In recognition of a significant impact in terms of new market entry or growth by a company active within the tyre retreading or recycling sector.
Based in Ahmedabad, India, Fornnax is a fast growing manufacturer of tyre shredding equipment and granulators. Having grown rapidly within the tyre recycling sector in its domestic market, the company is now rapidly increasing its profile on a global basis including a sales agency in South America.
Gradeall International Ltd, with headquarters in Dungannon, Northern Ireland, is a world leading manufacturer of balers, compactors, tyre recycling machines and specialist bespoke recycling machinery. The company has grown from being a small manufacturer servicing the Northern Irish market, to becoming a leading international recycling manufacturer supplying overseas markets such as Australia, South Africa, Scandinavia, Eastern Europe, and the EU and most recently, the USA.
The Canadian Vulcan-Vulcap brand, acquired by ITRS in 2018, specialises in heavy duty tyre repair equipment. The company, best known in the North American market, but with a strong presence in Latin America and other markets around the world, has been particularly active in 2020 with the appointment of a new sales manager and the signing of new distribution agreements with Shamrock Marketing and B&J Rocket.
NeroForce is a Leipheim, Germany based start-up, which supplies equipment and accessories to the tyre retreading sector. Under the management of Andreas Mueller, the company has expanded rapidly to take on a number of key distributorships as well as developing some key products of its own such as its Densolit range of carbide tools.
Silvercap, part of the Brazilian owned ADR Group, with manufacturing facilities in Uruguay, is a fast-growing tread rubber manufacturer, which since its establishment in 2014 has established a strong base in South American markets. The company is now actively looking to expand its presence on a more international basis.