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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Superteam Wheels, a prominent Chinese manufacturer of carbon fibre bicycle wheelsets, has introduced a new flagship carbon fibre wheelset, the Ultra SL SE, designed to resolve the performance trade-offs faced by road cyclists. Riders have long been forced to choose between lightweight designs lacking stiffness or rigid wheelsets too heavy for long distances. The new model integrates mature Chinese manufacturing with DT180 hubs, carbon spokes and aerodynamic optimisation for professional racing, training and casual riding.

Unlike single-function wheelsets, the Ultra SL SE is engineered for full-scenario adaptability. Weighing only 1,210 grammes, the wheelset achieves a lightweight breakthrough without compromising rigidity. The DT180 hubs enable direct power transmission for sprinting, climbing or cruising. The wheelset adapts seamlessly to flat roads, rolling terrain and climbs.

Compared to the classic H2 model, the Ultra SL SE brings three major upgrades: lighter weight, DT180 hubs and a redesigned circular rim. It retains H2’s stiffness and shark fin bionic aerodynamics. At 40 kmph, wind resistance drops by 17.62 percent.

The 51-millimetre front rim and 48-millimetre rear rim create a three-millimetre difference. The higher front rim enhances stability and resists crosswinds, while the lower rear rim reduces drag. This design balances controllability and aerodynamics.

Superteam selected DT180 hubs for their precision and low rolling resistance, combined with carbon spokes. The Ultra SL SE delivers professional race-level performance at a friendly cost, offering lightweight portability, rigid power transmission and all-scenario adaptability.

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Falken has advanced to the final round of the first-ever Service Award, a new distinction created by the Federal Association of Tyre Retailers and Tyre Repairers (BRV) based in Bonn. As a brand operating under Dunlop Tyre Europe GmbH, Falken now competes alongside two other undisclosed nominees for a prize designed to highlight outstanding trust-based partnerships and superior service within the passenger car and light commercial vehicle tyre sector.

A comprehensive survey of over 250 BRV member companies drove the selection process. Between early March and mid-April, participating retailers cast online votes evaluating criteria such as on-time delivery reliability, logistics and ordering efficiency, commercial terms, customer service responsiveness and the quality of sales, marketing and training support. The results placed Falken among the three finalists, signalling strong approval from the specialist tyre trade.

The eventual winner will be revealed on 8 June 2026 at a ceremony held during the BRV General Meeting in Cologne. That announcement will formally close the inaugural competition, with Falken remaining in contention for the top honour.

Thomas Langer, Sales Director Germany, Dunlop Tyre Europe GmbH, said, “Being nominated for the BRV Service Award means a great deal as it is decided by the specialist tyre trade. It confirms our commitment to offering Falken partners not only reliable and safe products, but above all, dependable service, tailored support and a genuine partnership-based collaboration. This feedback motivates the whole team to remain focussed on serving our loyal customer base.”

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Zhongce Rubber Group (ZC Rubber), the official global tyre partner of Arsenal Football Club, has extended its congratulations to the team for securing the Premier League title for the 2025/26 season. The Chinese tyre manufacturing giant, recognised as one of the world’s leading industry players, commemorated the club’s first Premier League title since the legendary unbeaten ‘Invincibles’ run of 2003/04. This victory represents Arsenal’s 14th English top-flight title, reaffirming its status among the most successful clubs in the history of English football.

Since forming the global partnership with Arsenal in 2023, ZC Rubber has leveraged the collaboration to promote its diverse tyre brand portfolio, which includes WESTLAKE, GOODRIDE, CHAOYANG, ARISUN, TRAZANO, YARTU, TIANLI and YONGGU. The company has enhanced its international brand visibility through matchday LED advertising at Emirates Stadium, integration with Arsenal’s official channels and various fan engagement initiatives. These efforts connect the excitement of elite football with the reliability and performance of ZC Rubber’s tyre products.

This championship victory also represents a significant milestone in ZC Rubber’s sports marketing strategy. As the company continues to expand its global footprint, the Arsenal partnership serves as a dynamic platform to reach consumers, distributors and business partners through a shared passion for football. ZC Rubber has expressed pride in celebrating the season’s success alongside Arsenal and its worldwide fanbase.

Henry Shen, Senior Vice President, Zhongce Rubber Group, said, “On behalf of ZC Rubber, I would like to offer our sincere congratulations to Arsenal Football Club, the players, coaching staff and supporters on this remarkable Premier League victory. It has been inspiring to see the team’s focus, determination and unity throughout the season. Arsenal’s pursuit of greatness strongly resonates with ZC Rubber’s own commitment to delivering safe, reliable and high-performance tyre solutions for customers around the world.”

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Balkrishna Industries Ltd. (BKT) is showcasing its latest agricultural tyre technologies at Agritechnica Asia in Bangkok, where more than 15,000 trade visitors are expected to attend the exhibition over three days.

The off-highway tyre manufacturer is exhibiting at booth F17 alongside Chavakit Ruam Yang Co Ltd., its distributor in Thailand for more than 20 years.

BKT said the products on display are designed to address the evolving requirements of the Asian agricultural sector, with a focus on soil protection, durability and load-carrying capacity.

Among the products featured at the exhibition is HARVESTER SPECIAL, a heavy-duty tyre developed for sugarcane harvesters in Thailand. The company said the tyre’s dual-angle lug design is intended to improve traction in field conditions while maintaining road comfort.

The company is also presenting several products from its AGRIMAX range, including AGRIMAX RT 657, AGRIMAX RT 855 and AGRIMAX RT 955, which are designed for soil tillage, road use and row crop applications.

In addition, BKT is displaying tyres from its TR range, including TR 135, which is aimed at demanding tillage operations.

The exhibition is being held at the Bangkok International Trade & Exhibition Centre (BITEC) through 22 May.

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