Indian off-highway tyre maker maintains top supplier status in global recognition programme

Balkrishna Industries Ltd (BKT), one of the world’s leading off-highway tyre manufacturers, has secured the “Excellence Level” certification for the fourth consecutive year under Caterpillar’s Supplier Excellence Recognition (SER) programme, the Indian company said on Wednesday.

The recognition from the American heavy machinery giant underscores BKT’s sustained performance across quality metrics and delivery standards, reinforcing its position as a key supplier in the construction and mining equipment sector.

BKT’s partnership with Caterpillar dates back to 2015, when it began supplying tyres for the Indian market. The relationship has since expanded, with BKT now providing off-highway tyres for Caterpillar equipment ranging from 40 to 190 tonnes across various markets.

The Mumbai-based company’s certification journey began in 2017 with a Silver Level rating, followed by progressive improvements to Gold and Platinum levels before achieving the Excellence distinction in 2022.

Caterpillar’s SER programme evaluates suppliers across multiple criteria, including product quality, on-time delivery performance, technical support capabilities and operational feedback from field deployments.

“We are truly honoured to receive the Caterpillar Excellence Supplier Award. This recognition reflects our unwavering commitment to quality, innovation, and customer satisfaction,” said Ludovic Revel, President Global OEM at BKT. “It is a testament to the dedication of our entire team and the long-standing business relationship with Caterpillar.”

The Excellence Level represents the highest tier in Caterpillar’s supplier assessment framework, reserved for partners demonstrating consistent performance and reliability across operational metrics.

BKT has distinguished itself through comprehensive customer support, including proactive communication channels and technical on-site assistance, according to the company statement.

“We are proud to share our global ambitions: to deliver excellence, sustainability, and performance at every corner of the world. We look forward to carrying on our support for Caterpillar’s success with the same passion and reliability that distinguish BKT Tyres,” Revel added.

The recognition comes as global demand for construction and mining equipment remains robust, driven by infrastructure development and commodity extraction activities worldwide.

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Nokian Tyres has named Timo Koponen as its incoming Chief Financial Officer and a member of the Management team. He is scheduled to assume the role by 15 April 2026 and will report directly to President and CEO Paolo Pompei. The company’s interim CFO, Jari Huuhtanen, who serves as VP of Group Business Control, will continue in that capacity until Koponen officially begins.

Koponen brings extensive financial and executive experience to Nokian Tyres, most recently serving as the CFO and a member of the Leadership Team at Normet, a prominent global provider of mining and tunnelling technology. His professional background includes a series of senior roles in finance and business leadership across several industrial corporations. Before his tenure at Normet, he held significant positions at Lamor Corporation, Wärtsilä, Hackman and Konecranes.

Koponen holds degrees in Master of Science in Economics and Business Administration. His appointment is part of Nokian Tyres' strategic leadership planning, ensuring a structured transition in its financial leadership.

Paolo Pompei, President and CEO, Nokian Tyres, said, “I am pleased to welcome Timo Koponen to Nokian Tyres. His extensive experience in finance and operations within publicly listed companies, combined with his leadership in international business and major transformations, will be a valuable asset as we move into the next stages of our development. I also want to express my sincere gratitude to Jari Huuhtanen for his outstanding contribution as interim CFO and his role as a strong partner in our transformation. I look forward to continuing our journey together with Jari as a key leader within Timo’s team.”

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Magna Tyres Group has appointed Ruud Leijtens as the new Sales Manager for Scandinavia. In this position, he will dedicate his efforts to expanding the company's network across the Scandinavian region.

Leijtens will focus on building strong partnerships with customers and creating new opportunities for the brand. The company considers his experience and energy a valuable addition to the team and looks forward to strengthening its commercial activities in Scandinavia with him on board to achieve its strategic goals for the market.

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The Indian Rubber Institute (IRI), a non-profit professional body focussing on the tyre and rubber industry, has officially announced its flagship biennial conference, ‘IRI-CON’26’. IRI Gujarat and Rajasthan Branch have jointly organised the event. 

Scheduled to take place on 30th and 31st January 2026 at the Hotel Sayaji in Vadodara, Gujarat, the event serves as a critical junction for technocrats, researchers, and industry leaders to navigate the sector's rapidly evolving technological and sustainability priorities.

The choice of Vadodara as the host city underscores Gujarat’s status as a formidable powerhouse for elastomers and rubber manufacturing. The region serves as a strategic base for global and domestic tyre giants, including Apollo Tyres, CEAT, BKT, MRF and JK Tyre & Industries, while hosting a robust network of suppliers specialising in carbon black, silica, textiles and rubber chemicals. 

IRI-CON' 26' is supported by Ravi Enterprises, Kobelco Industrial Machinery India, Panama Petrochem, Pukhraj Additives and Beakert Industries as Platinum sponsors. Rajsha Chemicals, Madhu Silica, Balkrishna Industries and Madura Industrial Textiles are the Gold sponsors. On the other hand, Singh Plasticisers and Resins, Raj Petro Specialties, Nynas Napthenics, OCCL, 20 Micros, Sampann Utpadan India, ISRPL, Polyplas Global, Aksharchem India, Rubber King Tyre and Northwest Group are Silver Sponsors.

Lanxess India, Witnmans Industries, Epsilon Holdings, Kuraray India, Rubamin, Tinna Rubber and Infrastructure, Chem-Trend Chemicals, Dawsun Exim Corp, JK Tyre & Industries, Galaxy Chem & Machiner, Gujarat Bondchem and Silox India are the Bronze sponsors.

Lastly, MLA Industries, FINORCHEM, Tata Chemicals, Reliance Industries and DCM Shriram Chemicals are the Supporter for the event.

Against this backdrop, the conference theme – ‘Unlocking the Potential of Sustainable Developments in Rubber and Allied Industries’ – reflects an urgent industry-wide commitment to resource efficiency, circular economy principles and responsible manufacturing.

High-Profile Inauguration and Strategic Vision

The conference will commence with a high-powered inaugural session dedicated to global trends and strategic updates. This session features a line-up of some of the most influential figures in the Indian rubber ecosystem. Dr Sujith Nair, Chairman, IRI Gujarat and VP R&D, CEAT, will deliver the welcome speech.

V K Misra, Chairman of IRI and representative of JK Tyres & Industries, will open the proceedings with a vision for the institute’s role in future-proofing the industry. He will be joined by Vasantagesan, IRS, Executive Director of the Rubber Board and Dr R Mukhopadhyay, who will provide a comprehensive overview of global sustainability trends.

Further technical leadership will be provided by Renji Issac, Chairman of ITTAC and representative of CEAT and P K Mohamed, Emeritus Chairman of IRI. The academic foundation of the event is bolstered by the presence of Prof. Dr Kinshuk Naskar from IIT Kharagpur – the institute's long-term partner for technical certification – and Prof. Dr Sabu Thomas of MG University, ensuring a seamless bridge between cutting-edge research and industrial application.

Innovations in Green Chemistry and Circularity

The event will also dive deep into technical breakthroughs that are reshaping the tyre value chain. A significant focus will be placed on ‘Green Tyres’ and the reduction of environmental footprints. Key presentations will feature Bekaert Industries discussing advanced cord solutions for weight reduction, and CEAT showcasing the CIRCL90, a sustainable passenger car tyre.

The shift toward a circular economy is a recurring theme throughout the technical sessions. Epsilon Carbon and Rathi Group India (Capital Carbon) will present on the integration of recovered carbon black (rCB) and the importance of ASTM standards in ensuring market momentum for recycled materials. Meanwhile, Brisil Green Silica and Tata Chemicals are set to discuss the revolutionary transition of producing sustainable silica from agricultural waste, a move that highlights the industry's move away from traditional, energy-intensive sourcing.

A Collaborative Ecosystem

The conference serves as a global stage for a diverse array of companies, including Arlanxeo India, which will present eco-friendly elastomer solutions and Finorchem, focusing on enhancing compound performance through phenolic resin-silica coupling. Other notable participants include LANXESS, TUV Rheinland and TTRC, covering everything from bio-based additives to water-based vulcanising cements and rigorous certification standards.

As regulatory pressures and environmental expectations continue to intensify, IRI-CON’26 stands as a timely and vital forum. By aligning manufacturers, R&D specialists, and academia, the event is positioned to chart a sustainable growth pathway for India’s tyre and rubber ecosystem, ensuring it remains competitive on the global stage while meeting the highest standards of environmental stewardship.

The event will also celebrate the next generation of industry talent with a Best Student Presentation Award Ceremony on the final day.

All-in-all the event is a must-attend for industry professionals, R&D specialists and academics in the tyre and rubber industry. To register click here

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As 2026 begins, Fornnax enters a decisive phase of its growth, seeking to scale its operations globally after years of investment in engineering, innovation and sustainable recycling.

“Our 2026 strategy is driven by four key priorities,” said Jignesh Kundaria, Director and Chief Executive of Fornnax.

The first priority is global expansion. The company plans to strengthen its presence in Europe, Australia and the Gulf Cooperation Council, while continuing to grow in existing markets. By aligning closely with local regulations and customer requirements, Fornnax aims to position itself as a long-term partner for advanced recycling solutions.

A central milestone will be export-led global installations. In 2026, the company plans to commission Europe’s highest-capacity shredding line, a project intended to reinforce its focus on high-capacity recycling systems.

The second priority is product innovation and technology leadership. Innovation, the company says, underpins its ambition to become a global leader in recycling technology by 2030. The focus remains on solutions that are efficient, reliable and environmentally responsible.

Building on more than a decade in tyre recycling, Fornnax has expanded into additional applications including municipal solid waste, e-waste, cable and aluminium recycling. Several large projects are scheduled to become operational this year, including the installation of India’s largest e-waste and cable recycling line and the commissioning of a high-capacity municipal solid waste RDF recycling line.

“Sustainable growth must be scalable and profitable,” Kundaria said. In 2026, Fornnax expects to complete phase one of its capacity expansion with the establishment of what it describes as the world’s largest shredding equipment manufacturing facility. The 23-acre site is scheduled for completion in July 2026 and is intended to expand production capacity and support global deliveries.

Alongside manufacturing expansion, the company plans further efficiency gains across its supply chain and service operations, while strengthening its service network in India, Australia and Europe to improve response times and customer support.

The final priority is people and culture. “People remain the foundation of Fornnax’s success. We will continue to invest in talent, leadership development, and a culture built on ownership, collaboration, and continuous improvement,” Kundaria said.

With sustainability positioned as a core principle, the company says its objective is to grow while supporting the circular economy and contributing to a cleaner future. Management describes 2026 as a defining year, shaped by global installations, diversified recycling applications and manufacturing expansion.

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