Tolins Tyres has entered into an offtake Agreement with Apollo Tyres for conversion and Packaging of Precured Tread rubber (PCTR) and cushion Gum with a minimum monthly order of 200 tonnes and 17 tonnes respectively for a period of 3 years, extendable by mutual consent. This agreement will result in a 22% and 10% approximate increase in the company’s capacity utilization respectively at the minimum order.
Tolins Tyres is primarily engaged in manufacturing of bias tyres for vehicles (including LCV, agricultural and two/three-wheeler vehicles) and precured tread rubber. It also manufactures ancillary products like bonding gum, vulcanizing solution, tyre flaps and tubes.
