Rubbercon 2024, hosted for the first time in Kerala, India, marked a milestone in the global rubber and tyre industry by addressing key sustainability challenges and opportunities. Held in Kochi from 5 to 7 December 2024, the event attracted over 850 delegates from around the world, including MSMEs, machine manufacturers, tyre producers and leading researchers.

On 5 December 2024, the stalwarts of the rubber industry ecosystem gathered in Kochi, Kerala at Rubbercon 2024 to discuss and debate the current and future trends facing the global as well as Indian rubber industry.

This also was the first time that Rubbercon was hosted in Kerala, which also is the base of natural rubber producers in the country. The 3-day event saw participation of over 850 delegates from all across the globe ranging from rubber producers, raw materials suppliers, machine makers, MSMEs, rubber product makers, universities and even tyre manufacturers.

Tyre industry veteran and former Chief of R&D at Apollo Tyres P K Mohamed said, “We have selected Kochi, the Financial capital of Kerala. At present, Kerala accounts for 90 percent of natural rubber production. I am fortunate enough to start my career with a product that is immensely rich in elastomeric materials, commonly known as rubbers, that revolutionised the life of mankind and made them wealthier, happier and more mobile. The mobility the world enjoys today would not be possible without rubber, which is the basic component used to manufacture tyres.”

He highlighted that since the invention of vulcanisation by Charles Goodyear in 1839, the scientific community has been working to improve the rubber goods, performance and failure properties to match the expectations of never-ending customer requirements.

“In recent years, the industry has been tested by numerous challenges, such as the electrification of automobiles, mobility-related issues, sustainability, circularity, carbon neutrality and regulations. The World Institute study published in the year 2015 indicates that coal, crude oil and natural gas, which are the primary materials used for the production of monomers such as isoprene, styrene, butadiene and other critical materials, may disappear by the end of this century. The price of petroleum products and natural rubber is shooting up daily, and the industry is finding it difficult to pass on this price increase to its customers. It is also observed that the industry’s bottom line is shrinking daily, some industries are even sinking into the negative bottom lines. We use approximately 18 kg to 25 kg of natural rubber and petroleum products to 130-140 litres of oil in a truck tyre. These reasons prompted the conference’s organisation to select the theme of sustainable development in the rubber industry – challenges and opportunities to create awareness and impart new knowledge among the rubber community,” added the industry veteran.

Mohamed was also honoured with Hancock Medal in recognition of his contribution to the global and Indian tyre industry.

R Mukhopadhyay, Chairman of the Indian Rubber Institute (IRI), in his address, mentioned that the per capita consumption of rubber in the country was set to double from the current 1.3 kg to 2.5 kg by 2030. This means that in addition to capital investment, the industry will also require human capital to take advantage of the numerous growth opportunity across the natural rubber ecosystem.

He also highlighted the pivotal role of IRI in advancing global expertise in rubber technology from education, research to skill development, aligning with international standards.

Mukhopadhyay shared that to accelerate and support innovations in the rubber industry, IRI is setting up The Centre of Excellence in Polymer Science and Rubber Technology at JSS Science and Technology University Campus, Mysore. Expected to be ready by April 2025, it is estimated that the world-class facility will see an expense of INR 5 billion.

Dr Tessy Thomas, Former Project Director of Agni Missile and Currently Vice-Chancellor of Noorul Islam Centre for Higher Education, Chief Guest at the event, said, “Sustainability is no longer an aspiration – it’s a necessity.”

She outlined concerns such as deforestation, biodiversity loss and emissions tied to rubber production, as well as raw material shortages driven by climate change and geopolitical uncertainties.

Dr Raghupati Singhania, Chairman & MD, JK Tyre & Industries, addressed the gathering virtually.

Roopak Karnik, Managing Director, Bekaert India, spoke about ‘Transformational Journey of Bekaert with Steel’ on how the company was developing new advanced products with high degree of dematerialisation in sustainability. “Adding recycled content will only exponentially support the sustainability drive by reducing the emission during life and usage of tyres,” he explained.

Srikanth Chakravarthy, MD, Eonix Management Solutions, gave a brief presentation on the topic of ‘Co-Creating a Sustainable Future’.

MAKING MOBILITY SUSTAINABLE

The topic of sustainability is now a global concern, with each stakeholder expected to do their bit to make tomorrow greener and better.

Rubbercon 2024 saw experts present and share their views on different aspects ranging from sourcing, manufacturing to processes, applications and even recovery & recyclability of rubber.

The speakers, ranging from technocrats to researchers to professors, represented various organisations such as University of Lincoln; Indian Institute of Technology, Kharagpur; Rubber, Chemical, and Petro Chemical Skill Development Council (RCPSDC); Confederation of Indian Industry (CII); Emissions Analytics; Cabot Corporation; Birla Carbon; Coesfeld & Co; Tekna Automazione e Controllo; Xingda International; Balkrishna Industries; Synthos; Silpara Technologies; Solvay and Kumho Petrochemicals, among others, shared their perspectives on a wide variety of topics pertaining to the rubber and tyre industry.

Several topics had a niche focus for the tyre industry ranging from the need for skilled manpower for rubber tapping to recycle of tyre waste rubber and extraction of diesel like oil and pyrolytic carbon black to tyre emissions.

Some interesting presentations also focused on solid tyres, truck/bus tyre applications, to the industry’s commitment towards enabling sustainable mobility and the need to meet strict EU regulations.

Retreading truck tyre test – breakthrough for natural rubber silica/silane systems, green tyre technology, sustainable rubber processes, role of artificial intelligence (AI) and machine learning (ML) to advance sustainability in tyre industry, moving towards green supply chain strategies & technology were some of the presentations made by industry speakers.

The event also saw over 90 presentations and 18 poster sessions from experts across the rubber and tyre value chain from India, Germany, Sri Lanka, South Korea, China, Italy, France, UK and US, among others.

The conference concluded with a focus on collective action, emphasising the importance of collaboration across the value chain. From sourcing raw materials to recycling end-of-life tyres, stakeholders demonstrated their commitment to sustainable practices.

Rubbercon 2024 reaffirmed its position as a key forum for driving innovation, fostering collaboration and shaping a sustainable future for the global rubber and tyre industry.

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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.

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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.

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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.

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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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