The International Rubber Study Group (IRSG) introduced its new Secretary General, Professor Joseph Adelegan, today. Professor Adelegan officially took up the post of Secretary General on 1 December, 2022.

IRSG claims that Professor Adelegan is a C-Suite Executive and an international development expert. He is also a professor of Practice of Environmental Science and Engineering, and a practitioner-scholar in management, with over three decades of professional trajectory across 20 African countries, Europe and the United States. According to IRSG, his work experience spans several organisations, including the United Nations, development finance institutions, international organisations, government, non-governmental organisations, education, innovation and research institutions, among others.

He has extensive experience in the sustainable investment, disruptive innovation and circular economy of the elastomer products. IRSG states that he has held senior roles at the United Nations as the team lead for the Global Circular Economy Program of the United Nations Technology Innovation Lab at the first European Lab in Finland, and as a Senior Advisor at the United Nations Office of Project Services in Denmark.

Professor Adelegan was the Division Chief at the Office of the Vice President of the ECOWAS Bank for Investment and Development, an international development financial institution established by ECOWAS Treaty and covering 15 ECOWAS countries. As per IRSG, he was a representative of Africa and the Middle East at the Climate Investment Trust Fund at the World Bank, Washington DC, United States. His portfolio has included programs and projects funded by the European Union, World Bank, Green Climate Fund, Climate Investment Fund, African Development Bank, ECOWAS, African Union, NEPAD Agency, Foreign and Commonwealth Development Office (FCDO), Australian Aid, several United Nations agencies and funds among others.

IRSG claims that Professor Adelegan has held several board appointments, created strategic partnerships and mobilised resources from development agencies, development finance institutions and several donor agencies. He was a member of the World Economic Forum Global Agenda Council, Geneva, Switzerland and Non-Executive Director of the European Sustainable Development Organization, among others. 

Plus, according to IRSG, he was a professor of Environmental Science and Engineering at Universities in Africa, Europe and North America. He was a Professor of the Practice of Civil and Environmental Engineering at the University of Venda, South Africa. IRSG states that he is also a visiting professor of Water and Energy Engineering at the Pan African University, Institute of Water and Energy Sciences (including Climate Change), Tlemcen, Algeria, established by the African Union. He was a visiting professor of Environmental Management at the Commonwealth University, London, United Kingdom as well. As per IRSG, he is a professor of Environmental Leadership at the Missional University, North Augusta, South Carolina, United States.

Furthermore, Professor Adelegan is a recipient of several global awards. These include the 2006 Young Global Leader of the World Economic Forum, Geneva, Switzerland; recognition in 2007 as an Inventor Social Entrepreneur and Ashoka-Lemelson Fellow by the Ashoka Innovators for the Public and the Lemelson Foundation based in the United States; 2009 Technology Pioneer of the World Economic Forum, Geneva, Switzerland; 2009 Technology Award Laureate and Prize Recipient of the Technology Museum of Innovation, San Jose, California, United States; 2010 Member of the Crans Montana Forum of New Leaders of Tomorrow, Geneva, Switzerland and 2010 Member of the Clinton Global Initiative, New York, United States, among others.

IRSG claims that he is in high demand as a regular speaker at international conferences in Africa, Asia, Europe, South America, North America and Australia. He has made appearance in CNN as 2008 Principal Voices on the ‘Economics of Energy’ by CNN in association with Shell, Times and Fortune Magazine. According to IRSG, he has travelled to over 120 countries in this regard. Besides, he has written over 30 publications on several topical issues.

As for his qualifications, IRSG states that Professor Adelegan earned two Doctorate Degrees. He earned a Doctor of Business Administration (DBA) from the Case Western Reserve University, Cleveland, Ohio, United States. He also gained a Doctor of Philosophy (PhD) in Civil and Environmental Engineering from the Nigerian Premier University of Ibadan, as per IRSG. He is an alumnus of a number of executive programs, including the United Nations University, Tokyo, Japan; the University of California, Berkeley, United States; Santa Clara University, Santa Clara, California, United States; John F Kennedy School of Government and the Harvard Business School, Harvard University, United States, among others.

IRSG claims that Professor Adelegan is a seasoned and rounded professional with broad experience and extensive global networks. He will be building strategic partnerships and provide intellectual leadership to position IRSG as the knowledge hub and repository centre for the world rubber industry.

Comments (0)

ADD COMMENT

Link Copied!

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.

Comments (0)

ADD COMMENT

Link Copied!

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.

Comments (0)

ADD COMMENT

Link Copied!

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.

Comments (0)

ADD COMMENT

Link Copied!

Hankook Tire is advancing its future mobility leadership through strategic open innovation and collaborative design projects. This effort was showcased at the company’s recent Design Innovation Day 2025, held at its Pangyo Technoplex headquarters. The event serves as a platform to present new solutions integrating sustainability, innovation and design while reinforcing partnerships with global technology leaders.

A major focus was the unveiling of two key outcomes from Hankook’s ongoing Design Innovation Project. The first was ‘Sustainable Concept Tyre’, an embodiment of the company’s ESG vision. Developed using advanced 3D printing technology, it is constructed from renewable and recycled materials. Its distinctive organic design was realised in collaboration with Harvestance using specialised engineering software.

The second reveal was the WheelBot 2, a multi-directional mobility platform developed with robotics startup CALMANTECH. This advanced robotic wheel system, equipped with tri-axial spherical tyres, demonstrates new possibilities for movement. Its potential was illustrated through a live demonstration of the PathCruizer, a two-seater pod concept powered by the WheelBot technology.

Beyond product reveals, the event highlighted Hankook’s commitment to knowledge sharing, featuring a presentation on 3D printing advancements from LG Electronics. These collaborations are central to Hankook’s strategy of strengthening its technology leadership. Since 2012, the company has partnered with world-renowned design universities and technology firms, consistently earning prestigious international design awards and solidifying the premium stature of its global brand.

Comments (0)

ADD COMMENT

Link Copied!