Business News

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

Bandvulc unveils next-generation BD5 drive tyre

The Marangoni Group has announced the acquisition of GRP Ltd.’s 50% stake in the joint venture company in India - Marangoni GRP Pvt. Ltd - through its wholly owned subsidiary, Leader Rubber Company (SA) Prop. Ltd, South Africa, thereby marking the start of the Italian company’s solo journey in the Indian market.

Vipal has announced several new innovations during Pneushow this year, in addition to celebrating the 25th anniversary in of the company’s partner network, the largest in Brazil with more than 200 authorised retreaders.

Pneushow 2022, which took place in Sao Paulo, Brazil from 22-24 June,  served as a stage for Unique and Tipler to present brand new corporate identities to the market, designed to convey portray an image of quality, trust, safety and performance which the Group says has characterised the two brands over many years.

The Vulcan Vulcap team was proud to welcome B&J Rocket to their facilities for a full day of training on the revolutionary VulcaFlex system recently.

KRAIBURG says it has always strived to act in an environmentally responsible manner. For example, the Group is already one of Europe’s biggest consumers of granulates and powders extracted from used tyres and re-utilises them in high-quality products.

To help shift public perception and share a positive light on retreaded tyres, Romanian retreader Radburg is becoming more involved with drifting competitions. Currently, the company is sponsoring 8 racers in the Romanian National Drift Competition with tyres primarily, and many other things.

Retreading with UHP water jet buffing lowers waste and materials costs

Goodyear’s South Africa-based subsidiary TrenTyre has announced that its efforts and commitment to transformation and economic development have once again seen the company retain the coveted B-BBEE Level 1 contributor. This is the second consecutive year that the company has achieved this accolade.

Indian retreaders are anticipating opportunities as the central government is fast-tracking infrastructural development projects in various states. As part of improving infrastructure in the Jammu region, various new projects have been announced to develop as well as improve the infrastructure in North Indian union territory.

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