Hankook Tire has announced the establishment of a corporate governance charter to enhance transparent ESG management and to lay the groundwork for the company’s sustainable business. The company said in a statement that the charter was approved at the board meeting held on May 9. 

The corporate governance charter will ensure professionalism and independence of the board and promote the rights and interests of all stakeholders including shareholders, consumers, and members. It contains regulations on the rights and responsibilities of shareholders, roles and operations of the board, a structure of audit institutions, protection of rights of stakeholders, and disclosure. The content will be accessible to all shareholders on Hankook Tire’s official website as well as on Korea’s Financial Supervisory Service’s (FSS) Data Analysis, Retrieval and Transfer System (DART), the release said. 

Last July, the ESG committee was launched within the board of directors to strengthen the company’s ESG management strategies and activities. Currently, five operating units are affiliated within the board including the ESG committee, audit committee, outside director nomination committee, sustainable management committee, and internal transaction committee. 

The company said in an effort to enhance the expertise and function of the board, the committee has been set to consist of three or more directors, with a majority of its members from outside the board. In the case of the ESG committee, Mira Lee, a female leader with extensive experience in corporate governance practices from global companies such as General Electric (GE) and Macquarie Group, was selected as the first chairman. The committee, including the chairperson, is consisted of seven inside and outside directors. 

Sooil Lee, President and CEO of Hankook Tire & Technology, said, “Hankook Tire has met many milestones in fulfilling its responsibilities and roles as a top-tier ESG company, and is saving no efforts to reach sustainable growth in areas of economy, environment, and society. Following the enactment of the charter, Hankook Tire plans to establish sound governance with objectivity and transparency, and strengthen its ESG leadership.” 

Hankook has been improving its ESG capabilities by not only setting up the ESG committee but also by sharing its vision of sustainability and publishing its annual ESG Report since 2010, the release pointed out. Hankook earned the highest score in the auto components group in the Dow Jones Sustainability Indices (DJSI) World, and was included in the DJSI World for the past six years starting from 2016, it added. (TT)

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Avon Tyres will make its second consecutive EICMA appearance this year, using the Milan show to unveil a refreshed motorcycle range and a renewed brand identity to a global audience of riders and trade visitors. The company will occupy Hall 9, Booth U65 at Fiera Milano between 3 and 8 November.

The exhibit reflects Avon's ‘made to be different’ philosophy and presents a focused portfolio spanning sport, touring, adventure, cruiser and classic segments. Avon's return also signals progress within Goodyear's motorcycle portfolio, where, since joining the family of brands in 2022, it has paired longstanding heritage with a modern product strategy and upgraded manufacturing.

Four flagship tyres anchor the display: the Spirit ST for sport-touring, the 3D Supersport for hypersport riders, the Roadrider MKII for classics and the Cobra Chrome for cruiser, touring and custom applications, the latter now offered in additional sizes. They are joined by the Trailrider 2, a new adventure-touring tyre launching in January 2027 that carries the ‘made to blaze your own trail’ message, targets an 80:20 road-to-off-road mix and will come in at least 20 sizes for popular adventure bikes.

Together with the existing Trekrider and Streetrunner, the lineup forms Avon's most comprehensive public display of its motorcycle portfolio to date. EICMA, which drew over 600,000 visitors last year including nearly 43,000 trade professionals from 167 countries, gives the brand a truly global stage for engaging riders, dealers and partners. Public-day attendees can also meet stunt rider Rok Bagoros at the stand on Friday 6 November at 11:30.

Roberto Finetti, Marketing Manager Motorcycle Europe, Goodyear, said, “We’re looking forward to speaking with riders and partners at EICMA about our continued growth plans for Avon. EICMA is the world’s largest motorcycle exhibition and provides the ideal place to showcase our refreshed identity and tyre range under the ‘made to be different’ philosophy.”

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Kumho Tire USA has announced that its driver Jack Shanahan finished third overall in the 2026 Formula DRIFT PRO Championship, concluding a strong second season with a runner-up result at Round 8, the Shoreline Showdown, held in Long Beach, California. Competing on KUMHO Ecsta V730 tyres, Shanahan entered the season finale as the top qualifier and recorded his fourth podium of the year in his E82 BMW.

After securing first place in qualifying, Shanahan collected four championship points and received a bye through the Top 32 round. He then won three head-to-head battles to reach the Finals, where he met five-time PRO Champion James Deane in a tightly fought contest. While attempting to stay close to Deane’s Mustang, Shanahan spun in Zone 6 and ultimately took second place at the Shoreline Showdown.

The KUMHO Ecsta V730 is an extreme-performance summer tyre designed to deliver exceptional grip, responsiveness and consistency in demanding track conditions, making it well suited to competitive motorsports and driving enthusiasts.

Ed Cho, CEO, Kumho Tire USA, said, “Jack has delivered an outstanding season, and we couldn’t be prouder of what he’s accomplished in just his second year competing in Formula DRIFT. His four podium finishes and third-place championship standing are a testament not only to his talent and determination but also the reliable performance of our Ecsta V730 tyres. We’re proud to support Jack as he continues to establish himself among the sport’s top competitors.”

Shanahan said, “What an incredible year it’s been for our small but mighty team. To finish second at the final round and third overall in the championship exceeded all our expectations heading into the 2026 season. Having the grip, consistency and reliability of the KUMHO Ecsta V730 tyres gave me the confidence to push my limits every round and I couldn’t be prouder of what we’ve achieved together.”

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The all-new Vredestein Quatrac Pro 2 premium ultra-high-performance all-season tyre has had its class-leading capabilities confirmed through independent testing in Spain and Finland. The tyre established new benchmarks for wet braking and recorded the fastest snow handling lap times against four leading all-season rivals.

Testing in Finland at the UTAC winter facility used a sensor-equipped BMW 5 Series to measure speed and lap times, with all tyres subjected to identical procedures. The Quatrac Pro 2 achieved the quickest snow handling lap, showing exceptional grip, balance and controllability, which testers praised for excellent response and stability in all circumstances. Its snow performance is aided by 3D interlocking sipes at the shoulder, whose zig-zagged inner faces in horizontal and vertical planes limit tread block movement.

In Spain, Applus+ IDIADA assessed dry and wet handling and braking on certified asphalt with defined water depth. The tyre outperformed key competitors in wet conditions, delivering a 7 percent wet-braking advantage over one long-established segment rival, and separate testing confirmed an A wet-grip rating across the entire size range, unique in the UHP all-season segment. Four longitudinal grooves in every size, also unique in the category, plus directional lateral grooves, support water evacuation and aquaplaning resistance.

Compared with its predecessor, abrasion resistance has improved by 8 percent to maximise tyre life, while rolling resistance is reduced by 10 percent to boost driving range, underlining suitability for electric vehicles. The Quatrac Pro 2 is available now for wheel diameters from 17 to 24 inches, with section widths up to 355 mm for powerful passenger vehicles.

Daniele Lorenzetti, Chief Technology Officer, Apollo Tyres Ltd, said, “Vredestein has long been recognised for its premium all-season tyres, and these independent tests reinforce that reputation. The Quatrac Pro 2 delivered exceptional grip and traction against other premium competitors while also improving efficiency and longevity compared with its predecessor.”

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Sri Trang Group secured dual honours at the SET Awards 2026, hosted by the Stock Exchange of Thailand, reinforcing its sustainability credentials. Sri Trang Agro-Industry Public Company Limited (STA) took home the Highly Commended Supply Chain Management Award. Its affiliate, Sri Trang Gloves (Thailand) Public Company Limited (STGT), earned a Sustainability Recognition within the Sustainability Excellence category. Together, the accolades signal the Group's push to elevate business standards and generate lasting value across its entire value chain.

The awards were presented on 29 October 2026 at the Stock Exchange of Thailand building. STA Executive Director Vitchaphol Sincharoenkul collected the supply chain honour from Professor Kitipong Urapeepatanapong, Chairperson of the Stock Exchange of Thailand. STGT Chairman of the Executive Committee Vitanath Sincharoenkul accepted the sustainability certificate from Dr. Chaiyawat Wibulswasdi, Chairman of the SET Panel of Experts.

STA's award recognises supply chain management that is efficient, transparent and traceable at every stage, from raw material sourcing and production through transportation to final customer delivery. The company also collaborates with farmers and business partners via the Sri Trang Friends platform, sharpening operational efficiency and bolstering local economies while meeting international environmental and responsible sourcing requirements. STGT operates under the Clean World Clean Gloves concept, weaving sustainability through its value chain by manufacturing to established quality standards, using resources wisely, safeguarding employee health and safety, respecting human rights and maintaining transparent risk management and governance, thereby building confidence among customers, partners, investors and staff.

The Group continues to embed environmental, social and governance principles in its strategies, deepening collaboration with value chain stakeholders to produce measurable sustainability results. Recognition at the SET Awards 2026 affirms this direction, spurs greater competitiveness and strengthens Sri Trang Group's role in steering the natural rubber and rubber gloves industries toward stable and sustainable growth.

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