Business News

This news section will allow you to find out about takeovers, mergers, acquisitions and other business news within the global retreading sector.

Earthly’s mission is to help tackle the $500B annual funding gap for nature, needed to achieve our 2050 Paris Agreement climate goals.

Monaflex has brought value driving innovations to the tyre repair industry for decades and now has an improved solution for agricultural tyre repairs.

Ivybridge, the home of leading retreader, Bandvulc, has been rebranded as a Continental LifeCycle production facility, with new signage installed throughout February.

Vipal  presented its products and services for the off-road tyre market during the four days of the OTR Tire Conference.

VV will focus on investing in start-ups that focus on the sustainable development.

Go Energy Srl, located in Rovereto Italy, announced its name change to Italmatic Robotics Srl.

Indian tread manufacturer Midas is continuing to expand its number of certified retreaders across the Indian market. The Cochin headquartered tread major started its network expansion programme with Kerala and has now expanded into the western state of Gujarat with the addition of three new approved retreaders, all of whom have a long-term association with Midas and who individually retread around 5,000 tyres annually. The three new additions to the network are Perfect Retreads (Vadodara), Maa Krups Tyres (Hazira) and New Tapi Tyre Retread (Surat).

The Turkish retreading materials manufacturer ZQ Tyres, which operates under the Wolf brand, has announced a number of new projects that will be put into action during 2023. 

Imphal Tyre Remould has emerged as the first JK Retread Center in the North-Eastern part of India. Based in Imphal, the capital of the North Eastern State of Manipur, the retreader became a JKRC centre during September last year.

In 2019 Malaysian tread rubber manufacturer Maxrubber Industries Sdn Bhd celebrated its 30th anniversary. At that time the company was raising its profile rapidly both at home and in overseas markets. The last two years, of course, have been more difficult for obvious reasons, but now that the worst of the pandemic has passed us by, the company is now ready once more to continue the growth it was showing in the pre-Covid period. We spoke to Managing Director John Lee and Marketing Manager Liew Choon Kong about the company’s plans for the future.


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