
Pirelli extends sustainability bragging rights
Last week it shared news of its seventh consecutive CDP Climate A list rating, this week Pirelli confirms its renewed presence amongst the top one per cent of companies in the S&P Global Sustainability Yearbook. The Italian brand is the only tyre maker to gain this status at the global level.
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Prometeon appoints Steve Tift as UK and Eire MD
Following the departure of Ali Yilmaz, Prometeon Tyre Group, has appointed Steve Tift as managing director for the UK and Eire. Tift steps into the role with nine years of experience at Prometeon, where he has played a key role in developing successful sales teams and strengthening customer relationships. Joining in 2016 as business development manager, Tift’s commercial strengths saw him quickly promoted to UK sales manager and then sales director in January 2023.
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Key personnel arrive at Michelin-supported tyre recycling site
Earlier this month, key employees of Infiniteria, the joint venture company established by Scandinavian Enviro Systems (Enviro) and Antin Infrastructure Partners, moved to the location in Sweden where the joint venture is establishing its first full-scale waste tyre recycling plant. They arrived at the site a little under a year since the project’s official groundbreaking. As of February 2025, most exterior plant components are in place, with the next phase of work involving the installation of key production equipment.
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Cimcorp celebrates 50th anniversary of milestone
2025 marks the 50-year anniversary of Cimcorp’s first commercial robot sale. The company that started life as Rosenlew Automation has grown into a global market leader in intralogistics automation, including applications in the tyre industry.
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Apollo Tyres to expand PCR capacity by almost 10%
Although Apollo Tyres’ capital expenditure won’t reach its targeted level of Rs 10 billion (£92.2 million) during the 2025 financial year, it’ll be a different story when the new year begins on 1 April. In addition to confirming that FY25 CapEx will only “be around” Rs 7 billion to Rs 8 billion (£64.5 million to £73.7 million), during an investor conference call on 7 February Chief Financial Officer Gaurav also mentioned that the tyre maker intends to significantly raise CapEx for FY26 and shared details of specific projects.
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Car tyre retreading – Germany’s Rigdon orders vulcanisation press
Almost two years ago, German retreader Rigdon announced a plan to invest heavily in car tyre retreading, and it has now progressed this plan by ordering 35 vulcanisation presses for bead-to-bead mould cure retreading. The first presses will arrive later this year and the remainder in 2026.
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Vaculug becomes B Corp – ‘first tyre retreader in Europe’ to achieve sustainability certification
UK-based tyre retreader Vaculug has become a Certified B Corporation, commonly known as B Corp. The company calls the certification “a landmark achievement”, adding that it is the “first tyre retreader in Europe” to earn B Corp status. Membership of the global movement demonstrates that the company meets the highest standards of social and environmental responsibility.
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DHL and Michelin sign sustainability-related MoU
On 4 February, DHL announced that the well-known logistics company has signed a Memorandum of Understanding (MoU) with Michelin. Commenting in a statement on social media, DHL global customer director, Benjamin Jehl said the agreement signalled “the start of an exciting new chapter in our journey” and suggested it relates to sustainability, continuing:
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Pirelli in the CDP ‘Climate “A” List’ for 7th year straight
Pirelli has obtained a place in the 2024 CDP Climate A list for the seventh consecutive year. The “A” rating in the Climate section, the maximum possible score, was reportedly given to Pirelli based on its decarbonization strategy, the effectiveness of efforts made to reduce emissions and climate risks, and to develop a low carbon emissions economy, as well as for the completeness and transparency of information provided and its adoption of best practices associated with environmental impact.
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Yokohama Rubber named on CDP A List
On 6 February, global environmental non-profit CDP affirmed Yokohama Rubber Co. Ltd. on its A List of companies that have achieved the highest score for their leadership in environmental transparency and climate change. According to the company, Yokohama’s selection recognizes its efforts to cut greenhouse gas emissions, mitigate climate change risks, and disclose highly transparent information, based on its responses to the CDP’s 2024 climate change questionnaire. This is Yokohama Rubber’s third-straight time and sixth appearance in total on the A list.
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Linglong lays foundation to incorporate digital & tech-driven solutions
Changes recently made to Linglong Tire’s business scope will facilitate the Chinese tyre maker’s expansion into digital services, such as online platforms, data-related services, or telecommunications solutions. In a stock exchange disclosure published on 23 January 2025, Linglong Tire shares that it has broadened its business scope, adding Class II Value-Added Telecommunications Services to its business activities. The company also changed its company type and updated its Articles of Association.
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First commercial contract for Michelin’s WISAMO wingsail
It’s likely a coincidence, but the sail surface area of Michelin’s Wing Sail Mobility, or WISAMO system bears at least a passing resemblance to the company’s iconic mascot, Bibendum. Michelin first unveiled the inflatable, white wingsail in 2021, and after several years of testing now reports a first commercial contract for WISAMO. France’s Directorate general for Maritime Affairs, Fisheries, and Aquaculture (DGAMPA) has tasked Michelin with equipping a new patrol vessel with the system.
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Apollo Tyres reports lower Q3, 9M profits
Apollo Tyres Ltd has announced its unaudited financial results for the third quarter (October to December) and nine first months of the 2024-25 financial year, reporting consolidated revenue of Rs 69.28 billion (£635.30 million), an increase of 5.1 per cent over the same period last fiscal. Both the tyre maker’s Indian and European operations delivered mid-single-digit revenue growth during the quarter. Operating profit declined 21.6 per cent compared with the prior year, to Rs 9.47 billion (£86.84 million), while net profit was, at Rs 3.37 billion (£30.90 million), 32.2 per cent lower.
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MRF profit dips despite 13.76% increase in Q3 FY25 total income
MRF Limited has reported a 13.76 per cent year-on-year increase in its consolidated total income for the quarter ended 31 December 2024, the third quarter of its current financial year. Income reached Rs 70.99 billion (£650.29 million), compared to Rs 62.40 in the same quarter of the previous financial year.
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ISCC PLUS for Nokian Tyres’ Romania plant
A second Nokian Tyres plant has achieved International Sustainability and Carbon Certification (ISCC) PLUS status. Nokian Tyres reports that its factory in Oradea, Romania, which opened in the latter part of last year, is now certified to utilise sustainable, ISCC PLUS raw materials in its tyres. Certification in Romania follows that for the Nokian Tyres car tyre plant in Nokia, Finland, which obtained ISCC Plus in 2024.
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