Comerio Ercole Marks 140 Years with Major R&D Expansion
- By TT News
- May 26, 2025
Italian industrial machinery manufacturer Comerio Ercole SpA is celebrating its 140th anniversary this year whilst unveiling significant investments in research and development capabilities as the family-owned company seeks to strengthen its position in global polymer processing markets.
The Busto Arsizio-based firm, which exports 94 percent of its production worldwide and employs 250 people across its group operations, has published a commemorative 272-page book documenting its industrial journey from 1885 to 2025. The company was founded by Ercole Comerio, known affectionately as “Ul Balösu”, who launched the enterprise the same year he married Teresa Marcora.
Comerio Ercole will showcase two major technological developments at its main production facility on 6th June, opening its doors to institutional partners and industry stakeholders. The company is launching a new universal Industry 5.0 manufacturing centre alongside an expanded R&D technology centre featuring advanced experimental equipment.
“Our corporate DNA is based on deep respect for tradition and constant forward-looking drive within an evolutionary process that never stops,” said Riccardo Comerio. “Every day we face challenging and stimulating situations that push us to keep improving.”
The R&D expansion includes two new experimental machines - one for mixing and one for calendaring - equipped with cutting-edge longitudinal stretching units for thin sheets. The facility’s main laboratory operates as a “mini-factory” with a four-roll calendering line that can be reconfigured to three or five rolls depending on process requirements.
The enhanced laboratory features a dual-feeding system accommodating direct extrusion and feeding from mills and internal mixers. A second laboratory houses a calendering line designed for the embossing processes of films and nonwovens, offering up to 100 different patterns for material enhancement.
These investments are designed to bolster the company’s capacity to support customers in developing new polymer and elastomer processing techniques. Comerio Ercole’s R&D team provides project support through patent validation, underlining the firm’s focus on technology and service delivery.
Economic journalist Luciano Landoni, who authored the commemorative book's afterword, highlighted the company’s entrepreneurial example. “The entrepreneurial example of Comerio Ercole is highly motivating, especially for young people, who now more than ever need concrete signals based on competence, passion and vision," he said.
The company operates under the corporate structure of Comerio Ercole SpA a Socio Unico, with a share capital of €2.2 million, and is coordinated by Comerio 1885 Holding Srl SB. Its machinery serves customers in the polymer and rubber processing industries globally, and the firm maintains its headquarters at Via Castellanza 100 in Busto Arsizio, northern Italy.
Indian Rubber Institute Appoints Industry Veteran Vijay K Misra As Chairman
- By TT News
- December 30, 2025
The Indian Rubber Institute (IRI) has confirmed Vijay K Misra as its new Chairman following a formal election. With a distinguished career spanning nearly 50 years in the tyre and rubber sector, Misra possesses extensive expertise in technology, product development, international collaborations and major greenfield projects.
His deep industry connections and proven leadership are anticipated to steer the IRI through its next period of growth and enhanced impact. The Institute also formally acknowledged Misra's pivotal role in founding the Dr D Banerjee Centre of Excellence in Mysuru, a premier hub for advanced training and industry-academia synergy.
Concurrently, sincere appreciation was extended to outgoing Chairman Dr R Mukhopadhyay for his valuable guidance, as he continues to support the Institute in the role of Chairman Emeritus.
Sumitomo Rubber Restructures Top Management
- By TT News
- December 26, 2025
Sumitomo Rubber Industries, Ltd. has announced that its Board of Directors has approved a forthcoming change to its representative leadership at a meeting on 25 December 2025, pending formal ratification at the Annual General Meeting of Shareholders scheduled for 26 March 2026.
The shift is part of a planned reorganisation of the company’s management framework effective from that date. Under the new structure, current Director and Senior Executive Officer Yasuaki Kuniyasu is slated to be appointed as the new Representative Director, President and CEO. Concurrently, the present President and CEO, Satoru Yamamoto, is expected to transition to the role of Representative Director and Chairperson of the Board.
Yasuaki Kuniyasu, aged 56, began his career with the company in April 1992. His tenure includes significant leadership roles, such as General Manager of the Tyre Technology Headquarters and, from January 2023, General Manager of the Corporate Management Planning & Administration Department. He has served as a Director and Senior Executive Officer since March 2023 and held 8,400 shares in the company as of 30 June 2025.
This planned succession aims to establish a renewed executive team to guide the company forward under its new governance model.
Back-To-Back CDP 'A' Rating Cements Hankook Tire's ESG Leadership
- By TT News
- December 26, 2025
Hankook Tire has secured a top-tier ‘A’ rating from the Carbon Disclosure Project (CDP) in Climate Change category for the second year in a row, affirming its status as a global leader in environmental stewardship. The CDP assessment is among the world’s most authoritative benchmarks for corporate sustainability, evaluating governance, emissions reduction and transparency. Hankook’s achievement reflects its comprehensive approach to managing climate impacts throughout its entire value chain, from raw materials to end-of-life tyre management.
This recognition is underpinned by a robust, long-term strategy targeting net-zero emissions by 2050. In 2023, the company’s near-term 2030 goals and its 2050 net-zero ambition were formally validated by the Science Based Targets initiative (SBTi). Governance is central to this progress, with a dedicated Board-level Climate Change Committee ensuring climate risks and opportunities are integrated into core business decisions and that reduction progress is meticulously tracked and disclosed.
Operationally, Hankook is transforming its global production towards sustainable systems. It pioneered the International Sustainability & Carbon Certification (ISCC) PLUS in the tyre industry at its Geumsan Plant in 2021, a milestone since extended to facilities in Hungary and Daejeon. This establishes a certified framework for manufacturing sustainable tyres across consumer, original equipment and motorsport segments.
Complementing these efforts, Hankook is driving material innovation through strategic partnerships. The company is collaborating with firms like ROTOBOOST and Solvay to develop next-generation, low-carbon materials such as turquoise hydrogen-based carbon black and circular silica. It is also engaging in national research consortia to scale promising carbon reduction technologies. These initiatives are part of Hankook’s broader circular economy vision, branded E.Circle, which focuses on reducing fossil fuel dependence, conserving natural resources and systematically cutting carbon emissions.
Hankook’s leadership has garnered significant external validation. It earned the highest environmental accreditation from the Fédération Internationale de l’Automobile and was named one of the World’s Most Sustainable Companies of 2024 by TIME and Statista. Together, these accomplishments demonstrate how Hankook Tire is embedding sustainability into its corporate identity to build long-term value and industry-wide resilience.
GRI Tyre Wins Sustainability And Innovation Honours At Automechanika Dubai
- By TT News
- December 23, 2025
ULTIMATE GREEN XT tyre has won two awards at the Awards, receiving Sustainable Product of the Year and being Highly Commended in the Innovative Product of the Year category.
The awards were presented last week in Dubai and add to earlier recognition for the product, which received the Best Innovation in Sustainability award at in Chicago earlier this year.
The Sustainable Product of the Year and Innovative Product of the Year categories recognise products that demonstrate environmental responsibility and technological innovation in the global automotive and mobility industry. The judges cited the tyre’s use of environmentally friendly materials and its reduced environmental impact.
The ULTIMATE GREEN XT, identified by its green colour, has been developed with a focus on sustainability while maintaining performance, durability and safety standards. The Sustainable Product of the Year award reflects its contribution to more sustainable mobility solutions, while the innovation commendation highlights its design and engineering approach.
Automechanika Dubai is the largest international trade fair for the automotive aftermarket across the Middle East, Africa and South Asia, bringing together manufacturers, suppliers and industry leaders. Recognition at the event underlines the international profile of the ULTIMATE GREEN XT following its earlier award in the United States.
Barry Guildford, global commercial director of GRI Tires, said, “This recognition at Automechanika Dubai is a proud milestone for GRI. The ULTIMATE GREEN XT reflects our vision of delivering innovative tire solutions that support sustainability while meeting the evolving needs of our customers worldwide.”
GRI said it would continue to invest in research and development aimed at advancing sustainable tyre technologies, following the continued recognition of the ULTIMATE GREEN XT in international markets.

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