Bridgestone On Pace To Achieve One Of Its Highest Year-Over-Year Results in Bandag Business

Veer Vahana To Use Exponent Energy’s 15-minute Fast Charge Tech For E-Buses

Bridgestone Americas (Bridgestone) announced today that it is on pace to achieve one of its highest year-over-year results in its Bandag business, with a nine percent increase over 2021. With the growth experienced by strategic fleet partners and the unprecedented demand in the market, the company forecasts year-end sales of Bandag retreads will reach more than seven million units in North America and anticipates continued growth in 2023, with a $60 million investment in its Abilene, Texas retread plant to increase production capacity.

Bridgestone claims that retreading is an increasingly important solution that fleets are incorporating into their tyre programme that not only extends the life of their premium tyre casings, but helps reduce the environmental impact of end-of-life tyres, maximises fleet uptime and mitigates overall operating costs. Retreading also remains a critical component for fleets to unlock their ESG and sustainability goals contributing to a circular economy.

Bridgestone states that in 2022, Bandag retreads, which account for nearly half of the North American retread market, are forecast to deliver environmental benefits of approximately as follows –

105 million gallons of oil saved
290 million pounds of landfill waste avoided
207 million pounds of tyre waste avoided
5.6 billion KwH of energy saved which is the equivalent of powering 500,000 US homes for a full year

“Retreading makes more sense today than it ever has for fleets,” said Jason Roanhouse, Executive Director of Bandag Operations, Bridgestone Americas. “Not only does retreading deliver the same reliable performance of new tyres, it helps fleets deliver on their sustainability goals while also driving bottom-line business efficiencies."

Earlier this year, Bridgestone announced a new $60 million investment in its Bandag tread manufacturing plant in Abilene, Texas, which will add 50,000 square-feet and additional production days to meet the accelerating demand for the company's retread products. According to Bridgestone, the expansion will increase the plant's retread output by 16 percent and further Bridgestone's sustainability commitments.

Additionally, the all-new Bridgestone Last Mile Tire System (LMTS), introduced in the second half of 2022, will begin utilising retread for small and medium-sized fleets in Q1 2023 with the goal of extending the benefits of retreading to a broader population of fleet customers. As per the tyre manufacturer, LMTS will allow smaller fleets operating out of the same terminal to realise greater economies of scale in their tyre operations, including access to Bandag retread solutions and Bridgestone fleet care products. The programme was launched at the 2022 Route Consultant Expo, where more than 500 fleet contractors expressed interest as potential early adopters of the programme.

Bridgestone claims that the continued expansion of Bridgestone Bandag retreading aligns with the Bridgestone E8 Commitment, which consists of eight Bridgestone-like values starting with the letter ‘E’. These are energy, ecology, efficiency, extension, economy, emotion, ease and empowerment that the tyre manufacturer commits to implement together with employees, society, partners and customers to create a sustainable society.

Ecolomondo Releases Interim Financial Results For Q2 2025

Ecolomondo Releases Interim Financial Results For Q2 2025

Ecolomondo Corporation, a Canadian developer of sustainable tyre recycling technology, has released its unaudited financial results for the second quarter ending 30 June 2025. The period was marked by significant progress in commercialising its Hawkesbury thermal decomposition facility, particularly within the recovered carbon black (rCB) department. A major milestone was reached with the installation and commissioning of new milling equipment, a critical step for the plant to achieve full operational capacity, as rCB is its primary revenue generator.

Following the quarter's end, the company's main rCB client formally approved the product quality, leading to five consecutive purchase orders for multiple truckloads delivered between July and August. A separate US-based customer has also approved the rCB quality, with bulk purchase orders anticipated imminently.

Financially, Ecolomondo secured USD 1.5 million through private placements and finalised a significant agreement with Export Development Canada (EDC). This arrangement provides a temporary postponement of principal and interest payments on three existing loans, improving the company's working capital and investor confidence. This debt modification resulted in a gain of USD 2,495,209, which contributed to a reported net profit of USD 1,452,712, for the quarter, despite an operating loss, which stood at USD 1,042,497 for the quarter, compared to USD 443,418 for the same period of 2024.

Revenue saw substantial growth, increasing by 212 percent to USD 395,149 compared to the same period in 2024, driven by product sales and tipping fees at the Hawkesbury plant. Capital expenditures for the Hawkesbury TDP turnkey facility totalled USD 51,358,723 after accounting for depreciation, while the company’s cash and cash equivalents stood at USD 1,508,645. Over the coming 12 months, Ecolomondo anticipates utilising an additional USD 2.0 million, which will be primarily allocated to covering ongoing working capital requirements and essential capital purchases for the Hawkesbury facility.

The company also advanced its global expansion strategy, signing a definitive agreement with ARESOL, a renewable energy group, to construct four turnkey recycling facilities in the European Union. The first plant is planned for Valencia, Spain. At its Annual General Meeting, all management proposals were unanimously adopted by shareholders.

European Companies Call For Robust Implementation Of Data Act

European Companies Call For Robust Implementation Of Data Act

The European Tyre and Rubber Manufacturers’ Association (ETRMA), alongside 13 other European business organisations, has signed a Joint Statement urging the European Commission to ensure a strong and ambitious implementation of the Data Act.

The coalition, including numerous SMEs and Small Mid-Caps from the digital and industrial sectors of European companies, has urged the European Commission to uphold the regulation against pressure to dilute its core provisions, identifying it as a crucial framework for unlocking industrial data across the EU economy. The signatories contend that a robust implementation is vital for fostering a competitive market and unleashing innovation, particularly for smaller businesses.

The coalition highlights the Act’s benefits, which include empowering SMEs with data portability rights, protecting them from unfair contractual terms and mandating that data sharing occurs on fair, reasonable and non-discriminatory (FRAND) terms. A key provision requires cloud providers to facilitate switching through open standards, combating vendor lock-in. The statement expresses concern that lobbying efforts for delayed enforcement, weaker interoperability definitions and reliance on global standards without fairness guarantees threaten to undermine these objectives.

For the Data Act to be effective, the coalition insists on full implementation to open data markets to genuine competition and prevent SMEs from being excluded by legal complexity. The statement also calls for a proportionate approach, requesting practical guidance, standard contractual clauses and well-resourced enforcement authorities to support smaller companies. It notes that in certain sectors, supplementary legislation may be needed for full clarity.

The coalition concludes that strong enforcement is paramount, asserting that without it, the Act's rights will remain theoretical. They warn that any delay or softening of key provisions risks reinforcing the very market barriers the regulation was designed to eliminate. The signatories urge the Commission to ensure robust enforcement to secure a competitive and innovative Single Market for all companies.

Yokohama Rubber To Power FIA Extreme H World Cup With GEOLANDAR Tyres

Yokohama Rubber To Power FIA Extreme H World Cup With GEOLANDAR Tyres

The Yokohama Rubber Co., Ltd. has been selected as the official tyre supplier for the groundbreaking FIA Extreme H World Cup, the world's first hydrogen-powered motorsport series. The company will supply its GEOLANDAR brand of tyres for the championship, which is scheduled to commence next month in Saudi Arabia. The company will also continue to supply GEOLANDAR tyres for the Extreme E off-road electric vehicle series, which holds its final event on 4–5 October in Saudi Arabia.

Central to both the Extreme H and Extreme E series is a shared mission to advance sustainability and equality. The championships serve as dynamic platforms to promote environmental awareness and demonstrate cutting-edge technologies while also enforcing a strict mandate for gender parity by requiring each team to field one male and one female driver. The Extreme H series will feature eight international teams operating the Pioneer 25, a cutting-edge hydrogen fuel cell vehicle capable of generating 550 horsepower and accelerating from 0 to 100 kmph in 4.5 seconds. The global significance of this new championship is expected to draw a worldwide television audience across multiple continents.

As the predecessor to Extreme H, the Extreme E series utilised the high-performance all-electric Odyssey 21 vehicle. All teams competing in the new hydrogen series will also participate in this final Extreme E event, marking the conclusion of the electric championship as it transitions towards a hydrogen future.

In alignment with the environmental principles of these series, Yokohama Rubber will provide a specially developed prototype tyre based on its GEOLANDAR X-AT model. This tyre has been engineered with a significantly increased ratio of sustainable materials, comprising 38 percent renewable and recycled content. It has also been fortified with enhanced durability characteristics to withstand the unique demands of heavy hydrogen-powered and electric off-road racing vehicles.

Hankook Tire Unveils Future Mobility Innovations At 'Design Innovation Day 2025'

Hankook Tire Unveils Future Mobility Innovations At 'Design Innovation Day 2025'

Hankook Tire is advancing its future mobility leadership through strategic open innovation and collaborative design projects. This effort was showcased at the company’s recent Design Innovation Day 2025, held at its Pangyo Technoplex headquarters. The event serves as a platform to present new solutions integrating sustainability, innovation and design while reinforcing partnerships with global technology leaders.

A major focus was the unveiling of two key outcomes from Hankook’s ongoing Design Innovation Project. The first was ‘Sustainable Concept Tyre’, an embodiment of the company’s ESG vision. Developed using advanced 3D printing technology, it is constructed from renewable and recycled materials. Its distinctive organic design was realised in collaboration with Harvestance using specialised engineering software.

The second reveal was the WheelBot 2, a multi-directional mobility platform developed with robotics startup CALMANTECH. This advanced robotic wheel system, equipped with tri-axial spherical tyres, demonstrates new possibilities for movement. Its potential was illustrated through a live demonstration of the PathCruizer, a two-seater pod concept powered by the WheelBot technology.

Beyond product reveals, the event highlighted Hankook’s commitment to knowledge sharing, featuring a presentation on 3D printing advancements from LG Electronics. These collaborations are central to Hankook’s strategy of strengthening its technology leadership. Since 2012, the company has partnered with world-renowned design universities and technology firms, consistently earning prestigious international design awards and solidifying the premium stature of its global brand.