GRP, an Indian rubber recycling company, reported a 20 percent year-over-year revenue growth for both Q3 and the first nine months of FY25, despite facing margin pressures from elevated raw material costs.

The company recorded total income of INR 1,327 million in Q3 FY25, with EBITDA margins holding steady at 9.8 percent. For the nine-month period, revenue reached INR 3,912 million, while EBITDA stood at INR 363 million.

"We achieved a 12 percent increase in volumes on a standalone basis, with Reclaim Rubber volumes growing nine percent despite subdued global tyre demand," said Harsh Gandhi, Managing Director of GRP Limited.

The company recognized INR 121 million in Extended Producer Responsibility (EPR) credits year-to-date, with an additional INR 180 million worth of credits valued at minimum support price still available for sale.

Expansion Plans

GRP is moving forward with its INR 2.5 billion expansion plan, having secured financing from French development finance institution Proparco. The company has also received shareholder approval to raise an additional INR 1.5 billion through a qualified institutional placement.

"We remain on track to commence operations for the first line of crumb rubber and continuous pyrolysis line by Q4 of this financial year," Gandhi stated, noting that INR 330 million has already been invested in the project.

Industry Developments

The expansion comes as major carbon black producers like Birla Carbon, Epsilon Carbon, and Phillips Carbon Black launch recovered carbon black products using tyre pyrolysis oil (TPO).

"With carbon black producers now actively sourcing TPO to produce their own grades of recovered carbon black, it allows us a new avenue for sale, which was maybe 6 to 8 months ago, was non-existent," Gandhi explained.

Future Outlook

The company expects margins to stabilize following recent raw material cost pressures, particularly in its synthetic rubber reclaim business. GRP's subsidiary focused on recycled polyolefins is gaining approvals from major brands ahead of new recycling regulations taking effect from April 2025.

"Once we do get into this business, there are a lot of synergies between the two businesses, and that will allow for the overall margin profile of the business to move towards mid-teens and even a little higher towards the high-teen EBITDA numbers for a consolidated level," Gandhi added.

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Apollo Tyres has unveiled the Apterra HT5, a new premium highway terrain tyre aimed squarely at the core SUV segment in India. The tyre is engineered for popular models such as the Fortuner, Endeavour and Scorpio, promising strong grip, long life, comfort and durability across both highway and demanding driving conditions. Designed and developed at the company’s Global R&D Centre in Chennai, the Apterra HT5 will be produced at manufacturing facilities in Andhra Pradesh and Chennai, featuring a beast-like stance that channels raw power and silent control.

The tyre incorporates several technical advancements to meet diverse driver needs. Long lasting durability comes from advanced Armour Technology and a Hybrid Fill Compound, offering cut resistance, improved mileage and extended tread life. Superior grip is achieved through a Dynamic Pattern design that adapts to varying road conditions for enhanced traction and confident braking at higher speeds. Enhanced comfort is delivered by precision-engineered tread sipes that balance block stiffness to absorb road harshness, resulting in a smoother driving experience.

India’s SUV market now follows two distinct usage patterns, with traditional rugged SUV users prioritising durability and mileage while new-generation SUV drivers focus on performance, grip and road presence. The Apterra HT5 bridges these two worlds with a single versatile solution, removing the need for trade-offs. Through this launch, Apollo Tyres reinforces its commitment to innovation and customer-centric engineering, adapting to the evolving expectations of SUV owners across the country.

Dahiya, Vice President, Commercial (India, SAARC and South-east Asia), Apollo Tyres Ltd, said, “Apterra HT5 represents our deep understanding of how India’s SUV market is evolving. Today’s SUV owners expect a product that can keep up with demanding usage while also delivering performance and comfort. With Apterra HT5, we have engineered a tyre that brings together durability, mileage, grip and refinement in one offering, ensuring our customers no longer must choose between toughness and driving experience.”

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TBC Corporation, one of North America’s largest marketers of automotive replacement tyres, has introduced the Doral Powerline portfolio, which includes the Rugged Path RT tyre along with updates to highway terrain, all-terrain and passenger tyres.

The company distributes these tyres across North America and has added sizes to the collection.

To assist customers, TBC’s wholesale marketing team developed a toolkit, which contains showroom tools and digital assets, such as posts and web banners, to help retailers with the brand.

The Doral Rugged Path RT features tread blocks, grooves, and siping technology. It features a compound used for performance in winter, off-road, and cold weather. The Doral Powerline catalogue includes tyres for CUVs, SUVs, pickup trucks and passenger vehicles, with 200 SKUs ranging from 15-inch to 20-inch.

TBC Corporation states that several product lines within the portfolio have been redesigned. The Elite Edge A/S Passenger Touring features a centre rib and water channels for handling, while the tread design manages road noise. The Journey HT Highway Terrain uses channels and sipes to evacuate water and a contour to distribute pressure. The Road Ranger AT All-Terrain uses a profile for contact and pressure distribution, with tread and lugs to protect sidewalls.

Bill Schafer, Chief Revenue Officer, TBC Wholesale, said, "TBC Wholesale customers depend on us to listen to their feedback and improve our offerings so we can deliver more robust product portfolios that increase their speed and ease of doing business. This portfolio enables us to provide customers with a broader range of tyre sizes and improved tire technology, all while maintaining the trusted products they've relied on us for, for the past 70 years.”

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TyreSafe, UK’s charity dedicated to raising tyre safety awareness, has entered a strategic partnership with the Road Haulage Association (RHA) to strengthen tyre safety standards within UK’s commercial vehicle industry. This collaboration unites TyreSafe’s educational expertise with the RHA’s membership of over 8,500 companies operating more than 250,000 commercial vehicles. The initiative also extends to coach and van operators, ensuring a broad range of professionals receives targeted maintenance guidance.

The joint effort tackles persistent tyre challenges among small and regional haulage firms by reinforcing compliance and efficiency across fleets and supply chains. Recent roadside checks at Lymm and Exeter revealed a clear divide: larger national fleets maintain high tyre standards, while smaller operators struggle with poor condition and practices. The partnership focuses on raising awareness of tyre safety, supporting legal obligations and promoting best practices in inspections.

Poor tyre maintenance can lead to roadside breakdowns, unsafe conditions, higher fuel costs, legal penalties up to GBP 20,000 and individual driver fines of GBP 200 per illegal tyre plus penalty points. Proper management reduces blowout risks, improves fuel economy and CO₂ emissions, lowers downtime and maintenance costs and ensures compliance. Tyres are essential for safe braking, handling, load stability and control.

TyreSafe and the RHA will collaborate on targeted communications and educational campaigns to elevate tyre safety standards across the commercial vehicle sector. The partnership supports all operation levels, from owner-drivers to major fleets, ensuring tyre safety is recognised as a fundamental pillar of safe and responsible fleet management across UK’s road transport network.

Stuart Lovatt, Chair of TyreSafe, said, “We’re delighted to welcome the Road Haulage Association as an official TyreSafe supporter. This partnership is about engaging with the haulage sector – from fleet operators to professional HGV, coach and van drivers. Heavy goods vehicles keep our economy moving, but they also operate in demanding conditions where tyre safety is essential. While many larger fleets are leading the way, we know there is more to be done to support smaller and regional operators with key information about tyre safety management. By working together with the RHA, we can bridge that gap – empowering operators, drivers and technicians with the knowledge they need to keep vehicles safe, compliant and efficient.”

Geraint Davies, UK Director of Partnerships at the Road Haulage Association, said, “We’re pleased to be joining TyreSafe as a supporter and to strengthen our focus on tyre safety across the sector. Our members operate in a highly regulated environment where safety, compliance and efficiency are paramount. Tyres play a critical role in all three. This partnership will help us provide practical guidance and support to operators of all sizes, ensuring they can meet their responsibilities while protecting their drivers, their businesses and other road users.”

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Tana Oy is expanding its waste processing portfolio with the launch of its Multi Waste Buckets MWB17 and MWB23, positioning the products as a lower-cost alternative to standalone pre-shredders.

The loader-mounted attachments integrate pre-shredding and bag opening at the point of loading, eliminating the need for separate shredding equipment. The approach is designed to streamline operations by reducing material size earlier in the process, improving feed consistency for downstream sorting, recycling and energy recovery systems.

The company said the integrated solution can lower operating costs by cutting the number of machines required on site, reducing fuel consumption and maintenance needs and minimising unplanned downtime. By removing additional handling steps, the buckets also aim to simplify internal logistics and improve site efficiency.

The MWB units are designed for plug-and-play installation across a range of wheel loaders and material handlers, enabling operators to process waste directly at the loading stage. The system delivers a particle size of roughly 300–400 millimetre and throughput of up to 90 cubic metres per hour, supporting higher recovery rates and reduced wear on secondary equipment.

Both models feature a three-axle design intended to optimise cutting performance and material flow, supported by higher torque on outer axles and a faster central axle. Additional design elements including protected bearings and self-cleaning structures are aimed at improving durability and reducing maintenance requirements.

The MWB17 targets 10–15-tonne loaders, while the MWB23 is designed for 13–20-tonne machines, allowing deployment across varying operational scales. The company said the products can either replace or complement conventional pre-shredders as part of efforts to improve cost efficiency and sustainability in waste processing.

“Pre-shredding is the critical first step in turning waste into value. With the TANA Multi Waste Buckets, we are bringing that step directly into the loading phase making the process simpler, more flexible and significantly more cost-efficient for our customers,” says Eetu Tuovinen, Product Marketing Manager, Shredders, Tana Oy.

Field experience has shown that integrating pre-shredding into the loading phase can streamline site operations. “Customers have seen immediate benefits in terms of reduced transport needs, smoother material flow and less downtime in downstream equipment. The ability to pre-process waste on the spot changes how efficiently the whole site can operate,” says Tuovinen.

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