Getting Down To Tyre Business

Getting Down To Tyre Business

But Christine Zhang, CEO of NAMA Tires, is among ‘that’ 8 percent of women who made their way up the male-dominated industry of automobiles. She talks to TyreTrends about her experiences while blazing her way to the CEO chair of one of the top tyre companies in Southeast Asia.

Zhang joined the tyre industry right after graduating from university. She credits her Thai background for her inclination towards the tyre industry. She said, “We are Thai people. We have tyre blood. I believed it was better not to change to other business as one, it is a great industry, and two, the relationship with customers from different customers had already been set by others. The link was already established.” 

When asked about her secrets to becoming a CEO in this industry, Zhang laughs and describes her hectic schedule of working 14-16 hours a day, travel commitments and other work commitments she must fulfil while playing the part. She believes hard work and dedication is what is required to get to the top, regardless of gender or age. However, in all good conscience, she believes that women are more dedicated and are better at handling huge responsibilities as they are conditioned to do so from a very young age in society. She says that with the right education, they might even bring to the table a lot more than any man. 

Zhang walks the talk as NAMA currently boasts of having a 60 percent women workforce and further encourages more women to enter the company by providing more human care such as flexible work schedules, especially for pregnant and lactating women. 

NAMA Tires was founded in 1999, and during the 90s and early 2000s, the major change experienced by the company was the added production of radial tyres along with that of the bias tyres. With the company entering the Industry 4.0 automation revolution, Zhang believes that people no longer view Chinese products as merely economical products. The Chinese tyre-makers have also begun making intelligent tyres to keep up with trends and have begun gaining a reputation beyond their low-end OEM manufacturing. She further adds that nowadays, many US and China made tyres are made of similar quality raw materials. Even at the equipment level, many Chinese brands have raised their bar to global standards and are doing good globally, she confirms. 

Zhang credits her team and the company’s customers for the 22-year journey the company has led so far. But things have not come easy. Anti-dumping and anti-subsidy charges and trade barriers by the US have caused various bumps along the way. Zhang recollects setting up the production base in Southeast Asian countries like Thailand and Vietnam, three years before the duties were imposed, as one of the wisest decisions for the company. She says that the company is always prepared and will always adhere to the laws of vigilance and regulations. She adds that the Covid-19 period also led to a difficult time as most of the products are sold internationally. NAMA sought online meetings with customers and localisation of employees as an alternative during the difficult period.

The company currently has its production bases in Vietnam and Thailand and is looking to expand its setup to Europe and Cambodia to satisfy the increasing customer demand. Around 60 percent of the company’s products are sold to US wholesale and retail distributors. The remaining 40 percent is distributed among the regions of Asia, the Middle East and Africa. The company hopes to receive more sales from its upcoming online retail platform. With the EV mobility trend catching up, the company will be looking into the production of EV specific tyres in the coming years. “We always keep an eye out for the latest technologies in the tyre world and try to implement them as soon as possible. Currently, we have many exclusively designed tyres and other technologically advanced tyres, such as our run-flat tyres that can run 500 kilometres with zero pressure, and a wide range of tyre sizes.” (TT)

Nynas Joins Collaborative Research On Tyre Wear Particles

Nynas Joins Collaborative Research On Tyre Wear Particles

With the rise of electric vehicles reducing exhaust emissions, attention is shifting to non-exhaust emission like Tyre and Road Wear Particles (TRWP). These microscopic particles, generated from tyre and road surface friction, are a growing environmental concern and will be addressed in the upcoming Euro 7 emissions standard. To tackle this challenge, Nynas has joined a major research consortium coordinated by the Royal Institute of Technology (KTH), alongside Volvo Cars, Scania and the Karolinska Institute.

The project aims to close a significant scientific knowledge gap by thoroughly investigating the formation, characteristics and environmental impact of TRWP. Nynas contributes a unique dual perspective to this interdisciplinary effort, bringing deep expertise in both tyre rubber compounds and bitumen-based road materials. Pär Nyman, Technical Manager – Tyre & Chemical Industries, Nynas, represents the company in the project alongside the company’s Chief Scientist, Dr Xiaohu Lu, who brings extensive expertise in bitumen and asphalt to the collaboration. A key focus will be understanding how different materials contribute to wear mechanisms.

The research scope extends beyond particle analysis to include measuring the rolling resistance of various tyre and bitumen combinations, a parameter directly linked to vehicle energy efficiency and greenhouse gas emissions. By uniting industry and academia, this collaboration is poised to drive innovation and set new benchmarks in sustainable mobility research.

Pär Nyman, Technical Manager – Tyre & Chemical Industries, Nynas, said, “While Sweden lacks domestic tyre manufacturers, Nynas' research capabilities fill that gap by providing foundational insight into the chemistry and physics behind TRWP generation. Nynas' rubber and asphalt labs are at the heart of this contribution. One of the core insights driving this initiative is that wear particles cannot be fully understood by analysing tyres or roads in isolation. It's the interaction – the system – that matters. By studying both tyre composition and road structure, the project aims to develop a holistic view of TRWP formation, dispersion and toxicity. At Nynas, we are excited to contribute our unique knowledge of materials to help solve an important challenge for both the environment and human health. Through collaboration and scientific inquiry, we aim to pave the way for cleaner roads and cleaner air – one particle at a time.”

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.