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.
Midas, Asia’s largest manufacturer of tyre retreading materials, has launched O-rings designed for off-the-road (OTR) tyres, aimed at delivering reliable sealing performance in demanding operating conditions.
The O-rings are manufactured using high-quality natural rubber and are formulated to improve physical properties and ensure dimensional stability. According to the company, the product has been tested over many years in harsh environments and is intended to provide consistent, trouble-free performance in OTR tyre applications.
Midas said only REACH-compliant raw materials are used in the manufacture of the O-rings, underscoring its adherence to safety, quality and international regulatory standards.
Founded 56 years ago, Midas supplies tyre retreading materials to customers in more than 60 countries. The company said the launch reflects its continued focus on developing performance-oriented solutions for the global tyre and retreading industry.
Toyoda Gosei Launches Automotive Parts With 20% Recycled Rubber
- By TT News
- January 08, 2026
Toyoda Gosei has successfully commercialised automotive weatherstrips using recycled rubber, starting with the new Toyota RAV4. This marks a significant breakthrough in a field where rubber has historically been difficult to reuse, often ending up incinerated instead of truly recycled. Unlike steel or plastic, rubber recycling requires devulcanisation, a complex process that traditionally weakens the material and leaves behind unpleasant odours.
Through dedicated refinement of its proprietary devulcanisation technology, the company has overcome these longstanding quality hurdles. The advancements have dramatically increased the usable proportion of recycled material in automotive parts from under five percent to 20 percent, an achievement honoured by a Toyota Motor Project Award.
Looking ahead, Toyoda Gosei aims to extend this technology beyond synthetic rubber to include natural rubber, which is used in far greater volumes. The broader corporate ambition is to collaborate with automakers and partners to establish a full circular system. This system would collect and regenerate rubber from end-of-life vehicles, positioning the company as an industry leader in enabling both decarbonisation and sustainable resource circulation.
Michelin Reinforces Polymer Composite Solutions Business With Two Acquisition Projects
- By TT News
- January 05, 2026
Pursuing its strategic goals for 2030, Michelin is actively extending its technological leadership into adjacent, high-value sectors. This expansion is being accelerated through two key acquisitions announced in recent months: Cooley Group and Tex Tech Industries. Both US-based companies are leaders in advanced materials, specialising in high-performance fabrics and coatings, and align strongly with Michelin’s own focus on innovation and quality while bringing complementary geographic and technical strengths.
Cooley Group, marking its centennial in 2026, excels in creating engineered polymer-coated fabrics. Its fully integrated production enables custom solutions for critical applications in healthcare, industrial containment and waterproofing. Similarly, Tex Tech Industries, with over a century of operation, designs and manufactures specialised textiles for extreme demands, including thermal protection systems for aerospace, fire-blocking aircraft interiors and advanced composite materials.
These strategic moves significantly bolster Michelin’s existing position in coated fabrics, notably through its European brand Orca. By integrating Cooley and Tex Tech, Michelin anticipates accelerating its global market reach and increasing the revenue of its Polymer Composite Solutions division by approximately 20 percent, equating to roughly USD 280 million. Given the growing scale of this business, Michelin intends to establish it as a dedicated reporting segment starting in 2026.
The acquisitions, slated for completion in the first half of 2026 pending regulatory approvals, will be transacted in cash, with financial terms currently undisclosed.
Birla Carbon Secures Platinum Medal In EcoVadis Sustainability Rating
- By TT News
- December 27, 2025
Birla Carbon, a leading global manufacturer and supplier of high-quality carbon materials, has been awarded the prestigious Platinum sustainability rating by EcoVadis, ranking it within the top one percent of all assessed companies globally. This honour recognises the firm’s enterprise-wide leadership in integrating sustainability across its operations, innovation and value chain.
The evaluation specifically commended its strong performance across four key areas: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. This achievement is further validated by extensive third-party certifications, with over 75 percent of operations certified to international standards including ISO 14001, ISO 50001, ISO 45001, SA8000 and ISO 27001, underscoring the consistency and strength of its sustainability management systems.
John Loudermilk, President and CEO, Birla Carbon, said, “This Platinum rating reflects the steady progress we are making in embedding sustainability at the core of our business. Our growth strategy is geared towards delivering sustainability through innovation, operational excellence and responsible practices across our global footprint. We continually invest in sustainability and circularity-driven processes, keeping our operations sustainably efficient while creating long-term value for our customers, partners, communities and employees. Our sustainability strategy, Share the Future, serves as a roadmap to a sustainable future and guides our actions towards our aspiration of reaching net zero carbon emissions over the next 25 years. Being recognised among the top one percent of companies globally is a testament to the commitment of our teams worldwide.”
Comments (0)
ADD COMMENT