Xingda has become the first Chinese steel cord and bead wire maker to release a sustainability report.

The sustainability report 2021 details the goals, plans, actions and latest progress of its key sustainability initiatives, such as green products, circular economy and low-carbon operation, with key information.

With "Sustainable and High-quality Development" as the core and responsible operation as the foundation, Xingda will deliver high-quality, innovative and green products and solutions, promote green transformation of the industry, and contribute to the social development and community prosperity. 

Four major areas of sustainable development:

 Green products and solutions 

 Sustainable supply chain 

 Shared social values 

 Robust operation model 

Seven substantive topics and progress of sustainable development：

1. Green products

 By 2025, increase the proportion of green products in total sales to 30% 

Progress in 2021: ST/UT tyre cord products accounted for 28% of total sales. The ST/UT tyre cords can reduce tyre weight, lower rolling resistance, and prolong tyre service life.

2. Tackling climate change

 By 2025, reduce carbon emission per unit of product by 18% in comparison to 2020

 By 2025, reduce energy consumption per unit of product by 14% in comparison to 2020

 By 2025, achieve a 30% green energy ratio

Progress in 2021:

a) Carbon emission per unit of product of Jiangsu base was 1.42 tons of CO2e, down 3.73% year- on-year 

b) Energy consumption per unit of product was 1.43 MWH/ton , down 1.38% year on year Meanwhile, energy consumption per unit of product of the Jiangsu base in 2021 dropped by 2.69% from 2020 

c) Approved the CAPEX of 7.6MW rooftop solar power station, with an expected annual electricity generation up to 8 million kWh 

3. Circular economy

 By 2030, raise the proportion of recycled steel to 40% 

Progress in 2021: The purchased steel wire rod contained 18.50% recycled steel 

4. Responsible procurement

 By 2025, include 100% of Xingda’s suppliers in sustainability assessment

Progress in 2021: 11.48% of suppliers finished environmental and social evaluation, while the evaluation ratio of major raw material and auxiliary product suppliers was 90.9% 

5. Community and human capital development

 By 2025, provide on average 40 hours of vocational training for each employee per year 

Progress in 2021: Employees received 34 hours of training on average 

6. Compliance and business ethics

 By 2025, provide business ethics trainings for 100% of our employees and suppliers 

Progress in 2021: 857 employees (11% in total) received anti-corruption training

7. Sustainability governance

 Continuously improve information transparency and capital market performance

Progress in 2021:

a) Xingda established Sustainable and High-Quality Development Strategy Committee and the Xingda International Green Vanguard Team 

b) Released Xingda's first sustainability report 

c) Achieved score B for CDP Climate Change Questionnaire rating and won Bronze Medal for Ecovadis rating 

Along with the report, Xingda also shared the current status of its pioneering ‘from tyre, back to tyre’ project, in which steel cord and bead wire shall be recycled from used tyres to make wire rod and then new steel cord and bead wire, so as to achieve a true circular economy. At present, Xingda is working closely with tyre recyclers, steel makers and tyre makers to assess the technical feasibility of such cycle, and look to conclude the assessment in the coming months before moving to the mass trial phase. Once completed, it will mark one of the greatest breakthroughs the industry has seen in recent years and offer a remarkable boost to the quest for circular economy by tyre makers around the globe.  

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Bekaert has achieved an industry milestone with Dramix Loop, its most sustainable steel fibre. This product is the first in its sector to be manufactured industrially using steel reclaimed from end-of-life tyres, creating a new benchmark for circular construction. It directly tackles a significant circularity challenge within the tyre industry by transforming discarded tyre cords into a high-performance resource. This innovative approach preserves the material’s inherent tensile strength while bypassing carbon-intensive reprocessing, resulting in a near-zero carbon footprint with an exceptionally low Global Warming Potential of only 0.0436 kg CO₂eq per kg.

The launch reinforces the longstanding leadership of the Dramix brand, which already offers concrete reinforcement solutions that substantially reduce material use and CO₂ emissions. Dramix Loop further advances this legacy, providing fibres with very low contamination and high tensile strength suitable for diverse applications, including industrial flooring, precast elements and ultra-high-performance concrete. Beyond performance, it supports major sustainability frameworks like LEED and BREEAM, aids in compliance with the EU Taxonomy and helps companies reduce their Scope 3 emissions, thereby assisting owners and developers in meeting critical environmental, social, and governance objectives.

Eric Peeters, Divisional CEO Sustainable Construction, said, “Just like our other Dramix products, Dramix Loop ticks all the boxes: safe, smart and sustainable. It’s less labour-intensive, reduces CO₂ up to 80 percent compared to traditional reinforcement and leverages our structural design capabilities. And the circular aspect adds even more value, because with end-of-life steel, the carbon footprint is close to zero.”

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Dunlop has signed a memorandum of understanding with Cabot Corporation to evaluate the commercial use of circular reinforcing carbon made from regenerated material derived from end-of-life tyres, as tyre makers seek to cut emissions and increase the use of sustainable raw materials.

The agreement brings together Dunlop’s parent, Sumitomo Rubber Industries, and Cabot Corporation to assess whether Cabot’s regenerated carbon technology can be deployed in mass-produced tyres.

Under the memorandum, Sumitomo Rubber will test Cabot’s circular reinforcing carbon — which incorporates reclaimed carbon recovered through the pyrolysis of used tyres — as a potential alternative raw material in tyre manufacturing. The material has not previously been used by the Japanese group in commercial tyre production.

Cabot, which supplies reinforcing carbons to the tyre industry, will in parallel examine how its regenerated carbon technology could be scaled to meet potential market demand if the material is approved for wider adoption.

“This innovative circular reinforcing carbon will be evaluated for mass-produced tyres, and we will accelerate efforts towards its commercialisation through collaboration with Cabot,” said Takuya Horiguchi, General Manager at Sumitomo Rubber Industries’ material research and development headquarters. He said the partnership would help speed progress towards decarbonisation by combining the technical capabilities of both companies.

Aatif Misbah, Vice-President and General Manager of sustainable solutions at Cabot, said the company was committed to investing in technologies that improved both sustainability and product performance. He added that the agreement aligned with Cabot’s goal of supporting a lower-carbon future for the tyre industry.

The collaboration forms part of Sumitomo Rubber’s broader circular economy strategy for its tyre business, known as “TOWANOWA”. The initiative combines a “sustainable ring”, covering processes across the value chain, with a “data ring” that integrates and shares data collected from each stage of production and use.

Sumitomo Rubber said it would continue to pursue the TOWANOWA strategy by reducing its environmental impact while improving tyre performance and safety, with the aim of delivering new value to customers as the industry transitions towards more sustainable manufacturing practices.

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Orion S.A., a global speciality chemicals company, has successfully secured the prestigious ISCC – the International Sustainability and Carbon Certification for its manufacturing facility located in Qingdao, China. This significant achievement is the direct result of a rigorous, independent audit process which validated that the plant’s operations fully comply with the comprehensive sustainability criteria established by ISCC.

The certification serves as a formal verification of both the transparency and the complete traceability of the sustainable raw materials integrated into the facility’s production value chain. This milestone is a key component of Orion’s overarching corporate strategy to implement and enhance sustainable practices throughout its international operations.

By achieving this globally recognised standard, the company reinforces its commitment to supplying clients with high-performance carbon black and other speciality chemical products that adhere to leading international environmental and sustainability benchmarks, thereby supporting customer goals for more responsible manufacturing.

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Ecolomondo Corporation, a Canadian developer of sustainable technology for recycling scrap tyres, has secured a provisional financing agreement with Export Development Canada (EDC) for USD 2.7 million. The funds are intended to support the final ramp-up phase of its Hawkesbury thermal decomposition plant by covering necessary capital investments and operational working capital.

Following months of negotiation, both parties have agreed in principle to the loan terms, which include augmenting an existing USD 2 million credit facility established by a subsidiary, Ecolomondo Environmental (Hawkesbury) Inc, in January 2025.

Furthermore, EDC has conditionally approved a temporary suspension of principal and interest payments for loans from 2024 and 2025, applicable during the facility's 2026 ramp-up period. This financial arrangement is designed to provide the liquidity required to advance the project to full operational capacity, pending the finalisation of formal documentation.

Jean-François Labbé, Interim CEO, Ecolomondo Corporation, said “We have been working steadily in Hawkesbury, hiring, training, increasing production, increasing sales and, most of all, improving efficiency. This additional financing from EDC is greatly appreciated and should allow the Hawkesbury TDP facility to achieve its full potential.”

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