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Leading tyre maker MRF has said that it’s looking at new technologies and new generation materials to produce more efficient tyres.
“We are doing a lot in terms of making fuel-efficient tyres. Rolling resistance is important in the context of new emission standards. We are working on it and also trying to use nano technology in our product development,” KM Mammen, Chairman & Managing Director, MRF, told on the sidelines of an event to mark 25 years of tie-up between MRF Pace Foundation and Cricket Australia.
Though the company is already making low rolling resistance (RR) tyres for some segments, it is working on several more projects on developing such tyres, which are more fuel efficient and emit less CO2.
MRF is also working on the raw material front and is exploring the possibility of using nano technology and other advanced materials. “We are trying to use different compounds. One of the rolling resistance compounds we are attempting is sand,” he said.
No change in capex plans Stating that there was slow down in some categories of automobile segment, Mammen expected things to stabilise in the next two quarters.
He indicated that the company will be going ahead with its capex and Gujarat expansion plans.
He added that increasing raw material prices was a concern as it would impact the company’s margins.
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