Continental Achieves Top Ratings In CDP Climate And Water Security Ranking
- By TT News
- February 20, 2026
Continental has once again received recognition from the CDP for its transparent and proactive approach to environmental stewardship, securing an ‘A-‘ rating for climate action and supply chain management. Formerly known as the Carbon Disclosure Project, this independent non-profit evaluates corporate environmental impact using a rigorous scoring system that ranges from ‘A’ for leadership to ‘D’ for initial disclosure. Continental’s latest score reflects its strong performance in reducing CO₂ emissions, advancing low-carbon innovation and promoting sustainability across its supplier network. The company also maintained a ‘B’ rating in water management for the second year in a row, underscoring its consistent efforts in this area.
For over 15 years, Continental has taken part in CDP assessments, which help investors and other stakeholders gauge how effectively companies are addressing environmental challenges. In the climate category, CDP considers factors such as emissions reduction initiatives, environmental policies and the influence a company exerts on its suppliers’ sustainability practices. Continental’s rating affirms its commitment in each of these areas.


A cornerstone of the company’s climate strategy is its participation in the RE100 initiative, through which it has sourced green electricity since 2020. This includes power generated from on-site solar installations as well as electricity procured through regional and grid-wide power purchase agreements. These contracts not only ensure a steady supply of renewable energy and price stability but also contribute to the expansion of new wind and solar projects. Together, these efforts help reduce Scope 2 emissions. Further energy savings are achieved through efficiency upgrades such as better insulation of production equipment, LED lighting retrofits and systematic leak detection and repair.
In water management, Continental has made significant progress by reducing water withdrawal per metric tonne of product by more than 10 percent between 2020 and 2025. This reduction, equivalent to 197 million litres, was accomplished through measures like water reuse, treatment and more efficient usage across its facilities.

The company also prioritises traceability and transparency in its raw material supply chains. It enforces strict sourcing standards, engages directly with local producers – for instance, by training smallholder farmers in sustainable natural rubber cultivation – and employs digital tools to monitor and improve supply chain integrity. Additionally, Continental invests in alternative materials to lessen its environmental footprint. These include silica derived from rice husk ash, tall oil from paper production and polyester fibres made from recycled PET bottles collected in regions lacking bottle deposit systems.
Jorge Almeida, Head of Sustainability, Continental Tires, said, “We constantly optimise production, products and processes through all phases of a tyre’s life cycle – from raw-material sourcing and manufacturing to use and end-of-life management. We are committed to climate action in our own operations and through close collaboration with our suppliers.”
Grismer Tire & Auto Service Appoints New CEO And CFO
- By TT News
- September 28, 2026
Grismer Tire & Auto Service, a tyre and automotive service centre operator backed by CenterOak Partners LLC, has named Chris Blanchette as Chief Executive Officer and Mark Hedstrom as Chief Financial Officer. The announcement marks a significant leadership transition for the portfolio company.
Blanchette arrives with over two decades of senior leadership experience in multi-site consumer services, specialising in operations, strategy and business development. He most recently served as Chief Executive Officer of Service Minds, a residential electrical, plumbing and HVAC services provider. His background also includes serving as Chief Operating Officer of QAS, which operates Valvoline Instant Oil Change locations, along with senior operational positions at Advance Auto Parts, Bridgestone Retail Operations and Best Buy.
Hedstrom brings more than three decades of finance expertise to his new role. He previously held the Chief Financial Officer position at W.S. Connelly & Co., a multi-regional specialty distributor, and has also served as Chief Financial Officer for several private equity-backed consumer and distribution companies.
Eric Holter, Managing Director, CenterOak, said, “Chris Blanchette brings highly relevant leadership experience in the automotive aftermarket. He has led complex, multi-location organisations and understands how to translate operational discipline into sustainable growth. Together, Chris and Mark add important depth to Grismer’s leadership team as the Company pursues expansion in existing and new markets.”
Blanchette said, “Grismer’s 90-year history and the trust it has earned with customers set the Company apart. I am excited to join a business with such a strong legacy and see significant
- International Rubber Conference
- Society Of Rubber Science And Technology Japan
- James Busfield
- Nobuyuki Tamura
- Bridgestone Corporation
- Japan Rubber Manufacturers Association
- Aichi International Exhibition Center
- Aichi Sky Expo
Japan To Host International Rubber Conference After Decade-Long Gap
- By TT News
- September 25, 2026
The International Rubber Conference (IRC) will return to Japan in November for the first time in a decade, with more than 271 technical presentations and over 117 exhibitors expected to take part.
The event, known as IRC 2026 Aichi, will be hosted by the Society of Rubber Science and Technology, Japan, alongside the Rubber & Elastomer Technical Exhibition in Aichi. It is scheduled to run from 2nd to 6th November, with the exhibition opening a day later and continuing until 6th November .
Held at the Aichi International Exhibition Center, also known as Aichi Sky Expo, the venue is located near Chubu Centrair International Airport and can be reached from Nagoya Station in about 28 minutes by train.
The conference programme will feature more than 271 presentations spanning rubber science, technology and industrial applications. Participants include James Busfield of Queen Mary University of London and Nobuyuki Tamura of Bridgestone Corporation, who also chairs the Japan Rubber Manufacturers Association. More than 400 delegates have already registered.
Running alongside the conference, the Rubber & Elastomer Technical Exhibition will host more than 117 exhibitors, ranging from raw material suppliers and machinery manufacturers to tyre makers and testing-equipment providers. The exhibition will be open to visitors free of charge.
The International Rubber Conference, first held in 1966, rotates annually across global host cities. The last event in Japan took place in Kitakyushu in 2016, with subsequent editions held in Haikou, Istanbul and Bangkok.
Pirelli Board Approves EUR 1 Billion US Investment Plan And Organisational Restructuring
- By TT News
- September 23, 2026
Italian tyre major Pirelli has announced a multi-year investment plan worth approximately EUR 1 billion (USD 1.2 billion) to expand its manufacturing facility in Rome, Georgia in the United States. The motion passed by majority vote, with board members Zhang Haitao, Xi Xiaohong and Wang Kun voting against the proposal.
The capital expenditure program, scheduled to begin in 2027 and will go through 2033, aims to expand annual production capacity at the Georgia site to six million tyres and create approximately 1,000 jobs.
The United States represents the largest market for high-value tyres globally, accounting for roughly 40 percent of global volumes. The project will be carried out in two phases without altering Pirelli's financial targets for 2026.
Phase one of the expansion will introduce modular robotised production systems based on Pirelli's Modular Integrated Robotised System technology, scaling annual output to three million tyres starting in 2028.
In phase two, the company will begin construction of an automated production facility to add three million units of annual capacity. The expanded plant will produce connected tyre systems, including Cyber Tyre technology, following market authorisation granted by the US Bureau of Industry and Security under Italy’s 2026 Golden Power Decree.
Alongside the investment decision, the board approved an organisational restructuring resulting in the immediate elimination of the Corporate General Management function. As part of the changes, Corporate General Manager Francesco Tanzi will step down from his executive role, maintaining an employment relationship through 31 December 2026 to facilitate the leadership transition.
Under the terms approved by the board and the Remuneration Committee, Tanzi will receive a severance payment equivalent to 13 months’ remuneration, payable by February 2027, alongside accrued rights under existing short-term and long-term incentive plans. He has agreed to a two-year non-compete covenant covering Pirelli's primary operating regions in exchange for 130 percent of his gross annual salary, paid in eight quarterly instalments. Following the end of his employment, Tanzi will provide advisory services under a two-year consultancy contract with an annual fee of EUR 350,000, plus non-monetary benefits valued at EUR 45,000.
Bridgestone Appoints Stefano Sanchini As President Of Europe Sales
- By TT News
- September 19, 2026
Bridgestone has announced a European leadership appointment aimed at sharpening customer focus, streamlining engagement across product groups and supporting its ongoing growth plans. Stefano Sanchini will become President, Europe Sales, effective 1 October 2026, leading the company’s European sales organisation across both Consumer and Commercial segments.
The expanded role unites sales activities spanning passenger car, truck and bus, agriculture, off-the-road, motorcycle and original equipment. Sanchini brings over 20 years of international leadership experience in the automotive and tyre sectors, with a career covering Europe, Middle East, Africa and India. Since joining Bridgestone in 2017, he has held several senior positions, including Managing Director of Bridgestone India.
Most recently, as Vice President for Consumer Replacement in Europe, he helped strengthen customer engagement, commercial performance, profitability and regional market growth. Bridgestone said the appointment underscores its commitment to customer relationships, commercial execution and simpler cross-market operations. Sanchini will pursue sustainable growth while developing capabilities and partnerships supporting the company’s long-term European strategy.
Mete Ekin, Group President EMEA, said, "Our customers increasingly operate across multiple product categories and expect a consistent experience wherever they engage with Bridgestone. By bringing our sales activities together under one European structure, we are creating a simpler, more connected organisation that will help us respond faster, collaborate more effectively and continue building strong partnerships with our customers."


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