The Tire Industry Association (TIA) has appointed Gary Schroeder, Chief Operating Officer of Bob Sumerel Tire Company, as its new Secretary during the recent Mid-Year Board Meeting. This strategic move reinforces the association's leadership pipeline, with Schroeder now positioned to ascend to the TIA presidency for the 2027-2028 term. His official installation will occur on 3 November in Las Vegas during the Board of Directors meeting preceding the 2025 Global Tyre Expo/SEMA Show.

With a distinguished 25-year career in the tyre industry, Schroeder brings invaluable executive experience to his new role. His tenure includes leadership positions at Cooper Tyre & Rubber Company, where he oversaw global commercial tyre operations, and his current COO role at Bob Sumerel Tyre Co. Recognised for his strategic acumen and operational expertise, Schroeder has successfully guided organisations through complex challenges including mergers, technological transformations and market expansions.

Since joining TIA's Board in 2021, Schroeder has made significant contributions to the association's initiatives. His deep understanding of industry dynamics, combined with a proven track record in supply chain optimisation, sales leadership and product development, positions him well to help steer TIA through evolving market conditions. This appointment reflects the association's commitment to strong governance and forward-looking leadership as it addresses the tyre industry's most pressing challenges and opportunities.

Schroeder said, “I’m honoured to be elected Secretary of the Tire Industry Association. It’s a privilege to serve an organisation that plays such a vital role in supporting our industry’s growth, integrity and innovation. I look forward to working alongside my fellow board members to advance initiatives that strengthen our membership and elevate the standards of the tyre industry as a whole.”

Comments (0)

ADD COMMENT

Link Copied!

Vaculug, Europe’s largest independent tyre retreader, has reached out to the Net Zero All-Party Parliamentary Group (APPG) to offer its expertise in supporting the UK’s transition to net zero. In a formal letter, the company expressed its commitment to advancing sustainable transport solutions through its circular economy approach to tyre retreading.

As a leader in emission reduction, Vaculug highlighted how its retreading process significantly cuts waste and lowers the carbon footprint of commercial fleets. The company believes its scalable, eco-friendly solutions can play a key role in helping the UK meet its climate targets.

Vaculug has invited collaboration with the APPG to demonstrate how retreading supports sustainable transport and contributes to a greener future. The company looks forward to further discussions on how it can assist in the nation’s net zero transition.

Comments (0)

ADD COMMENT

Link Copied!

Tyrecycle and Dampier Salt have entered into a collaboration to provide sustainable solutions for end-of-life tyres.

Several trucks of tyres will be transferred to Tyrecycle's East Rockingham site each week for processing, where they will be recycled into a variety of products, thanks to the partnership between Tyrecycle, Centurion and Dampier Salt. Tyrecycle assists Dampier Salt Ltd in achieving this by offering a completely compliant, safe and sustainable solution for recycling used tyres, guaranteeing that they are kept out of landfills and converted into useful materials in accordance with environmental laws and the company's sustainability objectives.

Ashley Battilana, Head of Trading, Mining & Strategic Development, Tyrecycle, said, “More mining companies are recognising the importance of managing their waste streams responsibly, and we’re here to work alongside them to deliver solutions for their end-of-life tyres. They know that responsible management of their end-of-life tyres is an important part of best practice operations.”

Daniel Broomhall, Supply Supervisor, Dampier Salt, said, “This partnership will help to reduce our stockpile of end-of-life tyres, lowering the risk of uncontrolled movement and fire hazards. It also supports our commitment to waste reduction by ensuring tyres are responsibly recycled, while improving the overall safety and housekeeping standards across our site. When you add to that the sustainability aspect of recycling our tyres, it’s a move that makes sense for us and we look forward to seeing where this partnership could progress to in future.”

Comments (0)

ADD COMMENT

Link Copied!

Scope has reaffirmed Michelin's Long-Term Issuer Default Rating (IDR) at 'A' with a stable outlook on 11 July 2025, citing the company's robust business risk profile and strengthening credit metrics. This follows Moody's 9 July unsolicited rating affirmation of 'A2' with a Stable outlook, which highlighted Michelin's industry-leading margins supported by its premium brand positioning and innovation leadership.

Both agencies recognise Michelin's financial stability and competitive advantages in the global tyre market. The consistent 'A'-range ratings across major agencies demonstrate Michelin's resilient performance despite challenging market conditions, reinforcing its position as one of the most creditworthy players in the automotive supply sector.

Comments (0)

ADD COMMENT

Link Copied!

Sime Motors, the foremost automotive leader in the Asia Pacific region, has entered into a collaboration with Evergreen Corporate Sdn. Bhd. to launch a groundbreaking zero-waste tyre recycling programme, setting a new benchmark for environmental responsibility and industry innovation in Malaysia. The initiative will be implemented nationwide across all Sime Motors dealerships in Peninsular Malaysia starting 1 July 2025.

Under this initiative, used tyres collected from Sime Motors’ service operations – including brands like BMW, MINI, Ford, Hyundai, Jaguar Land Rover, Volvo, BYD, Denza, Drivecare and Auto Selection – will be processed at Evergreen Corporate’s facility using Advanced Thermal Recovery Green Technology. This cutting-edge method ensures 100 percent material recovery with minimal emissions, converting waste into valuable industrial resources such as carbon black, fuel oil and recovered steel. Evergreen Corporate’s commitment to sustainability is further validated by its ESG Gold rating from MARC (Malaysian Rating Corporation Berhad), highlighting its excellence in eco-conscious waste management.

Aligned with Department of Environment (DOE) guidelines, the partnership reinforces national ESG and sustainability goals. As a socially responsible corporation, Sime Motors is dedicated to reducing its environmental footprint through practical, customer-centric solutions that benefit both communities and the planet.

Jeffrey Gan, Managing Director – Southeast Asia, Sime Motors, said, “This programme reflects our commitment to sustainability and innovation in waste management. With Evergreen Corporate’s advanced capabilities, we’re proud to lead the zero-waste tyre recycling within the industry.”

Wan Afif Azizul, CEO, Evergreen Corporate, said, “This partnership is a significant milestone not just for Evergreen, but for the future of green technology in Malaysia.”

Kwan Meng Kian, Co-Founder, Evergreen Corporate, said, “We are constantly working to innovate and advance tyre recycling technology, and we are honoured to partner with Sime Motors to drive Malaysia’s green economy forward. This collaboration not only addresses the challenge of tyre disposal but does so using a solution that is clean, scalable and future-ready.”

Comments (0)

ADD COMMENT

Link Copied!