Maxion Wheels has joined the Aluminium Stewardship Initiative (ASI) and ResponsibleSteel, not-for-profit organisations which aim to establish global standards and certification for the sustainable sourcing and production of aluminium and steel respectively.

The South Korean tyre manufacturer showcased its new hot retreading space, which takes up around 2,000 square metres of the 15,000-square-metre site in Hammelburg

The company is recruiting more than 60 new employees at the plant, following recent growth in its wheels business.

Clarience Technologies Inc acquires Pressure Systems International as it broadens its technology competencies in connected systems as tyre inflation becomes critical for electric and autonomous vehicles.

Roadbotics primarily advises local authorities on road maintenance by identifying priority areas of concern with its AI technology, which employs machine-learning to analyse images of roads taken from cameras.

The French tyre manufacturer has acquired complete ownership of joint-venture firm Royal Lestar Utama, launched in 2015 to develop sustainable production of natural rubber in Indonesia.

Iochpe-Maxion S.A., based in São Paulo, has announced it is to invest BRA100 million (USD20 million) in its Cruzeiro manufacturing facility in Brazil. As a result of the investment, the company will increase its annual production capacity by 400,000 truck wheels and 110,000 agricultural wheels.

Akron, Ohio-based Goodyear Tire & Rubber Company has, for the first time in its commercial vehicle products, replaced a portion of the petroleum derived materials with sustainable soybean oil compounds.

The tyre manufacturer has inaugurated its Mobility Solutions Institute in Pune for employees, dealers, and partners to enhance their knowledge on tyre technology and related mobility solutions, using Augmented and Virtual Reality programs.

The tyre manufacturer has announced it plans to spend about USD70m in FY2023 to expand its truck and bus radial (TBR) tyre manufacturing operations and to increase operational efficiencies at its plants across India.

Bridgestone Americas Inc has entered into an agreement with LanzaTech NZ Inc, a carbon capture specialist, to co-develop an end-of-life recycling process for used tyres.

The parent of brands such as Maxion Wheels and Maxion Structural Components has announced a set of sustainability commitments under its ‘ROADMAP ZERO’ strategy, which aims to make the components supplier into a carbon neutral business by 2040.