The global tyre recycling sector currently navigates a volatile landscape where geo-political instability and logistical bottlenecks intersect with a surging demand for circular economy solutions. While conflict-driven shifts in raw material flows present procurement challenges, they simultaneously offer Indian recyclers a strategic opening to diversify sourcing from high-compliance markets like US and Europe. Despite rising operational costs, the industry’s pivot towards sustainable, high-quality outputs, supported by rigorous international certifications, remains a vital driver for India’s manufacturing and infrastructure resilience.

The global tyre recycling industry is currently witnessing a mix of disruption and opportunity, shaped by geo-political tensions, logistics constraints and evolving sustainability expectations. The ongoing conflict involving the Middle East, along with United States and Israel, is influencing raw material flows in a significant way.

“The Middle East is a big part where the raw material generation is quite high, which gives a better boost to the Indian industry with regards to the import of base tyres,” said General Manager for Cross Border Procurement and Supply Chain at Dashmesh Group, Vijay Rana.

At the same time, global metal availability remains high, creating a complex supply environment.

“So this is a very challenging time and we can say it is also an opportunity for Indian companies to explore new markets where they can secure more materials,” added Rana.

Key alternative sourcing regions include United States, Australia, Europe and United Kingdom, where scrap availability remains strong. However, these markets come with strict compliance requirements.

“In those countries, there are certain norms which have real importance to comply with. If the importer is compliant, then it is not a problem. In many cases, the importer is also the manufacturer and actual user of the raw material,” he explained.

Logistics continues to play a decisive role in the industry’s performance.

“Shipping lines and water transport contribute nearly 80 percent of import-export trade, while only about 20 percent depends on air freight,” said Rana.

Rising energy costs and geo-political uncertainties are driving up operational expenses.

“This is giving the cost on the higher side, which is making the Indian industry a little slow in giving its best contribution to the economy,” he noted.

STRONG CIRCULAR PUSH

Despite these pressures, tyre recycling remains a critical segment within India’s circular economy.

“This waste tyre recycling segment is a big segment in India, giving its best contribution to the circular economy,” Rana said.

The sector supports multiple product streams including rubber granules, tyre-derived oil and related outputs.

Certifications also play a vital role in accessing international markets, particularly in Europe. "In European countries, REACH compliance and certifications are very important because people give more importance to the environment as well as human safety,” he explained.

With required certifications in place, exports are not significantly constrained.

“We have all the certifications in hand, and based on that, we do not have any challenge exporting our products to those countries,” Rana added.

Dashmesh Group has built a strong legacy in the rubber recycling industry since its founding in 2005. From its beginnings as a tyre trader to the establishment of major facilities in Gujarat, the group has scaled its production capacity significantly. Today, it is one of the leaders in sustainable manufacturing, operating with a zero-waste philosophy and holding different certifications like ISO, ISCC, KVQA and UKCERT.

The group specialises in producing high-quality crumb rubber, reclaimed rubber, rubber mulch, rubber granules, tyre pyrolysis oil and recovered carbon black. These REACH-compliant materials serve as vital, cost-effective resources for various Indian industries.

DOMESTIC DEMAND AND EXPORTS

India continues to be a strong domestic market for recycled tyre products.

“Presently, we are giving 95 percent of our finished product to the local market. Only five percent is exported,” said Rana.

Exports are currently routed largely through channel partners with some direct customers as well.

“We are more focused on increasing volumes in the export market,” he noted.

Dashmesh Group serves a diverse portfolio of industries across India, positioning itself as a key supplier for specialised manufacturing and development sectors. A significant portion of their operations is dedicated to supporting tyre manufacturing companies, providing the essential materials or components required for large-scale automotive production.

Beyond the automotive sector, the group plays a vital role in the industrial handling market by catering to conveyor belt manufacturers. These partnerships are crucial for the production of heavy-duty belts used in mining, logistics and factory automation.

Furthermore, it is actively involved in the nation’s growth through its collaboration with road infrastructure companies. By supplying this sector, they contribute to the essential materials and logistical support needed for the construction and maintenance of India’s expanding highway and transit networks.

“In terms of distribution of finished products, approximately 40–50 percent goes to tyre industries, around 25 percent to conveyor belting and rubber component industries and the remaining 25 percent to road infrastructure,” Rana explained.

GROWING ECOSYSTEM

Dashmesh Group operates continuous pyrolysis systems and quality remains central to the company’s positioning.

“Since the beginning, we have been more focused on quality because we have a recycled product. When we give the best quality to our customers, we can maintain them,” Rana said.

He noted that India’s position as a global tyre manufacturing hub continues to strengthen, which eventually fares well for recyclers like them.

Additionally, India’s size contributes to sustained demand. “It is a wide country, so there is a huge requirement for tyres,” Rana noted.

Sustainability also remains central to operations. “Around the globe, tyre generation is high and we are completely aligned towards sustainability,” he said.

Operational scale reflects this commitment as the company processes approximately 20,000 tonnes of tyres in a month. This contributes to resource conservation.

The company’s sourcing model focuses on direct engagement with global collectors. “Our main target is to connect with actual tyre waste collectors and processors outside the country as this ensures visibility and long-term alignment,” said Rana

“It gives clear visibility to both importers and exporters regarding who is involved and what the future planning is,” he explained.

Collection networks are decentralised as they gather waste from small locations and collection yards within their respective countries.

EXPANSION STRATEGY

Dashmesh Group is aggressively expanding its physical footprint to establish a truly nationwide presence. According to Rana, the company is strategically positioning itself in all four corners of India to better serve its growing clientele.

Currently, the group operates key facilities in the Sarigam Industrial Area in Valsad, Gujarat, and the Wada Industrial Area in Palghar, Maharashtra. It also maintains a strategic presence near the Nhava Sheva port to streamline logistics and export operations.

The company is now focusing on the next phase of its growth by moving into the southern and eastern regions of the country.

New facilities are currently under construction in Chennai and Haldia, West Bengal.

Current production capacity stands at 19,000 to 20,000 tonnes per month across all products. The upcoming expansion will significantly increase scale, as with the two new plants, it will add 200–250 containers per month, which is around 6,000–6,500 tonnes.

Total capacity projection is estimated to reach between 25,000 to 26,000 tonnes per month.

While global expansion is part of the roadmap, the immediate focus remains India.

“We see a lot of opportunities within the country and want to capture them first before going outside,” said Rana.

Beyond operations, Dashmesh Group is focusing on awareness and education.

“We are educating overseas suppliers on how to make these products more usable in daily applications. This is critical given rising waste volumes,” he explained.

He added, “The waste tyres on the planet are increasing day by day, and this needs to be controlled. The goal is clear, which is to provide the best solution and best destination for these materials.”

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Cabot Corporation has named Steve Delahunt, currently Vice President and Corporate Treasurer, to assume the Chief Financial Officer role on an interim basis starting 1 October 2026. He will hold the position while Cabot continues searching for a permanent finance chief.

The interim appointment follows the previously disclosed leadership transition in which Erica McLaughlin, Executive Vice President, Chief Financial Officer and Head of Corporate Strategy, will become President and Chief Executive Officer on the same date. McLaughlin succeeds Sean Keohane and will relinquish her CFO duties at that time.

Delahunt brings over three decades of finance and treasury experience, including nine years leading Cabot's investor relations function through January 2026. As Corporate Treasurer, he oversees global treasury operations, capital markets strategy, liquidity management, banking relationships, risk management and pension investments. He has been central to Cabot's capital allocation, financing, investor engagement and strategic growth initiatives, as well as strengthened shareholder relations during his investor relations tenure.

McLaughlin said, “Steve is a highly respected finance leader with deep knowledge of our business, strong relationships across our global organisation and a proven track record of disciplined financial leadership. As we continue executing our strategy and building on our strong financial position, Steve’s experience, judgment and understanding of our business make him exceptionally well suited to lead our finance organisation while the Company conducts its search for our next Chief Financial Officer.”

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JK Tyre & Industries Ltd has launched four new off-the-road (OTR) tyre products for construction, material handling and mining applications, as the company expands its portfolio in performance-focused segments.

The products were unveiled at BAUMA CONEXPO INDIA 2026, held at the India Expo Centre in Greater Noida, and are designed to improve durability, load-carrying capacity, traction and operational efficiency in demanding conditions.

The new range includes tyres for self-loading concrete mixers, backhoe loaders, telehandlers and mining tippers. JK Tyre said the additions are intended to meet evolving requirements across India’s construction, infrastructure and mining sectors.

Srinivasu Allaphan, Director of Sales And Marketing at JK Tyre & Industries Ltd, said: “India’s infrastructure and industrial growth is creating a growing need for high-performance, reliable and application-specific mobility solutions. At JK Tyre, we are committed to developing OTR solutions that address the specific needs of our customers and the demanding conditions in which their equipment operates. Our latest range combines durability, reliability and performance to help customers maximise equipment uptime and operational efficiency. As we continue to strengthen our premium OTR portfolio, we remain committed to delivering solutions that create value for our customers and support the growth of India’s construction, infrastructure and mining sectors.”

The company said the MPT 45 tyre pattern has been developed for traction and stability in mixed terrain, while the MPT117 range is designed for construction and material-handling operations, with a focus on grip and durability. A separate JDO XD tyre has been introduced for mining tippers, with reinforced construction aimed at resisting cuts and abrasions.

JK Tyre said the products were developed with Indian operating conditions in mind and are intended to improve machine performance and reduce operating costs in demanding applications.

The group added that the launch supports its expansion in off-the-road tyres across construction, mining and specialised industrial segments.

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Ascenso Tyres will invest USD 100 million to build manufacturing capability for large mining tyres in India, as the company seeks to expand its presence in the domestic off-the-road (OTR) segment.

The investment will support the development of all-steel radial tyre production at Ascenso’s Indian facility, including manufacturing infrastructure, product development and engineering capacity. The move comes as India’s mining sector scales up output of coal, iron ore and critical minerals, driven by government initiatives to boost domestic production.

Ascenso said the expansion would allow it to produce tyres of up to 49 inches, with larger sizes under development. The company stated that large-format mining tyres in India have historically been sourced from overseas manufacturers, with limited domestic production capability.

The group has begun deploying field application engineers across key mining regions to work directly with operators, monitoring tyre performance and feeding data into research and development.

Yogesh Mahansaria, Managing Director of Ascenso Tyres, said: “India's mining sector is scaling up like never before, and the equipment that powers it needs tyres that can match that ambition. Building this capability in India, for India as well as the rest of the world, has been central to our thinking from the start. Our US$100 million investment is about building world class radial mining tyre engineering and manufacturing capability within the country, not simply adding capacity. We want Indian mining operators to have access to global standard performance without having to look overseas for it, and we intend to compete on that performance, not on price alone.”

Dhaval Nanavati, Chief Executive of Ascenso Tyres, added: “Over the past four years, our foundation in Agriculture, Forestry and Construction taught us how important it is to stay close to customers on the ground, and that is exactly the approach we are bringing to mining. We are placing field application engineers directly in India's key mining belts, from the coalfields of Jharkhand and Odisha to the iron ore regions of Chhattisgarh and Karnataka, so that we can respond to real operating conditions as they happen. Reaching 49-inch giant mining tyres, engineered here in India, is a significant milestone, not just for Ascenso but for what Indian manufacturing is capable of in this space. We see this as the start of a long-term commitment to mining customers in India and around the world.”

The company said its radial OTR portfolio, launched in 2023, would expand through to 2027 and 2028, with additional sizes and applications across mining and earthmoving equipment.

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KraussMaffei has appointed Xinting Ren as Managing Director of its extrusion business, effective 1 September, 2026, combining the role with his existing leadership of the group’s China operations.

Ren succeeds Ralf Benack, who left the company at his own request on 31^st August , ending a tenure of about two years.

The company said the dual appointment is intended to strengthen integration between its extrusion activities and international operations.

Ren has led KraussMaffei China for the past three years, overseeing cross-technology activities in the Chinese market. Before joining the group, he held several management roles in the chemical industry, including Assistant General Manager at KraussMaffei Company Limited, now operating as Sinochem Equipment Technology Qingdao Co., and most recently served as general manager of Shanxi China Coal Pingshuo Energy Chemical Co., Ltd.

Benack took over leadership of KraussMaffei Extrusion in 2024 and was responsible for the group’s global extrusion business. During his tenure, the company focused on operational processes and customer orientation, reducing delivery times and further developing the Technology Center at its Laatzen site.

The facility now offers 26 pilot lines for development and customer projects, and the company said it also expanded its extrusion technology portfolio.

From September, responsibility for the extrusion business and management of the China business will be combined under Ren’s leadership.

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