Lal Karsanbhai Appointed as Emerson CEO
- By TT News
- February 02, 2021

Emerson appointed Lal Karsanbhai, executive president of the company’s Automation Solutions business since 2018, as the CEO of the company.
Karsanbhai replaces David N. Farr, who retires on February 5.
The company said Karsanbhai has led Automation Solutions to strong performance, elevating Emerson’s software profile and digital transformation business.
Farr, who was named CEO in 2000 and chairman of Emerson’s board of directors in 2004, will remain as chairman through May 4. Over his two decades at the helm of the $16.8 billion global company, Farr has led Emerson through multiple strategic evolutions to grow the company’s global footprint, stay ahead of changing market conditions and advance the organization’s capabilities and competitiveness on the worldwide stage, added the company.
“David is a tremendous leader who has brought the company through difficult times – 9/11, the dot-com bubble, the Great Recession and now a global pandemic – with conviction and an unwavering belief in the strength of Emerson,” said Clemens A.H. Boersig, lead independent director of Emerson’s board. “Emerson has a long history of strong leaders in the corner office, with David being just the third CEO in the last 66 years. We wish him the best in his retirement and are grateful to have his expertise in the coming months as chairman of the board.”
Under Farr’s leadership, Emerson has transformed from a component manufacturing company to an industrial software leader with a singular purpose uniting nearly 85,000 employees: “We drive innovation that makes the world healthier, safer, smarter and more sustainable.” Farr built on the company’s longstanding disciplined management strategy, making it one of the few companies to increase its dividend to shareholders for 64 consecutive years.
Farr joined Emerson in 1981 in a corporate staff position and progressed through corporate and business unit management positions with increasing responsibility before being appointed president of Emerson’s Asia-Pacific operations in 1993. After four years in Hong Kong, Farr returned to the United States in 1997 to oversee Emerson’s process control business. He was appointed chief operating officer in 1999, a position he held until being named CEO.
“I have had the opportunity to work alongside Lal during his 25-year career at Emerson and have observed his strengths and proven skill as a seasoned leader with a deep understanding of both business operations and the markets we serve,” Farr said. “The board of directors has been actively engaged throughout our five-year succession process, and we are confident Lal is well-positioned to continue building on Emerson’s legacy of success.”
Karsanbhai, who is currently a member of Emerson’s Office of the Chief Executive, leads a business with $11.2 billion in global sales in 2020. The Automation Solutions business offers advanced technologies, software and services to process, discrete and hybrid businesses in industries that include life sciences, power, energy, food and beverage, and water and wastewater.
“I am humbled by the Emerson board and David’s confidence in me,” Karsanbhai said. “This is an exciting time for the organization as we continue growing Emerson’s global software footprint and expanding the company’s support of essential industries. I am honored to carry the legacy of Emerson’s leadership into the future and look forward to working with the Office of the Chief Executive to drive these vital goals.”
Doublestar Tires Continues To Lead Chinese Tyre Brands With 116 Billion Yuan Brand Value
- By TT News
- June 27, 2025

On 18 June, the prestigious 22nd ‘World Brand Conference and Release Ceremony of China's 500 Most Valuable Brands’ was held in Beijing, organised by the World Brand Lab. Demonstrating its industry leadership, Doublestar achieved an impressive brand valuation of CNY 116.208 billion (approximately USD 16.21 billion), securing the 93rd position overall and maintaining its position as the highest-ranked Chinese tyre brand for yet another year.
This recognition underscores Doublestar's strong market presence and consumer trust, built on decades of innovation and quality craftsmanship. Moving forward, the company has committed to strengthening its brand influence through continuous technological advancement and sustainable development. By focusing on research and production of safer, smarter and more environmentally friendly tyre solutions, Doublestar aims to not only meet evolving market demands but also drive the high-quality growth of China's tyre industry.
- Continental Tires
- ISCC PLUS Certification
- International Sustainability and Carbon Certification Plus
- Sustainability
Continental Receives ISCC PLUS Certifications For All European Tyre Plants
- By TT News
- June 27, 2025

Continental Tires has achieved a major sustainability milestone with all its European tyre production facilities now certified under the International Sustainability and Carbon Certification (ISCC) PLUS standard. The certification extends to plants in Lousado (Portugal), Puchov (Slovakia), Korbach (Germany), Sarreguemines (France), Otrokovice (Czech Republic) and Timișoara (Romania), along with the supporting Industria Textil do Ave textile plant in Portugal. The company's Hefei facility in China has also earned this recognition, expanding Continental's sustainable manufacturing network globally.
The ISCC PLUS certification verifies Continental's compliance with rigorous traceability and documentation requirements for renewable and recycled materials used in tyre production. This system enables the company to track sustainable inputs throughout the manufacturing process using the mass balance approach, which allows gradual incorporation of eco-friendly materials while maintaining existing production systems. Continental is currently increasing its use of certified materials, including bio-based synthetic rubbers and circular-process carbon black, as part of its strategy to include over 40 percent sustainable materials in tyres by 2030.
As a globally recognised standard established in 2010, ISCC certification promotes climate-friendly, deforestation-free supply chains across multiple industries. It covers sustainable biomass, recycled materials and renewable resources, providing a framework for transparent, responsible sourcing. For Continental, this achievement represents both a validation of current sustainability efforts and a foundation for future innovations in eco-conscious tyre manufacturing. The company's growing network of certified facilities demonstrates its commitment to reducing environmental impact while maintaining product quality and performance standards across its global operations.
Jorge Almeida, head of Sustainability for Continental Tires, said, “The ISCC PLUS certification of all our European tyre plants is an important milestone and a strong signal for a more sustainable industry in Europe. But we're not stopping there. Our plants in other regions will follow step by step, like our Hefei plant, which is already certified. We have a strong ambition to make our tyre production more sustainable worldwide across our entire supply chain.”
Bandvulc Expands Wastemaster 5 Tyre Range
- By TT News
- June 27, 2025

Bandvulc has expanded its Wastemaster 5 tyre range with a new 315/70 size, enhancing options for urban waste collection and recycling vehicles. Originally launched in 2021, this robust tyre boasts a high load rating and is manufactured at ContiLifeCycle’s Ivybridge facility in Devon, which produces Bandvulc and ContiRe retread tyres.
The Wastemaster 5 incorporates ARMORBAND technology, featuring a reinforced rubber layer along the sidewall to resist scrubbing damage and prolong tyre life. Its advanced tread design includes wide zig-zag grooves for mud and water clearance, stone ejection features, stepped blocks and deep sipes for superior traction in tough conditions. This upgrade reinforces Bandvulc’s commitment to durability and performance in demanding waste management operations.
Eurogrip Tyres Opens Two New Chennai Retail Stores
- By TT News
- June 27, 2025

Eurogrip Tyres, India’s top 2 & 3-wheeler tyre brand under TVS Srichakra Ltd, today launched two exclusive retail stores in Chennai – at Selaiyur and Villivakkam. These outlets will stock a full range of two-wheeler tyres, tubes and biking accessories like helmets, alongside offering tyre care, puncture repair, fitment services and engine oil changes.
Catering to scooters, commuter bikes, performance bikes and superbikes, the stores provide diverse tyre patterns and sizes. They will also handle warranty claims for customers. The Selaiyur store is located at J C Group, Plot no 3, Agaram Main Road, Chennai - 600 073, while the Villivakkam outlet is at ST Enterprises, Old no 39E/New no 103, MTH Road, Chennai - 600 049. These expansions reinforce Eurogrip’s commitment to premium service and accessibility.
T K Ravi, COO, Eurogrip Tyres, said, “We are happy to reach out to more customers through our new branded retail stores. In a city that has a bustling two-wheeler vehicle population, there is a need to have more outlets to expand our network. Chennai is an important market for us, and we had opened our first branded retail store in Velachery last May. The response from customers and riders has been encouraging and we are happy to be launching 2 more stores in the city – this will help bolster our brand strength here. We plan to have more such signature stores in different cities to make our products and services easily accessible to customers.”
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