India Is Going To Be A Huge Market For The Rubber Industry: IRCO

IRCO

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.

NEXEN TIRE Unifies European RE And OE Businesses, Appoints DC Kim To Lead

NEXEN TIRE Unifies European RE And OE Businesses, Appoints DC Kim To Lead

NEXEN TIRE has revamped the organisational framework for its European operations, merging its replacement equipment (RE) and original equipment (OE) divisions under a single executive leader. The restructuring is intended to deepen coordination throughout the region and reinforce the company’s ongoing expansion efforts there.

DC (DAE CHOONG) KIM has been named to head the newly formed European organisation. He returns to NEXEN TIRE Europe from Korea to assume this executive role, having first joined the European arm in 2014 and served as Vice President of Europe & Sales Marketing until 2024, then as Executive Vice President of Global Sales until September 2026.

In his new capacity, KIM will manage the combined European RE and OE sales organisation, fostering closer alignment between the two areas and sharpening NEXEN TIRE’s overall market approach. His leadership is expected to bolster customer focus, business development and long-term growth across the region.

Additionally, JEFF (JAE HOON) ROH, formerly Vice President of Europe Sales & Marketing, becomes Vice President of Global Sales Planning. He will help Nexen Tire offices worldwide maximise performance, with emphasis on US and Europe, and refine global channel strategy. The new structure and appointment came in force on 1 October.

Grismer Tire & Auto Service Appoints New CEO And CFO

Grismer Tire & Auto Service Appoints New CEO And CFO

Grismer Tire & Auto Service, a tyre and automotive service centre operator backed by CenterOak Partners LLC, has named Chris Blanchette as Chief Executive Officer and Mark Hedstrom as Chief Financial Officer. The announcement marks a significant leadership transition for the portfolio company.

Blanchette arrives with over two decades of senior leadership experience in multi-site consumer services, specialising in operations, strategy and business development. He most recently served as Chief Executive Officer of Service Minds, a residential electrical, plumbing and HVAC services provider. His background also includes serving as Chief Operating Officer of QAS, which operates Valvoline Instant Oil Change locations, along with senior operational positions at Advance Auto Parts, Bridgestone Retail Operations and Best Buy.

Hedstrom brings more than three decades of finance expertise to his new role. He previously held the Chief Financial Officer position at W.S. Connelly & Co., a multi-regional specialty distributor, and has also served as Chief Financial Officer for several private equity-backed consumer and distribution companies.

Eric Holter, Managing Director, CenterOak, said, “Chris Blanchette brings highly relevant leadership experience in the automotive aftermarket. He has led complex, multi-location organisations and understands how to translate operational discipline into sustainable growth. Together, Chris and Mark add important depth to Grismer’s leadership team as the Company pursues expansion in existing and new markets.”

Blanchette said, “Grismer’s 90-year history and the trust it has earned with customers set the Company apart. I am excited to join a business with such a strong legacy and see significant

Japan To Host International Rubber Conference After Decade-Long Gap

The International Rubber Conference (IRC) will return to Japan in November for the first time in a decade, with more than 271 technical presentations and over 117 exhibitors expected to take part.

The event, known as IRC 2026 Aichi, will be hosted by the Society of Rubber Science and Technology, Japan, alongside the Rubber & Elastomer Technical Exhibition in Aichi. It is scheduled to run from 2nd to 6th  November, with the exhibition opening a day later and continuing until 6th  November .

Held at the Aichi International Exhibition Center, also known as Aichi Sky Expo, the venue is located near Chubu Centrair International Airport and can be reached from Nagoya Station in about 28 minutes by train.

The conference programme will feature more than 271 presentations spanning rubber science, technology and industrial applications. Participants include James Busfield of Queen Mary University of London and Nobuyuki Tamura of Bridgestone Corporation, who also chairs the Japan Rubber Manufacturers Association. More than 400 delegates have already registered.

Running alongside the conference, the Rubber & Elastomer Technical Exhibition will host more than 117 exhibitors, ranging from raw material suppliers and machinery manufacturers to tyre makers and testing-equipment providers. The exhibition will be open to visitors free of charge.

The International Rubber Conference, first held in 1966, rotates annually across global host cities. The last event in Japan took place in Kitakyushu in 2016, with subsequent editions held in Haikou, Istanbul and Bangkok.

Pirelli Board Approves EUR 1 Billion US Investment Plan And Organisational Restructuring

Pirelli

Italian tyre major Pirelli has announced a multi-year investment plan worth approximately EUR 1 billion (USD 1.2 billion) to expand its manufacturing facility in Rome, Georgia in the United States. The motion passed by majority vote, with board members Zhang Haitao, Xi Xiaohong and Wang Kun voting against the proposal.

The capital expenditure program, scheduled to begin in 2027 and will go through 2033, aims to expand annual production capacity at the Georgia site to six million tyres and create approximately 1,000 jobs.

The United States represents the largest market for high-value tyres globally, accounting for roughly 40 percent of global volumes. The project will be carried out in two phases without altering Pirelli's financial targets for 2026.

Phase one of the expansion will introduce modular robotised production systems based on Pirelli's Modular Integrated Robotised System technology, scaling annual output to three million tyres starting in 2028.

In phase two, the company will begin construction of an automated production facility to add three million units of annual capacity. The expanded plant will produce connected tyre systems, including Cyber Tyre technology, following market authorisation granted by the US Bureau of Industry and Security under Italy’s 2026 Golden Power Decree.

Alongside the investment decision, the board approved an organisational restructuring resulting in the immediate elimination of the Corporate General Management function. As part of the changes, Corporate General Manager Francesco Tanzi will step down from his executive role, maintaining an employment relationship through 31 December 2026 to facilitate the leadership transition.

Under the terms approved by the board and the Remuneration Committee, Tanzi will receive a severance payment equivalent to 13 months’ remuneration, payable by February 2027, alongside accrued rights under existing short-term and long-term incentive plans. He has agreed to a two-year non-compete covenant covering Pirelli's primary operating regions in exchange for 130 percent of his gross annual salary, paid in eight quarterly instalments. Following the end of his employment, Tanzi will provide advisory services under a two-year consultancy contract with an annual fee of EUR 350,000, plus non-monetary benefits valued at EUR 45,000.