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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Hankook Tire is set to exhibit at IAA Transportation 2026, the world’s premier commercial vehicle trade fair, taking place in Hannover, Germany, from 15 to 20 September. The company will present its newest truck and bus radial (TBR) tyre technologies and products at the event.

Since first appearing at the exhibition in 2010, Hankook Tire has now participated in its commercial vehicle segment six times, including this year. IAA Transportation gathers leading global automakers and suppliers to display cutting-edge technologies and mobility solutions.

The company’s display will feature its SMARTEC-based portfolio for trucks, trailers and buses. SMARTEC, an advanced TBR technology system, targets five performance areas: safety, mileage, anti-chip and cut resistance, retreadability and braking. New products developed for trailers and heavy-duty cargo trucks and tractors in winter conditions will also debut. Application-specific lines include Smart Line for long-haul transport, Smart Flex for regional and long-distance use and e-SMART City for electric city buses.

Hankook Tire will further present fleet operation solutions such as the Laufenn LF95+ trailer tyre, the Alphatread retread tyre solution and the Hankook Smart Fleet tyre management system. Future mobility innovations will be shown through two Design Innovation Project outcomes: a 3D-printed Sustainable Concept Tyre and WheelBot 2, which has a three-axis spherical tyre structure.

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The British Tyre Manufacturers’ Association (BTMA) has secured a one-year mandate to represent Europe’s national tyre trade bodies on the Tyres Europe Board of Directors. The decision was made during the first meeting of the newly created National Associations Leadership Council, a body intended to improve coordination between national and European industry representatives.

The Council includes associations from UK, Spain, Italy, France, Poland, Hungary, Czechia, Slovakia, and the Netherlands. It will serve as a platform for exchanging views on sector-wide issues, identifying matters of broader European significance and feeding national perspectives into Tyres Europe’s discussions.

As the Council’s chosen representative, BTMA Chief Executive Darren Lindsey will relay shared priorities to the Board and report back on relevant outcomes. For BTMA members, this offers earlier and more detailed insight into European-level discussions, plus a direct route to raise UK concerns on trade, enforcement, end-of-life tyres and product regulation in Brussels alongside eight other national markets.

Lindsey said, “This is a genuine step forward for the national associations, and the BTMA is grateful for the confidence its European colleagues have shown in asking us to hold the seat. Our job over the next year is a simple one to describe and a demanding one to do well: to make sure the Board hears not just the UK view, but the common thread running through nine national markets and to bring back what we learn so that every association benefits. Members need to understand the associations they belong to and the value those associations create, and where that picture is changing it should be discussed at Tyres Europe level as part of our collective strategic thinking, not in isolation. That culture of open exchange is what this Council exists to build.”

Adam McCarthy, Secretary General, Tyres Europe, said, “The Leadership Council strengthens the mutually beneficial exchange of information between Tyres Europe and the national associations. National insights can better inform discussions at European level, while associations gain a clearer view of relevant EU developments. This closer two-way exchange will support more coordinated and effective representation of the sector.”

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Blackcircles.com has become a member of the National Tyre Distributors Association (NTDA), deepening its engagement with the UK tyre trade. The NTDA represents businesses spanning retail, wholesale, distribution, mobile fitting, manufacturing, retreading and recycling, along with the broader automotive aftercare sector.

The move marks a further step in Blackcircles.com’s efforts to forge closer industry relationships and help shape conversations about the sector’s direction. Membership offers a chance to share its digital tyre retail expertise with the wider trade while drawing insight from companies active in different parts of the market.

Since its 2001 launch, Blackcircles.com has changed how motorists purchase tyres, merging online ordering with a nationwide network of independent fitting partners. As UK’s leading online tyre retailer, it now links customers to a broad selection of tyres and fitting choices.

NTDA involvement will support greater participation in discussions on industry standards, professional development, regulation and tyre safety. Blackcircles.com has long valued fitters and independent garages, and the membership reinforces that connection as the trade confronts evolving vehicle technology, electric vehicle growth, sustainability pressures and shifting customer expectations.

Michael O’Connor, Chief Operations Officer, Blackcircles.com, said, “Joining the NTDA is an important step for Blackcircles.com and reflects our commitment to playing an active role in the wider UK tyre industry. Our business brings together the convenience of digital retail with the expertise of tyre professionals across the country, and we’re looking forward to working more closely with the NTDA and its members to share knowledge, strengthen relationships and support high standards across the sector.”

John Paterson, Head of Network, Blackcircles.com, said, “One of the real strengths of the NTDA is its ability to bring together businesses from across the tyre industry and give the sector a collective voice. As customer expectations, vehicle technology and the way people buy tyres continue to evolve, that collaboration becomes increasingly valuable. We’re excited to work alongside the NTDA and its members, sharing our experience in digital tyre retail while contributing to the conversations that will help shape the future of the industry.”

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Maxam Tire has introduced the MT152 Rubber Track, a new product featuring an enhanced Z-Lug design. This track is engineered to provide exceptional traction, durability and extended service life for compact track loaders operating in demanding environments.

Building on the proven performance of traditional Z-Lug rubber tracks, the MT152 combines aggressive traction with increased tread depth and a larger footprint. This design improves wear life without sacrificing performance. It is intended for construction, site preparation and general earthmoving applications, excelling in loose ground conditions while offering the stability and durability contractors rely on daily.

The MT152 features a heavy-duty carcass for enhanced machine stability and long-lasting structural integrity under demanding workloads. Its stepped tread pattern improves self-cleaning by allowing mud and debris to expel more efficiently, maintaining consistent traction throughout the workday. A cut and tear-resistant tread compound further boosts durability in harsh conditions, while the increased tread depth and optimized net-to-gross ratio deliver longer tread life and greater overall value.

Matt Fagan, Director – Research & Development, Maxam Tire, said, “The MT152 was developed to give equipment owners aggressive traction and the durability they need to maximise uptime. By enhancing the traditional Z-Lug design with a deeper tread, larger footprint and reinforced carcass construction, we’ve created a rubber track that delivers outstanding performance, extended wear life and dependable operation across a wide range of challenging jobsite conditions.”

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