The U.S. Tire Manufacturers Association (USTMA) and its member companies have thrown their full support behind H.R.3401, a bill aimed at strengthening the American tyre retreading industry. The legislation, reintroduced by U.S. Representatives Darin LaHood (R-IL) and Emilia Strong Sykes (D-OH), proposes tax credits for fleet purchasers of American-made retreaded commercial tyres, with the goal of bolstering domestic manufacturing, creating jobs and promoting sustainable tyre solutions.

Anne Forristall Luke, President and CEO of USTMA, said, "Approximately 15 million tyres are retreaded annually in the U.S., including nearly 44 percent of commercial truck tyres in the U.S. and Canada. By providing tax credits to fleet purchasers who buy American-made retreaded commercial tyres, we have a critical opportunity to support domestic manufacturing and strengthen our national economy. This legislation is about more than just tyres – it's about investing in American workers and promoting a sustainable and innovative manufacturing sector."

Tyre retreading is highlighted as a vital component of American remanufacturing, currently employing over 51,000 workers and supporting more than 268,000 jobs across the broader U.S. tyre industry. Retreaded tyres are characterised as a nearly 100 percent domestically produced product, primarily manufactured by small, independent businesses that typically employ between 10 and 60 individuals.

Despite its significance, the American tyre retreading sector has faced a substantial decline, with the number of facilities shrinking from over 3,000 in 1982 to just 500 at present. This decline is attributed, in part, to an increase in imports of foreign new tyres, about 65 percent of which are less likely to be retreaded due to their design and construction. This trend not only undermines efforts to build robust tyre recycling programs but also accelerates the decline of U.S. retreading facilities.

H.R.3401 seeks to revitalise the U.S. retreading industry by making fleet purchases of retreaded commercial tyres more financially appealing. This measure is expected to create high-quality manufacturing jobs, enhance supply chain resilience and bolster local economies.

Furthermore, retreading aligns seamlessly with the U.S. tyre manufacturing industry’s commitment to a circular tyre economy, aiming to reduce waste and minimise the environmental impact of commercial trucking. Compared to new tyres, retreaded tyres demand significantly fewer natural resources, contributing to lower carbon emissions and energy conservation. Specifically, retreaded tyres:

• Use 15 gallons less oil and 90 lbs. less material per tyre.
• Save 215 million gallons of oil annually in the U.S. and Canada.
• Reduce CO2 emissions by 24 percent.
• Reduce water consumption by 19 percent.
• Reduce air pollution by 21 percent.
• Keep 1.4 billion pounds of waste out of landfills each year.

"The retreading industry has long been a leader in sustainable manufacturing, but the sharp decline in domestic retreading facilities highlights the need for policy solutions that support this critical sector. We applaud Reps. LaHood and Sykes for their leadership in reintroducing this bill and ensuring that American-made retreaded tyres remain a key pillar of our economy and environment," concluded Luke.

Comments (0)

ADD COMMENT

Link Copied!

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.

Comments (0)

ADD COMMENT

Link Copied!

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.

Comments (0)

ADD COMMENT

Link Copied!

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.”

Comments (0)

ADD COMMENT

Link Copied!

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."

Comments (0)

ADD COMMENT

Link Copied!