Jinyu Completes Vietnam PLT Project

Jinyu Completes Vietnam PLT Project

Chinese tyre maker Jinyu Tire Group has completed the passenger car tyre project in Vietnam as part of its strategy to return to the passenger vehicle tyre market. The group fully commissioned the plant, which can manufacture 10 million high-performance semi-steel radial tyres annually, in a ceremony on 15 April.

Launched in January last year, the project is an expansion of Jinyu’s existing truck & bus tyre production facility in Tay Ninh province, which currently produces two million TBR tyres annually. By the second half of 2026, the factory should be scaled up to full capacity. The company expects to produce 10 million TBR and 10 million PCR tyres annually across all of its production facilities once the initiative goes into full-scale production.

After a five-year hiatus to concentrate on the development of TBR tyres, Jinyu is making a triumphant comeback to the passenger vehicle tyre market with this landmark project. The facility has a testing unit, a technical R&D centre and automated manufacturing equipment. In order to guarantee that operations are traceable and controlled, the factory additionally uses intelligent management systems like MES, RDM and LIMS for real-time data collecting and analysis.

Chang Xianxu, Chairman, Jinyu Tire, said, "The successful completion of the PCR project in Vietnam is another breakthrough for Jinyu Tire in multiple dimensions such as high-end tyre manufacturing, technology research and development, production management and international operation capabilities. This also serves as a strong testament to Jinyu Tire’s unwavering commitment to the development and application of rubber tyre technologies and services, with the mission of delivering optimal value and experience to its customers. Upon full-scale production, the project is expected to reach an annual capacity of 10 million high-performance passenger and light truck (PLT) tyres by the second half of 2026. By then, Jinyu Tire will possess a dual production capacity of 10 million units each for TBR (Truck and Bus Radial) and PLT tyres, enabling the company to better serve and meet the needs of its global customers, while helping its global partners achieve greater business scale. This reflects a deep embodiment of the company’s core value – ‘Common Interests Above All Else’.”

Kovalainen Leads DUNLOP’s Italian Rally Championship Campaign

DUNLOP has entered the Italian Rally Championship this season with former Formula 1 driver Heikki Kovalainen at the wheel. Backed by parent company Sumitomo Rubber Industries, Kovalainen competes alongside his longstanding co-driver Patric Öhman for Gino Scuderia in a Citroën C3 Rally2 fitted with DUNLOP DIREZZA 201R and 301R racing tyres.

DUNLOP’s involvement in the championship forms a key part of its global motorsport strategy, offering ideal conditions for tyre development under real-world competitive pressure. The variety of asphalt surfaces encountered provides valuable data on performance, durability and vehicle dynamics, helping transfer insights into future road tyre advancements. Kovalainen, drawing on extensive experience from Formula 1 and international rallying, has been closely involved in high-performance tyre development and will use his technical feedback to support DUNLOP’s rally tyre evolution.

As Italy’s premier rally series and one of Europe’s most demanding asphalt championships, the CIAR features seven closed-road rounds known for high speeds, technically challenging stages and extreme demands on drivers, cars and tyres. The series regularly attracts competitors from the World Rally Championship and European Rally Championship, reinforcing its reputation as a tough and respected battleground.

With two rounds completed, the season began in Tuscany in March with a 12th-place finish. A mechanical issue ended their challenge in Sicily on 14–16 May, but the duo returns to contest the championship on 4–6 June in Verona, followed by events in Rome, Alba and Cassino before the finale in Sanremo. The programme strengthens DUNLOP’s European motorsport presence and boosts brand visibility, underscoring its ambition to combine technological progress with top-level sporting performance.

CarbonX And ElevenEs Extend LFP Battery Partnership Into 2026

CarbonX And ElevenEs Extend LFP Battery Partnership Into 2026

CarbonX has extended its strategic partnership with European LFP battery manufacturer ElevenEs into 2026. The new phase transitions from initial material validation to advanced industrial-scale testing, aiming to strengthen the local supply chain for LFP batteries across Europe.

As the only LFP Edge cell producer in Europe, ElevenEs supports the regional ecosystem by offering its EdgeLabs R&D infrastructure. This platform integrates CarbonX’s carbon-based anode material into full-scale prismatic LFP blade-type cells, where rigorous benchmarking against global standards validates performance, lifespan and safety.

By providing specialised services, ElevenEs acts as an industrial catalyst for CarbonX, helping the Dutch material innovator move from laboratory to market-ready applications. The cooperation is designed to result in a conditional offtake arrangement upon the successful achievement of technical milestones.

Nemanja Mikać, CEO, ElevenEs, said, “Our continued partnership with CarbonX demonstrates how ElevenEs acts as an industrial engine for the European battery ecosystem. We don’t just validate materials; we provide the manufacturing excellence and R&D infrastructure necessary to scale promising European technologies. ElevenEs experts team actively supports suppliers to build a resilient, energy-independent supply chain for the future.”

Rutger van Raalten, CEO, CarbonX, said, “Signing this agreement with ElevenEs marks a significant step forward for CarbonX and reinforces our shared commitment to building a resilient, sustainable battery materials ecosystem. Beyond strengthening our supply chain, this partnership contributes directly to Europe’s strategic ambition for energy independence, accelerating the transition to locally sourced, low carbon critical materials.”

Liberty Tire Recycling Releases 2025 Sustainability And Inaugural Climate Risk Reports

Liberty Tire Recycling Releases 2025 Sustainability And Inaugural Climate Risk Reports

Liberty Tire Recycling has unveiled two major corporate documents detailing its 2025 environmental and risk management strategies. For the first time, a Climate Risk & Resilience Report aligned with international financial disclosure standards accompanies its annual sustainability findings. These publications collectively highlight how the firm’s green initiatives support both circular economy goals and lasting financial health.

Operational data from the past year shows significant efficiency gains. By tightening energy and fuel oversight, the company cut location-based Scope 2 pollution by six percent and market-based emissions by 10 percent, while energy intensity improved eight percent. Across 219 million scrap tyres, an 81 percent reuse rate was maintained. Outside auditors awarded an EcoVadis Bronze rating, placing Liberty among the top third of assessed firms, and a Recircle Award celebrated its circular innovation.

Workplace safety and community investment also saw notable progress. Employee turnover fell nine percent relative to previous figures, and lost‑time injury rates dropped 11 percent. Charitable contributions exceeded USD 216,000. The new climate resilience document explains how environmental risks are factored into daily operations and long‑range planning, reinforcing the connection between responsible practices and corporate durability.

Thomas Womble, CEO, Liberty Tire Recycling, said, "At Liberty, sustainability is core to our operations and how we show up for our partners and communities. We’re proud of the progress reflected in this report and grateful to our employees whose dedication makes it possible. We remain focused on continuing to drive progress through continued collaborative efforts with the manufacturers and retailers."

Amy Brackin, Senior Vice President – Sustainability, Liberty Tire Recycling, said, "We have said from day one – putting sustainability at the core of our operations would produce better results for the environment and our business. This year’s report continues to demonstrate that Liberty is a leader in both the tyre recycling industry and the sustainability sector more broadly."

MRF Net Profit Rises 30% As Tyre Maker Crosses INR 300 bln Sales Milestone

MRF Net Profit Rises 30% As Tyre Maker Crosses INR 300 bln Sales Milestone

India’s largest tyre maker MRF reported an 11 percent rise in consolidated revenue for the financial year ended March 31, 2026, supported by growth in replacement and original equipment demand.

MRF said consolidated total income increased to INR 316.54 billion from INR 285.70 billion a year earlier. Profit before tax rose to INR 32.22 billion from INR 24.83 billion, while net profit climbed 30 per cent to INR 24.26 billion from INR 18.73 billion in the previous financial year.

The Chennai-based company said it crossed INR 300 billion in annual sales during FY2025-26, helped by growth across both replacement and original equipment segments.

MRF said performance during the year was supported by the launch of new stock keeping units across truck, passenger vehicle and two-wheeler categories. The company added that it had strengthened its position as a supplier to electric vehicle manufacturers and its tyres were increasingly being fitted on vehicles exported by original equipment manufacturers to overseas markets.

The company said demand remained buoyant in the fourth quarter following the reduction in GST rates, benefiting both replacement and original equipment sales. It also said higher vehicle production by manufacturers had increased demand for tyres.

MRF said it was expanding capacity across plants to meet expected future demand from replacement, original equipment and export markets.

The company warned that conflict in the Middle East and related disruptions had driven higher raw material costs and created supply chain pressures. MRF said it had implemented price increases and cost-control measures to offset the impact and indicated that further price rises could follow.

MRF also said the forecast of a sub-normal monsoon could adversely affect demand and added that it was evaluating the potential impact of economic uncertainty and margin pressure on growth.