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Bekaert signs 12-year solar PPA for Sardinia plant
Steel wire and coating technologies firm Bekaert and Edison Next, the Edison Group company supporting customers with ecological transition and decarbonisation, have signed a 12-year on-site Power Purchase Agreement (PPA). This PPA will see the installation of a photovoltaic system with a total power of 6.1 MW at Bekaert’s plant in Sardinia, Italy. The 6.1 MW solar installation will be capable of meeting more than 20 per cent of the plant’s current energy requirements.
Xingda reveals its plans to recycle scrap tyre cord
Liu Jinlan, chairman of the board of directors of Xingda Steel Cord, said that he is prepared to continue to expand production in the next seven years. Specifically, the company plans to have an annual production capacity of steel cord and various steel wire products reaching 2.33 million tons by 2030, with revenue exceeding 20 billion yuan.
Xingda’s 2030 sustainability vision
XingdaXingda has shared its vision on sustainability with stakeholders at the annual Xingda Global Forum, unveiling its goals for 2030 and its plans to “facilitate green and low-carbon transformation with digital technology and intelligent manufacturing”.
ISCC Plus certification for Kordsa Izmit plant
The Kordsa tyre reinforcement plant in Izmit, Turkey has gained ISCC (International Sustainability Carbon Certification) Plus certification. The Sabancı Holding subsidiary declares that this certification solidifies Kordsa’s “commitment to international sustainability standards” and specifically endorses the eco-friendly production of recycled polyester yarn, single cords, and cord fabrics within its product range.
Xingda and Hixih to build joint factory
Recently, Jiangsu Xingda Steel Tyre Cord and Hixih Rubber entered an investment agreement. It is reported that the two parties are preparing to establish a joint venture to build a factory with an annual output of 50,000 tons of steel tyre cord. According to the agreement between the two parties, Xingda will be responsible for all operations and management of the joint venture company. The board of directors of the joint venture company consists of three directors, with the number of directors appointed by Xingda and Hixih being two and one.
Xingda publishes 2022 sustainability report, EV tyre cord >32% of output
XingdaXingda, the steel tyre cord manufacturer, has released its sustainability report for 2022, the second of its kind. Within the details, the fact that 32.89 per cent of Xingda’s output consisted of super-high or ultra-high tensile strength products, commonly used in EV tyres, is noteworthy.
Xingda reports 11% increase in sales volume in 1H 2023
XingdaJiangsu Xingda, a leading tyre cord supplier, registered an 11 per cent growth in sales volume in the first half of 2023. Within the overall sales increase, steel cord sales grew by nearly 12 per cent, bead wire sales grew by 6 per cent, and hose wire sales grew by 12 per cent.
Bekaert names Yves Kerstens CEO
After having led the company over the past three years, Oswald Schmid will retire as CEO of Bekaert on 31 August. The company’s Board of Directors has appointed former Bridgestone executive Yves Kerstens his successor as CEO, effective 1 September.
Days numbered for Asahi Kasei Cord
Asahi Kasei has decided to discontinue its Asahi Kasei Cord Co., Ltd. business and liquidate the company. Around 70 people currently work for the Hyuga, Japan-based operation, where production is scheduled to cease by or on 31 March 2024. The plant will close a year later.
JK Tyre develops 80% sustainable tyre
A couple of weeks after Apollo Tyres unveiled car tyres containing 75% sustainable materials, JK Tyre & Industries has seen Apollo’s 75 and raised it 5. The company has produced a passenger car radial with 80% recycled and renewable materials – and says it will offer such a range “in due course.”
Xingda Shandong Phase II put into operation
XingdaOn 17 March, Xingda Steel Tyre Cord held a ceremony celebrating the commencement of production at the second phase project of the company’s Shandong factory. Liu Tao and Hang Youming, deputy general managers of the steel tyre cord manufacturer, attended the event. In his speech, Liu Tao revealed that the Shandong factory’s second phase mainly serves tyre companies in Shandong Province and northern China.
Xingda signs “strategic cooperation agreement” with Continental
XingdaTyre cord manufacturer Xingda and Continental Group recently signed a strategic cooperation agreement at Xingda Steel Tyre Cord (Thailand) Co. Ltd. Details of what is involved in the agreement remain to be seen at this stage, but Xingda representatives report that the cooperation includes improving the supplier management services in Europe.
Teijin Frontier announces a greener tyre cord
Teijin Frontier Co., Ltd. claims a world first with the commercialisation of a tyre cord that combines an adhesive that does not contain resorcinol formaldehyde (RF) with a chemically recycled polyester fibre. Test production of the tyre cord will begin next year, and the Teijin Group company aims to achieve annual production of 200,000 tonnes by 2030.
Kordsa investing in North American tyre cord operation
Tyre and construction reinforcement specialist Kordsa is investing US$20 million in its North American facilities with the goal of boosting its cord fabric production for the tyre industry. The company says the investment will enable it to expand the tyre cord dipping line at its facilities to meet increased demand from tyre manufacturers.
