Continental’s Mount Vernon Tyre Plant Earns ISCC PLUS Certification
- By TT News
- December 10, 2025
Continental’s Mount Vernon, Illinois, tyre facility has achieved a significant corporate milestone by becoming the company’s first US location to attain ISCC PLUS certification. This globally acknowledged standard verifies the transparent tracing and documented use of recycled and renewable feedstocks in manufacturing. The achievement aligns with Continental’s broader goal of incorporating at least 40 percent sustainable materials in its tyres by 2030, reinforcing its dedication to sustainable mobility in the American market.
This certification follows similar accomplishments across Continental’s European tyre plants and its facility in Hefei, China, underscoring a worldwide strategy. The Mount Vernon site itself has a long manufacturing history, having operated for over five decades. Originally opened in 1974 and acquired by Continental in 1987, the plant now produces tyres for passenger vehicles, light trucks and commercial vehicles. With an annual output of roughly 11.4 million tyres, the 320,000-square-metre location employs nearly 3,900 people.
Central to this material transition is the mass balance approach, a chain-of-custody method that allows certified sustainable materials to be mixed with conventional ones in production while being tracked through meticulous accounting. This system enables Continental to precisely attribute specific quantities of alternative raw
Nik Pearce, Head of the Continental tyre plant in Mount Vernon, Illinois, said, “We are very pleased that our plant has received ISCC PLUS certification. This certification confirms our commitment to increasingly sustainable production processes and recognises the outstanding efforts of our entire team. Together, we are implementing Continental’s global sustainability strategy at the local level – transparently, responsibly and with a clear focus on the future.”
Jorge Almeida, Head of Sustainability, Continental Tires, said, “We rely on transparent and traceable supply chains. That’s a fundamental prerequisite for making our tyres increasingly sustainable. The certification of our largest US plant marks another important step in this direction. It enables us to integrate more sustainable materials into our product portfolio in every region where we operate.”
Epsilon Carbon Appoints Munish Kumar Rathi As President And Business Head For Carbon Black
- By TT News
- May 29, 2026
Epsilon Carbon Pvt. Ltd. has announced the appointment of Munish Kumar Rathi as its new President and Business Head for Carbon Black.
With more than 25 years of extensive global leadership experience, Rathi brings a strong background in profit and loss management, multi-site manufacturing leadership, strategic planning and business transformation. His career is marked by a demonstrated ability to drive operational excellence and foster sustainable growth across various international markets.
The company is anticipating that his leadership will play a key role as Epsilon Carbon continues to expand its global footprint and accelerate innovation within the carbon black business segment. The organisation has formally welcomed Rathi to the team, expressing confidence in his capacity to guide future strategic initiatives. This move underscores Epsilon Carbon’s commitment to strengthening its leadership team in pursuit of long-term global competitiveness.
TVS Srichakra Approves INR 2.2 billion Capacity Expansion For Madurai plants
- By Sharad Matade
- May 28, 2026
TVS Srichakra has approved capital investment of up to INR 2.2 billion to expand production capacity at its manufacturing facilities in Vellaripatti, Madurai.
The expansion will cover the company’s two-wheeler tyre and off-highway tyre plants, with investment of up to INR 1.1 billion allocated to each facility.
TVS Srichakra said the two-wheeler tyre plant currently has capacity of about 21 million to 23.5 million tyres a year and operates at utilisation levels of around 80 to 85 percent. The company plans to add about 5 percent capacity, with completion targeted in the first half of FY2028-29.
The off-highway tyre plant has existing capacity of about 75 to 85 metric tonnes a year and operates at utilisation levels of 75 to 80 percent. TVS Srichakra plans to increase capacity at the plant by about 25 percent, with the addition scheduled for the first half of FY2027-28.
The company said the investment would be financed through a combination of internal accruals and debt.
TVS Srichakra said the expansion is intended to meet growing demand for its two- and three-wheeler tyres and off-highway tyre products.
JK Tyre Reports Record FY26 Revenue of INR 163.84 Bln, Q4 PAT Jumps 94%
- By TT News
- May 27, 2026
JK Tyre & Industries reported record consolidated revenue of INR 163.84 billion for FY26, registering an 11 percent year-on-year increase, supported by strong domestic demand and volume growth across key tyre segments.
The company’s consolidated EBITDA rose 25 percent to INR 20.89 billion, with EBITDA margin improving to 12.8 percent.
Profit before tax increased 46 percent to INR 10.43 billion, while profit after tax climbed 52 percent to INR 8.60 billion during FY26.
For the fourth quarter, consolidated revenue rose 12 percent year-on-year to INR 42.33 billion.
Quarterly EBITDA surged 42 percent to INR 5.46 billion, with margin at 12.9 percent, while Q4 PAT nearly doubled, rising 94 percent to INR 1.99 billion.
Chairman and Managing Director Dr Raghupati Singhania described FY26 as a year of robust performance, highlighting record volumes in both truck and bus radial and passenger car radial categories.
Domestic sales volumes during Q4 grew 21 percent overall. Truck and bus radial replacement volumes increased 53 per cent, while OEM demand in the segment rose 23 percent. Passenger car radial replacement volumes were up 26 percent and OEM demand increased 10 percent.
The company said growth momentum was expected to continue into FY27, supported by new vehicle launches, infrastructure development and sustained replacement demand.
JK Tyre also highlighted strong traction in electric mobility. More than 70 per cent of electric buses operating in India currently run on its tyres, while the company supplies EV tyres to nearly eight two-wheeler OEMs and has secured orders for electric passenger vehicle models including Renault Duster EV, Hyundai Creta EV and Tata Motors’ Nexon and Punch EV variants.
Its Mexico business, operated through JK Tornel, contributed nearly 20 per cent of consolidated revenue and is expected to maintain growth across Mexican, Latin American and US markets.
- David Cichocki
- Anne Forristall Luke
- The Goodyear Tire & Rubber Company
- U.S. Tire Manufacturers Association
Goodyear Executive David Cichocki Elected to USTMA Board
- By TT News
- May 21, 2026
The U.S. Tire Manufacturers Association (USTMA) has elected David Cichocki, Managing Director, Americas, and chief sales officer, Americas Consumer, at The Goodyear Tire & Rubber Company, to its board of directors.
“I’m pleased to welcome David to our Board. His extensive experience and expertise across the tire and consumer goods industries will be invaluable as we navigate today’s complex industry,” said Anne Forristall Luke, USTMA president and chief executive. “His proven leadership will strengthen our ability to seize emerging opportunities.”
Cichocki joined Goodyear in early 2026 and is responsible for overseeing the Americas region and leading the company’s Americas Consumer sales business.
He brings more than 30 years of leadership experience across industrial and consumer goods companies to the USTMA board.
Before joining Goodyear, Cichocki served as senior vice-president of US sales at Whirlpool, where he managed a portfolio valued at more than $10bn across retail and direct-to-consumer channels.
He also spent more than 20 years at Kraft Foods and Nabisco in a range of senior leadership roles.


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