Nokian Tyres Gains Green Certification for Romanian Zero-Emission Factory
- February 10, 2025
Nokian Tyres has received the ISCC PLUS sustainability certification for its Oradea, Romania, factory, reinforcing its commitment to using recycled and renewable materials in tyre production. Opened in September 2024, the facility is the world's first ful
FORNNAX Holds Groundbreaking Ceremony For Manufacturing Site In Gujarat
- February 10, 2025
FORNNAX Technology, one of the world's leading shredding and recycling equipment manufacturers, recently held the groundbreaking ceremony for its 23-acre manufacturing site in Gujarat, India. This marks a major milestone for the company in its expansion p
BKT Reports Growth Despite European Headwinds; Plans INR 12 billion Capex for FY26
- February 08, 2025
Balkrishna Industries Ltd. (BKT) reported a 5% YoY volume growth in Q3 FY25, with standalone revenue increasing by 11% to INR 25.71 billion. Despite challenges in Europe, its largest market, BKT remains optimistic, maintaining its sales growth forecast. T
Yokohama Rubber Secures Spot In CDP’s A List On Climate Change
- February 07, 2025
The Yokohama Rubber Co., Ltd., has once again secured a spot in CDP’s A List of companies for its leadership in corporate sustainability. This is Yokohama Rubber’s third-straight and sixth time on the A list by the global environmental non-profit orga
GRP Reports 20% Revenue Growth, Plans Major Expansion into Tyre Recycling
- February 07, 2025
Indian rubber recycling company GRP Limited reported 20% YoY revenue growth for Q3 and the first nine months of FY25, despite margin pressures from rising raw material costs. The company achieved INR 1,327 million revenue in Q3 with 9.8% EBITDA margins an
MRF's Profit Drops 38% Despite Revenue Growth on Rising Input Costs
- February 07, 2025
MRF, India’s leading tyre manufacturer, posted a 38% decline in Q3 profit to INR 3.15 billion, despite a 13.76% rise in revenue to INR 70.99 billion. Higher raw material costs, including natural rubber and crude-based inputs, along with currency fluctua
