OTR) tyres.

The new retread provides all-around performance for loaders and graders. Joining the existing lineup of premium off-the-road Goodyear tyres, the retread provides up to 60 percent savings compared to a new tyre.

Used extensively in gruelling OTR applications, retreading helps extend the life of tyres while delivering high traction and minimal tread wear. Additionally, retreading promotes sustainability by reducing unnecessary waste.

The new Goodyear RT-3B is cured in a mould and press method to generate low heat through long hours of usage via its 115-level tread depth. Strongly cut-resistant in nature, the centerline lugs and open shoulder provides optimal traction.

Loic Ravasio, General Manager, Global and Americas OTR, Goodyear, said, “We are always focused on delivering high value and low cost of ownership to our OTR customers. The RT-3B is a substantial addition to our retread portfolio providing another great option for operators to help drive efficiency, reduce costs and protect the environment.” (TT)

Anshuman Singhania, Dy. Managing Director of JK Tyre, has been appointed managing director of the company, effective October 21,2020.

Anshuman Singhania joined the Company as an Executive and over the years has been deeply involved in various activities of the Company in different positions, said the company.

Singhania is also Vice Chairman of ATMA

He is a graduate from Oxford Brookes University, UK and an alumnus of London Business School. As a young leader, he started his career from the shop floor as an apprentice and has held several positions in Planning, Production, Product Development, Quality Control, Stores & Purchase, Finance as well as Sales & Marketing. Being a techno-savvy person, he has played a key role in implementing the latest technologies in the manufacturing process at JK Tyre.

Yokohama Off-Highway Tires recently held the groundbreaking and foundation stone unveiling ceremony of its new plant at Atchutapuram, Visakhapatnam - Andhra Pradesh, India.

In the online event, Masataka Yamaishi , President & Chairman of the Board, Yokohama Rubber Co., Ltd broke the ground to commence construction work.

Yamaishi San unveiled the Foundation Stone virtually in the presence of Atao Kishi San: Chairman - ATC Tires Pvt. Ltd. and Managing Officer - The Yokohama Rubber Co., Ltd., Nitin Mantri – CEO and Anil Gupta – COO and the leadership team at Yokohama Off-Highway Tires.

The new plant will have a daily production capacity of 55 tons (rubber weight), with planned capital investment totalling US$165 million. The plant, which will be the company’s third plant in India, will manufacture its three brands ALLIANCE, GALAXY and PRIMEX brand tyres.

 Yokohama Off-Highway Tires currently has two tyre plants in India—the Dahej Plant in Gujarat and the Tirunelveli Plant in Tamil Nadu.