At the end of the day, the most decisive reason for innovation is that on the one hand the customer wants the best in the shortest amount of time and for the lowest price, and on the other hand the manufacturer wants to deliver the equipment as expected while making a profit. Everyone's inputs grow, and we all expect lower outputs. Both parties have fundamentally one thing in common: they want a line with the best parameters and at a good price. For one, it is budget and for the other, profit.
The path is the goal.
A well-prepared journey will help accomplish the goal. The path begins in the preparation and pricing of the project, in the communication of both parties. In modularity, in unification and standardisation. Also, in the use of the right CAD software, PLM system, linking the standing documentation with electrical documentation, with pneumatic documentation, and with hydraulic diagrams. The interconnectedness of PLM, PDM, CRM and ERP is is a necessary basis for success.
But even in this area, there is no need to go into everything headless and at once. Choosing a path is about carefully considering all the steps in assembling an imaginary puzzle. The trajectory in the imaginary pyramid of success does not have to be universal. It must be clearly defined, measurable and strategically defined and based on the vision of advancing society.
Customising incremental sections of a path creates a standard.
There is a lot of talk about I4.0 at the moment and it is being applied a lot. But are we doing it right? Are we following the right procedure?
It is not enough to deploy smart components and collect data from the line, create trends and statistics. Adding a number of sensors to have an almost perfect overview of what is happening on the line, increasing the level of automation and many marketing messages. Yes, marketing is also needed, but with a clear head, because otherwise it will cost us a lot and it will be disproportionate to the amount invested. Alternatively, the return on investment will be long and uninteresting.
FoIA, our company, significantly presents, holds, and understands areas of I4.0. However, it can also apply it correctly. Apply it so that it meets mutual expectations and ensure return on investment.
At the same time, company FoIA learns how to correctly apply the principles of I5.0. How not to create waste neither solid nor social nor urban nor waste from the process. This topic has its author, it is a new concept with fundamental principles so that with I4.0 we do not forget what we produce.
Innovation
As I mentioned, manufacturers of lines and equipment for the rubber industry are under pressure from customers, investors, the industry in which they operate. They are under pressure from new expectations and trends. The effect of this is that, in principle, the production system of semi-finished products for the production of car tyres has not fundamentally changed in recent years. I am not talking about the materials used. I have been working in this industry for 19 years, moving from mechanical design, electrical construction, project management to managerial functions and up to the level of CTO.
I have seen several devices around the world from reputable manufacturers and during my 19 years of experience, as a FoIA representative, I can thoroughly assess that the Tyre Technology Production line has a very conservative approach to new technologies and to changing the principle of thinking.
This is despite the fact that we are inspired by the industries ahead and around us, which are in the context of a huge trend in robotics and automation from other industries much further.
Finding a few trends in production facilities or smart factories or being proud that “we have put a robot on the line” will not make us an innovator.
When creating lines, experience, references and working applications often play a role, and many other aspects that we do not like to interfere with, we are glad that they exist, that it is possible to rely on them.
As manufacturers of machinery and equipment, in addition to our technical knowledge, we must also involve our imagination for non-traditional solutions and the ability to listen to the needs of the end customer.
It is also necessary to take into account the qualitative indicators of the customer. Such as the rolling resistance coefficient of a tyre or the unevenness of tyre wear. Negative parameters can be removed by the concept and functionality of the production line for semi-finished products. It is not correct if only one side deals with the problem of the common product (tyre).
Innovation is evolution.
The advantage of FoIA is an unbiased but experienced view of current solutions, the current process of creating documentation, the current thinking in creating the concept of the production line. The path is different in thinking, in the way of properly investing time in new solutions, effective deployment of R&D capabilities on a strategic path to achieve the goal.
Changing not only the product but also the product creation process. These two parallel branches are so tied that they both must go together like two skis. If one dodges without the other, you will fall. If they go together, they go together safely, correctly, and quickly.
The strategic principle will bring the benefits you expect.
If, as a manufacturer of production lines and equipment, the costs of creating new lines are constantly rising and you are proud of I4.0, innovation, automation and robotics, I dare to say that you do not have the right strategy.
If you, as a manufacturer of car tyres, have increasing cost of purchasing new lines and increasing financial return from them, increasing cost of operation and maintenance, then you do not have the right strategy.
We at FoIA strive to change the way of thinking, to firmly tie the process to products, to apply new trends and to create innovations so that the development of both parties is sustainable and brings the expected effect.
FolA is open to cooperation with machine and equipment manufacturers as well as tyre manufacturers. We can find the right path to the goal that we can determine together. Our job is to find a solution to your company’s product or process problem.
Every cause has a consequence, and every shortcoming has room for innovation.
It is necessary for us to bring new solutions, new technologies and not be afraid to apply and test them. (TT)
PS: After all, even such a multi extruders line is "only" a multi 3D printer…
Eurogrip Tyres Displays Premium Two-Wheeler Tyres At F2R Expo
- By TT News
- May 16, 2025

Eurogrip Tyres, the leading tyre manufacturer in India, showcased its premium two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition held at Plaza Mayor, Medellin, Colombia. The dates of this high-profile business event in South America's two-wheeler sector are 15–18 May 2025.
For more than 17 years, the Feria de las 2 Ruedas (F2R) has been the leading motorcycle industry event in Latin America. The expo, which takes place every year in Medellín, Colombia, is a vibrant venue for commerce, innovation and growth in the motorcycling sector. Additionally, it gives aficionados the chance to investigate the most recent developments and trends in the industry. The company showcased its premium lineup at exhibit N24 in the Tented Pavillion, which included a range of sport touring, off-road and trail tyres. High-performance versions including the Roadhound, Protorq Extreme, Trailhound STR, Climber, Bee Connect, Terrabite DB+ and Badhshah LX were on display.
P Madhavan, Executive Vice-President – Marketing & Sales, TVS Srichakra Ltd, said, “Eurogrip is focused to deliver innovative products for the global markets. Latin America is a priority market for us, and F2R Expo is a promising platform to engage with our target audience. We are looking forward to interesting business opportunities arising from this expo. Such specialised industry tradeshows add exceptional value to our quest in becoming a leading global tyre brand delivering world class tyre technology.”
Denka Records USD 108 Mln Impairment Loss, Halts US Chloroprene Rubber Production
- By TT News
- May 16, 2025

Denka Company Limited announced it would record an extraordinary loss of approximately 16.1 billion yen (£85.8 million) as an impairment on manufacturing facilities at its US subsidiary. It will indefinitely suspend chloroprene rubber production at the Louisiana plant.
The Japanese chemical manufacturer, which holds a 70 percent stake in Denka Performance Elastomer LLC (DPE), cited mounting operational challenges, including unexpectedly high costs for pollution control equipment and declining production volumes at the American facility.
“DPE has faced significant cost, production and other challenges at its facility in the United States,” the company said in a statement. “Rising costs are attributable to, among other factors, identification, design, purchase, installation, and operation of pollution control equipment to reduce chloroprene emissions that DPE did not anticipate being required when it acquired the facility from E.I. DuPont de Nemours and Company.”
The subsidiary was established in December 2014 and acquired the chloroprene rubber business from DuPont in November 2015. The Louisiana facility was intended to serve as a second manufacturing site in North America, complementing Denka’s Omi Plant in Itoigawa, Niigata, Japan.
However, according to the company statement, DPE has struggled with multiple operational issues, including “rising energy costs and a shortage of qualified staff necessary to operate new pollution control equipment and implement other emission reduction measures. “
Production volumes have declined partly due to “operational restrictions arising from the pollution reduction measures and unscheduled plant outages associated with supply chain disruptions and severe weather events,” Denka said.
The company noted that these challenges, combined with changes in the global economic environment for chloroprene rubber, have pressured profitability, making near-term improvement difficult.
Denka confirmed that DPE employs 250 people as of December 2024 and will not restart its chloroprene rubber manufacturing facilities following a regular maintenance shutdown. Instead, “all options for the business, including a potential sale of the business or its assets, will be considered,” the statement said.
The company emphasised that “no decision regarding a permanent closure of the facility has been made at this time.”
Customers will continue to be supplied from current inventories and production at the company’s Omi Plant in Japan.
DPE is 70 percent owned by Denka USA LLC, a wholly owned subsidiary of Denka Company Limited, and 30 percent by Diana Elastomers, Inc., a subsidiary of Mitsui & Co., Ltd.
Yokohama Rubber Posts Sharp Profit Drop Despite Revenue Growth in Q1
- By TT News
- May 16, 2025

Yokohama Rubber reported a 56.9 percent year-on-year decline in profit attributable to owners for the first quarter of 2025, despite posting a 9.0 percent increase in sales revenue.
The Japanese tyre maker recorded a profit of 8.53 billion yen for the three months ended 31 March, down from 19.8 billion yen in the same period last year. Business profit fell 3.2 percent to 24.07 billion yen, while sales revenue rose to 275.12 billion yen.
The company maintained its full-year forecast, projecting an 11.4 percent increase in sales revenue to 1.22 trillion yen and an 8.8 percent rise in profit to 81.5 billion yen for the fiscal year ending 31 December 2025.
Yokohama Rubber attributed the profit decline to one-time costs related to its February acquisition of Goodyear’s off-the-road (OTR) tyre business, which it purchased for approximately 143 billion yen.
“Profit from existing businesses was strong,” the company said in its earnings statement. “In addition to increased sales volume for the company’s consumer tyres, mainly in overseas markets, and continued expansion of sales of high-value-added ADVAN, GEOLANDAR, and Winter tyres as well as high-inch tyres, profit was boosted by the MB segment’s MIX improvements and structural reforms.”
The tyre segment, which accounts for 91percent of the group’s consolidated sales revenue, saw a 10.4 percent increase in sales to 250.32 billion yen. Original equipment tyre sales were higher year-on-year, driven by “strong sales in Japan of vehicle models equipped with YOKOHAMA tyres and expansion of shipments for Chinese automakers’ new energy vehicles,” the company said.
Replacement tyre sales also increased, supported by higher sales of summer and winter tyres in Japan, increased sales of high-inch tyres in Europe, and stepped-up sales efforts in Asia.
The MB (Multiple Businesses) segment, which represents 8.4 percent of total sales, experienced a 3.2 percent revenue decline to 23.02 billion yen. This was attributed to lower demand from construction machinery makers in Japan and automakers in North America.
The company described an “upbeat” business sentiment in Japan for the quarter, noting that “a steady recovery in inbound demand and increasing orders for construction and logistics projects compensated for weak consumption by domestic households curbing spending in response to rising prices of consumer goods.”
Overseas, the company observed rising inflation concerns weighing on consumer spending in the United States, while in Europe, “manufacturing industries are rebounding and corporate business sentiment is improving.” In China, personal consumption was boosted by the Spring Festival holiday, but high US tariffs “reduced China’s exports and created uncertainty about the future that is weakening industrial activity.”
Nynas Delivers Robust 2024 Performance, Outlines Strategy Through 2035
- By TT News
- May 16, 2025

Swedish speciality chemicals firm Nynas reported solid financial results for 2024, posting an Adjusted EBITDA of 1,333 million Swedish kronor, marginally higher than the 1,316 million kronor recorded in 2023.
The company, which specialises in naphthenic speciality oils and bitumen products, attributed its performance to operational efficiency and commercial success in its niche markets.
“We are delighted with the progress made during 2024, evidencing our right-sized cost base and a more targeted commercial and manufacturing footprint. We have redefined our strategic direction, positioning Nynas as a speciality chemicals company, enabling the energy transition and setting our course for 2035,” Nynas CEO Eric Gosse said in a statement.
The firm highlighted strong cash generation from operations, which it said would support planned investments and longer-term growth initiatives. Nynas also mentioned the ongoing transformation of its Harburg site with plans to monetise the asset eventually.
All three of the company’s production facilities maintained high operational reliability between 95 percent and 99 percent. The Nynäshamn refinery achieved a notable milestone: in May 2024, it set a new monthly production record for naphthenic speciality oils at 42,000 tonnes.
Strategic pivot towards sustainability
Nynas outlined a strategic shift focused on higher-margin speciality materials with sustainable characteristics. The company aims to strengthen its position in European markets through innovation and sustainability initiatives.
“Nynas is uniquely positioned to contribute to the energy transition. Our strategy reflects our purpose to advance a more sustainable society, and our product development pipeline is fully aligned with this goal," Gosse added.
In 2024, the company received an EcoVadis Gold rating, placing it in the top 5 percent of globally rated businesses for sustainability performance.
With consecutive years of strong financial performance, Nynas indicated it continues to monitor debt capital markets to optimise its capital structure “at the appropriate time potentially”.
The Swedish chemicals producer noted that, having ceased operations in the United States in 2022, it remains largely insulated from recent global trade tensions surrounding US import tariffs. The company imports only minimal feedstock from America, shielding it from potential cross-border trade disputes.
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