- Gravita India Limited
- Rubber Recycling
- Tyre Recycling
- Tyre Recycling Plant
- Acquisitions
- Gravita Netherlands BV
Gravita To Acquire Rubber Recycling Plant In Romania
- By TT News
- September 19, 2024
Gravita India Limited, a leading recycling company having global presence, has announced that its step-down subsidiary Gravita Netherlands BV (GNBV) has signed a memorandum of understanding (MOU) to acquire a waste tyre recycling plant in Romania.
Having a capacity of around17,000 MTPA, this will be Gravita’s first recycling facility in Europe. It already has a global presence with 12 eco-conscious state-of-the-art manufacturing facilities in Asia and Africa with a capacity of more than 300,000 MTPA in multiple scrap recycling verticals.
The acquisition will be carried out by creating a separate SPV in Romania, wherein GNBV will own 80 percent of the stock and have management authority. Other Romanian-based partners would retain the remaining shares. In addition, GNBV will contribute around INR 320 million to the transaction, with a total investment of approximately INR 400 million, subject to in-depth financial, environmental and legal due diligence.
In order to spur growth, GNBV also plans to extend its recycling business activities throughout the European market. To do this, it will take advantage of fresh market opportunities and form important alliances. Through this acquisition, the business will become more visible, attract more clients and fortify its competitive advantage in the European market. Similar rubber recycling facilities are already operated by the corporation in Ghana, Senegal, Togo and Tanzania. This is consistent with the company's expansion strategy and diversification ambition of expanding its recycling business across multiple geographies.
- Tegeta Green Planet
- Circular Economy Action Platform
- UN Global Compact Network
- Packaging Waste Regulation
- Extended Producer Responsibility
- Used Tyres
Tegeta Green Planet Joins UN Global Compact Discussion On Packaging Waste Regulation
- By TT News
- October 10, 2026
Tegeta Green Planet participated in a Circular Economy Action Platform meeting hosted by the UN Global Compact Network Georgia on 6 October. The session examined packaging waste management and the need for technical regulation from a business standpoint, with participants exploring existing practices and the challenges tied to the issue.
Attendees stressed that an effective waste management system would serve environmental goals while giving businesses a clear and predictable operating environment. Shalva Akhvlediani, Director of Tegeta Green Planet, presented the company’s vision and hands-on experience. Discussion topics included the Extended Producer Responsibility system, the role of businesses in waste management and practical obstacles to advancing a circular economy in Georgia.

As an EPR organisation, Tegeta Green Planet helps producers and importers meet their environmental obligations and supports an effective waste chain spanning collection, proper treatment and conversion into a resource. Akhvlediani detailed the company’s work with used tyres, waste oils and automotive batteries, noting that a sustainable system demands coordinated cooperation among businesses, government and other stakeholders alongside practical experience.
The meeting underscored the value of technical regulation, with clear requirements and strong enforcement seen as ways to develop waste management, reinforce responsible business practices and encourage more efficient resource use. Developing a circular economy remains a key focus for Tegeta Green Planet, which continues working with the business, public and educational sectors so that waste management moves beyond regulatory compliance toward reuse and recycling opportunities.
TyreSafe Warns Driver Overconfidence Masks Tyre Safety Gaps
- By TT News
- October 10, 2026
TyreSafe, UK’s leading tyre safety charity, has raised concerns that overconfidence among UK motorists could be concealing a serious road safety problem. Fresh research indicates a notable gap between how drivers rate their own abilities and their actual vehicle maintenance habits. While 42 percent of drivers consider themselves above average at handling emergencies, that figure rises to 51 percent among men. Yet 1 in 10 has never examined tyre pressure or tread depth, and merely a quarter have done so within the previous month.
Regional patterns remain broadly similar, though behavioural differences point to inconsistent awareness and upkeep across the country. The organisation stresses that tyres represent the sole contact between a vehicle and the road, meaning even minor defects can materially affect braking, grip and control. TyreSafe is therefore urging drivers to incorporate regular tyre checks into their routines and to act before they react.
Stuart Lovatt, Chairman, TyreSafe, said, “Confidence is not a substitute for preparation. No matter how skilled a driver believes they are, tyres ultimately determine how a vehicle performs in an emergency. You cannot outdrive poor tyre condition. Regular checks are essential to ensure your vehicle responds as expected when it matters most.”
Hankook Sets Sights On UK Bus Market With Euro Bus Expo Debut
- By TT News
- October 10, 2026
Hankook Tire will debut at Euro Bus Expo in 2026, strengthening its presence in the UK passenger transport sector. The event runs from 3–5 November at the NEC Birmingham, bringing together operators, manufacturers, suppliers and decision-makers for three days of innovation and networking.
With over 190 exhibitors and more than 7,000 visitors expected, the exhibition showcases full-size buses, coaches, mini vehicles, advanced technologies and services, letting attendees connect with key suppliers across the global supply chain.
At stand 38, Hankook Tyre UK will present its latest bus and coach tyres, focusing on innovation, sustainability and performance. Highlights include the Smart Touring AL22 for long-distance coaches, the urban Smart City AU04+ and AU06 with measurable sidewall protection, the Laufenn LF60 for mixed-use applications and the new e-Smart City AU56 EV tyre engineered for low rolling resistance, reduced noise and higher electric vehicle loads.

With partner Vaculug, Hankook will launch the LB01, a first-of-its-kind hot-cure remoulded urban bus tyre, reinforcing its total tyre solutions role and circular economy commitment. Vaculug’s sustainable manufacturing expertise, recently recognised with the King’s Award for Enterprise, supports the collaboration. The 2026 edition also offers seminars and technical sessions on industry trends and greener transport, giving Hankook a platform to boost visibility and reinforce its leadership in the commercial bus and coach tyre market.
VMI Opens Service Facility In Mexico To Strengthen Customer Support
- By TT Bureau
- October 09, 2026
VMI has opened a new service facility in León, Mexico, as the company expands its local support for customers and its growing installed base.
The facility was officially opened on 8th October , with a ceremony attended by Fonseca, the State’s Subsecretary; Rodriguez, Deputy Mayor Of León; and Harm Voortman, Chief Executive of VMI Group. Customers and local employees also attended the event, which included a tree-planting ceremony.
The company said the new facility had been designed with a focus on sustainability, including waste management and energy use. The tree planting highlighted VMI’s environmental commitments, following its recent achievement of EcoVadis Platinum status.
The opening follows VMI’s recent launch of a sales and support office in Yokohama, Japan, reflecting the importance of the Japanese market to the group.
Alongside the León opening, VMI held a customer seminar showcasing its latest innovations in tyre-building and tyre-component preparation solutions.
“This state-of-the-art facility in León, the drum workshop and our local presence, will help us support customers in Mexico more efficiently with faster response times and enhanced levels of service,” said Voortman.


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