India Is Going To Be A Huge Market For The Rubber Industry: IRCO
- By Nilesh Wadhwa
- March 07, 2025
The International Rubber Conference Organisation (IRCO), the association of rubber societies from around the world and the organiser behind International Rubber Conference (IRC), sees India’s rubber industry booming over the last few decades. Tyre Trends recently caught up with Michael Clayton, Executive Chairman, IRCO, and Dr Matthew Thornton, Secretary General, IRCO, at the sidelines of Rubber Con 2024. Edited excerpts.
What is the underlying change you are seeing in the rubber conference globally?
Dr Thornton: I think the global rubber industry as a whole is facing similar challenges and bits. Rubber Con being a global conference, the themes have certainly changed over sort of the last 15 years and definitely we are seeing as we should, a trend and focus on sustainability, sustainable materials and sustainable practices.
What about India’s present and future role in the global rubber industry?
Clayton: I think it’s clear to see from the number of delegates at the three-day Rubber Con 2024 being nearly 1,000 that the Indian rubber sector is booming over the last 15 years. This is the third or fourth time we are in India for the IRCO event and plans are there for the future as well. Every time we come here, you can see the depth of the research that’s being done in India and the impact that that’s having globally on the international rubber sector.
Dr Thornton: I think with the population in India, the growth of the automobile sector, it’s (Indian rubber industry) got to be part of the global industry. As we move forward, it’s going to be a huge market for the rubber industry and a huge producer of rubber that goes into the automotive sector globally as well.
Given the disruption in natural rubber production and companies looking at alternative materials, will natural rubber lose its dominance?
Dr Thornton: I think natural rubber is going to play an important role, maybe more of an important role going forward. The move towards sustainability is something that we have seen over certainty in the last five years. Almost every conference now has a focus on sustainability, and being able to use natural rubber, as opposed to synthetic oil derived rubbers from fossil fuel sources, is going to play a key role. And certainly, using alternative feed stocks for natural rubber as well, like dandelion and guayule, is going to be important as well.
What is your take on repurpose, reuse or recycling of tyres?
Dr Thornton: In the UK and Europe, there’s a huge focus on recycling tyres, which I think will extend globally as well. Going forward, companies like Birla Carbon, who are part of Aditya Birla Group in India, are building plants in the Netherlands and investing EUR 100 million in a new facility in the Netherlands to recycle tyres into recovered carbon black and pyrolysis oils. I see that happening across Europe, in the UK, and I am sure going forward that will happen globally. We can’t just continue to leave old tyres in the environment; there have to be some kind of recovery mechanism. For producers and manufacturers, that is something that has to be high on their agenda and ensure that we don’t damage the environment or have an impact on the ecosystem for future generations.
PCBL Chemical Names Rituraj Singh Kalra As Executive Director And Chief Of International Markets
- By TT News
- November 13, 2026
PCBL Chemical has named Rituraj Singh Kalra as Executive Director and Chief – International Markets (Rubber Blacks), effective 9 November. The Kolkata-based company disclosed in a regulatory filing that Kalra will also serve on its Senior Management team and will be based in Belgium.
Kalra brings roughly three decades of expertise in international sales, marketing and business strategy, with senior leadership roles at Bekaert, GKN Driveline and MAHLE. He will oversee operations across Europe, the Americas and key Asia-Pacific markets, lead the Innovation Centre and drive Green Carbon initiatives, prioritising close customer relationships, resilient supply chains and commercial and technical partnerships built on shared sustainability goals. He previously served as Senior Vice-President of Global Sales, Marketing and Strategy at Bekaert in Belgium and holds a mechanical engineering degree from the University of Leeds and an MBA from Warwick Business School.
The appointment strengthens PCBL's global ambitions as a unit of the RP-Sanjiv Goenka Group, a conglomerate tracing its roots to 1820 that now generates about USD 5 billion in annual turnover and employs more than 55,000 people. With over six decades of operations behind it, PCBL stands as India's largest and the world's sixth-largest carbon black manufacturer, positioning itself as a global partner across carbon black, speciality chemicals and advanced materials.
Tyrecycle's Jim Fairweather Concludes 10-Year Run As ATRA President
- By TT News
- November 13, 2026
Tyrecycle CEO Jim Fairweather has stepped down after more than 10 years as President of the Australian Tyre Recyclers Association (ATRA), passing the role to Leigh Cometti, Managing Director of CTS Tyre Recycling. Fairweather will remain involved with ATRA and the wider industry.
His departure closes a period in which the association and Tyrecycle jointly pressed government to adopt the prohibition on exporting whole-baled waste tyres. That measure stopped such shipments reaching developing markets, where poor handling, storage or disposal could endanger human health and the environment, and it pushed the sector towards more accountable end-of-life tyre management and more processing and recovery on Australian soil.
Tyrecycle describes engagement with bodies like ATRA as central to its aim of building up the country's tyre recycling and resource recovery sectors. The company argues that recyclers, governments, regulators and other parties must work together if tyre recovery is to rise and end-of-life tyres are to be handled better nationally.
Looking ahead, ATRA has flagged several priorities: lifting off-the-road market recovery volumes, tightening compliance and enforcement, maintaining close ties with State and Federal regulators and pursuing regulatory changes that leverage existing Australian recycling capacity. Tyrecycle says it will keep contributing its experience, expertise and national outlook to ATRA and its members.
ATMA Seeks Duty-Free Natural Rubber Import Quota As Prices Reach INR 300 Per Kilogram
- By MT Bureau
- November 12, 2026
The Automotive Tyre Manufacturers’ Association (ATMA), the apex body representing tyre companies in India, has requested the Government of India to allow temporary duty-free imports of natural rubber under a Tariff Rate Quota (TRQ) mechanism.
The request follows an increase in domestic natural rubber prices to INR 300 per kg, representing a rise of nearly 62 percent from the November 2025 average of INR 186 per kg, alongside supply shortages during the peak production season.
In a letter submitted to Union Commerce and Industry Minister Piyush Goyal, the association proposed limiting the duty-free import quota to the assessed deficit between domestic demand and supply until market conditions stabilise.
During FY2025-26, India produced 905,000 tonnes of natural rubber against a consumption volume of 1.42 million tonnes, creating a supply gap of nearly 37 percent. Tyre manufacturers are simultaneously managing cost increases in synthetic rubber, carbon black, petroleum-based inputs and freight expenses driven by crude oil price movements linked to events in West Asia.
India's tyre industry generates an annual turnover of approximately INR 1,000 billion and exports exceeding INR 270 billion, having recorded 16 percent YoY export growth in Q1 of FY2026-27.
Arun Mammen, Chairman of ATMA, said, “Tyre manufacturers rely on the peak tapping season to secure domestic rubber for their production schedules. This year, supplies are falling short even during these months, while procurement costs have risen sharply. A temporary duty-free quota, limited to the assessed shortfall, would help manufacturers maintain production while protecting the interests of domestic rubber growers.”
Mark Stewart Steps Down As Goodyear CEO; Roger Wood Takes Interim Reins
- By TT News
- November 09, 2026
The Goodyear Tire & Rubber Company has announced that Mark Stewart has stepped down from his roles as Chief Executive Officer and President of the company and has also left its board of directors, effective immediately. In his place, the company has installed board member Roger Wood as interim Chief Executive Officer, with Wood leading the tyre maker while a leading executive search firm helps the board identify a permanent successor.
Wood joined the board in 2023 and has spent over 30 years leading businesses in the automotive and manufacturing sectors. He was previously Co-Chief Executive of Tenneco Inc., which designs, manufactures and distributes clean air, powertrain and ride performance systems worldwide for vehicle manufacturers and the aftermarket, and he holds board seats at PHINIA Incorporated and Brunswick Corporation. As part of taking the interim role, he has given up chairing the board's human capital and compensation committee.
Earlier this year, the board set up a special committee to scrutinise the company's businesses and operations, seeking ways to lift performance and deliver more value to shareholders. Directors and management are pursuing that effort through a wide-ranging assessment of strategic and operational options, among them refining the business mix and footprint, sharpening efficiency and funding new products and capabilities that underpin long-term growth. No further updates are planned unless and until the board concludes that more disclosure is warranted or required.
In a separate announcement dated 27 October 2026, Goodyear said Jerome Rouquet will become Executive Vice President and Chief Financial Officer on 1 December 2026. Rouquet, now Chief Financial Officer at Visteon Corporation and formerly a senior finance executive at Tenneco and Federal-Mogul, takes over from interim Chief Financial Officer Scott Deakin, who will help ensure a smooth handover.
Joe Hinrichs, Goodyear Board of Directors Chair, said, "Goodyear has made meaningful progress in becoming a more efficient and focused company, and the board believes this is the right moment to transition leadership to accelerate that progress and capture additional opportunity. Roger brings extensive automotive and industrial CEO experience, deep operational expertise and strong relationships across OEMs and aftermarket customers. He knows Goodyear, understands the opportunities ahead and has the board's full confidence to bring heightened focus and urgency to execution while we conduct a thorough search for a permanent CEO. We thank Mark for his contributions to Goodyear.
"The board formed a special committee earlier this year to conduct a rigorous strategic review of the company to help strengthen performance and create shareholder value. The board, together with the Enterprise Transformation Office, is evaluating a broad range of strategic and operational opportunities, and we are committed to taking the right actions to position Goodyear for stronger performance and long-term success. We look forward to providing an update as this work progresses."
Wood said, "Goodyear has iconic brands, talented people and significant opportunities to improve performance and deliver long-term value. As I step into this role, my immediate priorities are to support our associates and customers, sharpen execution and build on the work already underway to advance Goodyear's transformation. I look forward to working closely with the board, leadership team and the Enterprise Transformation Office to advance the strategic review and translate that work into actions that strengthen performance and position Goodyear for long-term success."

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