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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NEXEN TIRE has introduced its latest ultra-high-performance tyre, the N’FERA Primus UX, following a domestic launch in Korea on 1 June. The tyre is now entering the Asia-Pacific and Middle East markets, signalling the company’s full push into the global replacement tire sector.

Built under the One Universal Fit strategy, the N’FERA Primus UX delivers a 20 percent gain in tread wear performance compared to its predecessor. It is engineered for electric vehicles, internal combustion engine cars and SUVs alike and carries NEXEN TIRE’s proprietary EV ROOT certification mark to guarantee balanced performance across powertrain types.

Performance enhancements include strengthened reinforcement for improved high-speed stability, an expanded contact patch for better driving control and an optimised tread block design that reduces road noise. The tyre also features a new advanced-material compound that lowers energy loss to extend tread life. An aerodynamic sidewall design cuts air resistance, boosting fuel economy for ICE vehicles and maximising range for EVs.

Development relied on NEXEN TIRE’s AI and virtual simulation capabilities, including an AI-powered performance prediction system and a high-dynamic driving simulator. This marked the first time such simulation tools were used in the domestic automotive industry, allowing the company to mathematically model real-world driving conditions and accelerate measurement while raising development efficiency.

John Bosco (Hyeon Suk) Kim, CEO, NEXEN TIRE, said, "The N'FERA Primus UX is designed to deliver optimal performance regardless of vehicle type, in line with the demands of the EV era. Moving forward, we will continue to strengthen our global product lineup based on our 'One Universal Fit' strategy to expand our presence in international markets."

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ZC Rubber recently orchestrated a unique brand activation at Emirates Stadium, hosting its Partner Match Day: Emirates Stadium Experience on 24 May. The gathering occurred shortly after Arsenal’s coronation as 2025/26 Premier League champions, amplifying the electric atmosphere for attending partners, industry media and Arsenal collaborators.

Instead of a passive viewing experience, guests from the ZC Rubber family – including WESTLAKE, GOODRIDE and TIANLI – along with representatives from Stapletons Tyre Service, International Tyres, City 1st Tyres and ADR UK Tyremart, stepped onto the pitch for a competitive 90-minute tournament. Following two mini leagues and a climactic final showdown, City 1st Tyres secured the champion’s trophy before enjoying post-match hospitality inside the stadium.

As the Official Global Tyre Partner of Arsenal FC, ZC Rubber designed the event to deepen ties within its international partner network. The day demonstrated a clear strategy of merging sport with relationship-building, creating memorable connections for global audiences.

Andrew Reitzner, UK National Manager, ZC Rubber, said, “Partner Match Day was a fantastic opportunity to bring some of our partners and media friends together in a truly unique environment. Playing at Emirates Stadium is something many football fans dream of, and it was great to share that experience with the people who continue to support and grow with ZC Rubber. For us, that is what this event is about – teamwork, shared experience and the spirit of partnership behind ZC Rubber’s brands.”

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Giti Tire has strengthened its response to electric mobility by securing original equipment deals with major automakers while overhauling product design for the unique strains of battery-powered cars. Engineers have focused on solving challenges such as increased curb weight, immediate power delivery and the need for exceptionally quiet cabins, which set EVs apart from traditional vehicles.

Several leading brands, including Volkswagen, BYD and BMW, now fit Giti rubber on next-generation models across European and Asian markets. The technical focus has centred on lowering rolling resistance, controlling tread wear and managing acoustics, all of which are critical for factory-approved EV tyres. A case in point is the GitiControl P10, chosen for the BYD Sealion 7, iCar 03 and Deepal S07. By reworking the tread pattern and compound, the P10 manages higher loads and torque while preserving range, grip and durability while reducing interior noise.

Meanwhile, the GitiSynergy family has proven itself through the H2 variant on the Volkswagen ID. Buzz in Europe, including during a Guinness World Record attempt that tested long-distance reliability. The upgraded H2+ version further refines energy efficiency and ride comfort to meet BMW’s standards for consistency and low noise. On the performance front, the GitiSport S2+ earned an ‘Exemplary’ rating from Auto Bild in its 2026 Summer Tyre Test, ranking near the top for braking, handling and grip under high torque and heavy vehicle loads.

Together, the P10, H2+ and S2+ cover touring, daily driving and high-performance EV segments. Through ongoing collaboration with vehicle manufacturers and continuous engineering advances, Giti Tire is building a reputation as a dependable supplier for the electric mobility era.

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Bridgestone Americas has unveiled the new UltraWeather all-weather grand touring tyre aimed at drivers needing consistent grip on sedans, crossovers, SUVs and light trucks. The product replaces the outgoing WeatherPeak model and carries the three-peak mountain snowflake designation, confirming its ability to handle severe winter conditions. Through the application of ENLITEN technology, the tyre promises longer wear, lower fuel consumption due to reduced rolling resistance and dependable performance across every season.

Engineered for modern driving demands, the UltraWeather shows superior wet braking in internal evaluations, stopping four feet shorter than its predecessor and reducing hydroplaning risk via specialised grooves and shoulder slots. On snow, the tyre demonstrates a 14 percent shorter stopping distance compared to the Goodyear WeatherReady 2 while also outperforming both the Pirelli WeatherActive and the prior Bridgestone WeatherPeak by 10 percent. A proprietary PeakLife polymer and closed centre rib slots support the rubber’s longevity, backed by a 60,000-mile (approximately 96,560 km) limited warranty.

Additional ENLITEN benefits include noise-reducing structural design, rolling resistance improvements for better fuel economy and the use of renewable soybean oil in manufacturing. The tread pattern is precision-tuned to limit vibrations and road noise, contributing to a quieter, more comfortable ride for daily commuters and long-distance travellers alike.

The UltraWeather is available in the market from 1 June 2026, initially in select sizes before expanding to a total of 61 options for 16- to 22-inch rims. Popular vehicle fitments include the Honda Civic, Subaru Impreza, Toyota Highlander and Volkswagen Taos.

Dale Harrigle, Chief Engineer, Consumer Replacement Tire Development, Bridgestone Americas, said, “Our all-new UltraWeather grand touring tyre helps give drivers a new level of confidence, regardless of the day’s forecast. By integrating our ENLITEN technology, we’ve developed a tyre that delivers a remarkable balance of year-round reliable performance and sustainability elements, surpassing its predecessor.”

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