- JBM Ecolife
- JBM Group
- Asian Development Bank
- ADB
- Asian Infrastructure Investment Bank
- AIIB
- Gross Cost Contract
- Nishant Arya
- Suzanna Gadboury
- Najeeb Haider
Sumitomo Rubber South Africa Appoints New Production Director
- by TT News
- October 28, 2021
Sumitomo Rubber South Africa (SRSA), the manufacturer of the Dunlop, Sumitomo and Falken tyre brands for the African continent, has appointed Anca Priscu as Group Director.
Priscu, who joined SRSA in August 2021, will now be responsible for producing, designing and implementing strategies for the company’s Ladysmith plant to maximise the shareholder value of the company.
With a Master’s degree in Fine Mechanical Engineering from the Polytechnic University of Bucharest, Priscu began her career as a mechanical engineer at the Design Institute for Automation Engineering Romania. She later moved to South Africa to work as a new product development engineer in the automobile industry.
Raking over 15 years with Gabriel South Africa, she worked her way up through the ranks to general manager. She joined Rheinmetall Laingsdale as CEO in 2013 and went on to become the COO and one of three MDs of Rheinmetall Denel Munition in 2017. Priscu worked as an independent consultant for Norcros SA since 2020 where she assisted strategic initiatives and execution.
Lubin Ozoux, CEO, SRSA, said, “We are delighted to welcome Anca into the company as we continue to deliver on fair price, fair value, quality and safety for both direct customers and end consumers. Trained as a mechanical engineer and with vast experience in a wide range of positions including CEO, she has a proven track record for transforming companies into high performers.” (TT)
- MarketsandMarkets
- Market Reports
- Tyre Recycling Market
- Tyre Recycling
- Extended Producer Responsibility
- End Of Life Tyres
MarketsandMarkets Report Projects Tyre Recycling Market To Reach USD 8.92 Billion By 2029
- by TT News
- November 19, 2024
MarketsandMarkets has said in its latest report that the tyre recycling market is expected to grow from USD 7.44 billion in 2024 to USD 8.92 billion by 2029 at a CAGR of 3.7 percent.
The report titled ‘Tire Recycling Market by Product (Rubber, TDF, TDA, Carbon Black), Process (Mechanical Shredding, Ambient Grinding, Pyrolysis), Type (Service, Material), End-use Industry (Automotive, Construction, Manufacturing) and Region – Global Forecast to 2029’ attributes the growth in this market to increasing environmental awareness and the implementation of stringent government regulations in different countries in reducing waste and pollution in the environment. Key players in the tyre recycling market, according to the report, are Liberty Tire Recycling (US), GENAN HOLDING A/S (Denmark), ResourceCo (Australia), GRP LTD (India), Lehigh Technologies, Inc. (US), Entech Inc (US), Emanuel Tire LLC (US), BDS Tire Recycling (US), Contec (Poland) and CRM (US).
According to the report, the Asia Pacific region is expected to be the fastest growing market for tyre recycling during the forecast period because of rapid industrialisation, urbanisation and economic growth in the region. Apart from this, government regulations in the Asia Pacific region are also playing a big role in shaping the tyre recycling market.
The report explains that govt incentives and regulatory benefits created by policies around sustainability and carbon reduction are significantly boosting opportunities in this sector. The report cites the Extended Producer Responsibility or EPR programme, which makes it mandatory for the producers of tyres to collect and recycle the tyres at their end-of-life. Additionally, the availability of government incentives and grants for the tyre recycling plants plays a favourable role for the sector.
The report further highlights that construction is the fast-growing end-use industry segment in the market for recycling tyres, explaining that the demand is partly driven by the growing use of recycled tyre products in infrastructure and building projects. These tyre-derived products are used in road construction and as building foundations, insulation and roofing materials. The demand for shock-absorbent, low-maintenance and durable materials in public space and recreational facilities, as well as sports fields, also plays and important role, says the report.
- Apollo Tyres
- Vredestein
- Quatrac
- Quatrac Pro
- Quatrac Pro+
- Quatrac Pro EV
- All-Season Tyres
New Apollo Tyres Survey Reveals Drivers Across Europe Prefer All-Season Tyres
- by TT News
- November 18, 2024
A new survey by OnePoll for Apollo Tyres has revealed that all-season tyres are preferred by a majority of drivers across Europe.
The findings, which took into account 1,000 respondents in each market, point to a constant increase in the popularity of tyres designed to perform throughout the year, including in dry, wet and snow conditions. Spain took the lead among the European countries with 82 percent respondents voting in favour of all-season tyres, followed by France (78 percent), the Netherlands (74 percent), Poland (72 percent) and the UK (65 percent).
For the customers of Apollo Tyres, its Vredestein brand’s Quatrac portfolio offers a lineup of tyres designed for a range of vehicles in a wide choice of sizes. The lineup includes the Quatrac, the Quatrac Pro and Pro+ for muscle cars and SUVs and the Quatrac Pro EV all-season tyre specifically designed for electric vehicles (EVs). All Quatrac tyres come with the ‘Three-Peak Mountain Snowflake’ mark and are fit for year-round use.
Yves Pouliquen, Vice President – Commercial, Europe, Apollo Tyres, said, “All-season tyres are becoming increasingly popular among motorists who want the reassurance of being able to safely tackle fast-changing weather conditions, year-round. With over three decades of expertise in all-season products, drivers can trust the Vredestein brand.”
- Vaculug
- Corporate Appointments
- Management Reshuffle
Vaculug Reshuffles Senior Management Team
- by TT News
- November 15, 2024
Vaculug Limited, a leading commercial tyre retreading specialist based in Grantham, UK, has reshuffled its senior management team with the appointment of three new roles. The reshuffle is done with an aim to enhance the organisational structure and drive sustainable growth while prioritising employee development.
As part of the reorganisation, Philip West, Vaculug's Commercial Director, will now be responsible for managing all sales and RTM activities in addition to operations, marketing and customer service. West has been in the business for more than 42 years, and his leadership and depth of expertise make him a great fit for this position.
In his new role as Sales Director, Craig Rudkin will oversee the team responsible for sales and national accounts. Rudkin began working for Vaculug in a position located in a factory and has been with the firm for more than 33 years. Jason Humphries is now the Director of IT and Logistics. Humphries has over 20 years of experience in operations, logistics and IT and has played a key role in putting strategic plans into action since joining Vaculug in 2001.
- International Rubber Study Group
- IRSG
- Global Labour Market Conference
- GLMC
- Labour Market Challenges
- Professor Joseph Adelegan
IRSG Secretary-General Professor Joseph Adelegan To Address At GLMC In Riyadh
- by TT News
- November 15, 2024
Professor Joseph Adelegan, Secretary-General of the International Rubber Study Group (IRSG), has been confirmed as a featured speaker at the 2nd Edition of the Global Labour Market Conference (GLMC), which is slated to be held in Riyadh, Saudi Arabia, on 29-30 January 2025.
The theme of this year's edition is ‘Inspiring Innovative Global Solutions to Labour Market Challenges’, which will further delve into six important topics related to the complex issue. The main points slated to be discussed in the conference include upskilling and reskilling of the workforce, bridging the gap between young workers’ aspirations and expectations, formulating smart policies to help identify and signal in demand skills, rolling out drivers of productivity universally to create a more level field, improving the supply of green skills through enhanced demand forecasting and training to create more green jobs and the role of SMEs in generating more meaningful and productive jobs.
The GLMC is a leading platform bringing together policymakers, employee representatives, business leaders, researchers and youth to tackle critical labour market challenges. This collaborative approach is essential for establishing a more equitable and advantageous environment for everyone, since the workforce is being impacted by rapid worldwide developments. Professor Adelegan's experience will be important in addressing the intricate problems that the global workforce faces.
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