Digital, Connected and Sustainable solutions will drive the future
- By TT News
- October 13, 2021

Until 1989, the IAA featured both passenger cars and commercial vehicles in one show that was held at the exhibition site in Frankfurt. Following a recent slump in visitor and exhibitor numbers, organisers VDA decided not to renew the contract with Messe Frankfurt and moved the show out of Frankfurt.
In March 2020, a decision was made to host the event in Munich due to it being home to manufacturers like BMW and several other tech companies like Apple and Google. The organisers also received support from the Greens-led city council and Bavarian state government to host the show. Due to the Covid-19 pandemic, the show was postponed from 2020 to 2021.
Finally, the show was held from 7-12 September 2021 in Munich. The move to Munich worked wonders for the organisers, as the 2021 edition of IAA Mobility witnessed over 400,000 participants from 95 countries, along with an international media reach of 137 billion. The show featured around 744 exhibitors and 936 speakers from 32 countries presenting their views and innovations.
Talking about the show's success, Hildegard Müller, President, German Association of the Automotive Industry (VDA), said, "We took a courageous step and were rewarded by the visitors. A total of 400,000 participants in only six days is a clear case of 'voting with their feet’. The visitors were evidently very interested in and delighted by the whole experience. The IAA MOBILITY is now the largest mobility event in the world. New electric cars, bicycles, e-scooters, energy policies and urban planning, digitisation and more – here in Munich, we presented and discussed what needs to be thought together in the future. At the IAA MOBILITY Conference, we also experienced lively discussions on the path to new mobility. The exhibitors unveiled more than 100 premieres of their latest models and concepts, underscoring the fact that the transformation of mobility is being driven forward toward climate neutrality and digitisation."
The 2021 edition of IAA Mobility was focused around 'What will move us next?'. Exhibitors presented their innovations focussing on automation, connectivity and sustainability. Below we will discuss the innovations displayed by Michelin and Continental and talk about the other significant exhibits from the show.
Continental:
It was a busy IAA Mobility 2021 for Continental. The company showcased a slew of innovations ranging from sustainable tyre to autonomous vehicle concept. All concepts showcased were categorised under the tagline 'Safe, Connected, Convenient and Driving the Future of Mobility for 150 years'.
The first concept showcased was the Conti GreenConcept. This sustainable tyre concept has been developed by Continental's development engineers and material experts to set new standards in integrated sustainability. The concept tyre consists of an exceptionally high proportion of traceable renewable and recycled materials. It is based on innovative and resource-saving lightweight technology that ensures an extended service life.
Conti GreenConcept tyre is made up of 35 percent renewable raw materials and 17 percent recycled materials. The use of organic materials like natural rubber from dandelions, silicate from the ashes of rice husks and various vegetable oils and resins help significantly in reducing the use of crude oil-based materials. In addition to using processed steel and carbon black, Continental is using recycled PET bottles in the casing of the tyre for the first time as part of its Contyre.Tex technology rollout.
Another advantage of the Conti GreenConcept’s lightweight design is significant reduction in rolling resistance helping improve EV range by up to six percent. According to an analysis by Continental, the rolling resistance of Conti GreenConcept is around 25 percent lower than any tyre with Class A rolling resistance. In addition, the Conti GreenConcept’s renewable tread can be replaced repeatedly with little effort. This tread concept significantly improves resource conservation along with improving the service life of the tyre.
Conti GreenConcept tyre also features COKOON – a technology for the eco-friendly bonding of textile reinforcements with rubber compounds developed by Continental in partnership with Kordsa.
Talking about the Conti GreenConcept tyres, Nikolai Setzer, CEO, Continental, said, "The cars of the future will still need tyres, which we are making more and more sustainable, as our concept tyre shows. The Conti GreenConcept demonstrates how Continental will completely convert its global tyre production to use sustainable materials by 2050 at the latest. This underlines our goal of being the most advanced tyre company along the entire value chain by 2030 in terms of social needs as well as our ecological and economic footprint. Step by step, our solutions and technologies are enhancing sustainability and climate protection on the road."
Continental also showcased its vision of an autonomous, connected future with the AMBIENC3 car interiors concept alongside the sustainable tyre concept. A combination of 'Ambience' and '3rd space', the AMBIENC3 concept combines driving, working and relaxing in one interior.
The interior concept features the Ac2ated sound system, offering immersive audio without speakers and the ProViu360 driver assistance system, which gives the driver much better situational awareness thanks to a camera surround system. Other exciting interior features include intelligent glass control with adjustable dimming and heating functions, a built-in solar charger with photovoltaic cell and the eTravel companion software that provides the driver with tips and recommendations relating to the route, refuelling and the condition of the vehicle.
Michelin:
While Continental stayed inside, Michelin took to the streets to showcase its airless tyre solution. Equipped on a Mini Electric, the Unique Puncture-Proof Tyre System (UPTIS) made its public appearance offering test ride opportunities to certain lucky members of the general public. Announced in 2019, the UPTIS is part of Michelin's sustainable development model, the Vision concept. The UPTIS features a structure capable of supporting the vehicle while also delivering a safe and comfortableride without air.
Commenting on the UPTIS, Cyrille Roget, Group Technical and Scientific Communications Director, Michelin, said, "The truly distinctive structure of the Michelin UPTIS prototype, or its 'weirdness' as we have often heard it called, really attracted the attention of many visitors and left a lasting impression on them. It was an exceptional experience for us, and our greatest satisfaction came at the end of the demonstration when our passengers, who were admittedly a little wary at first, said they felt no difference compared with conventional tyres."
Along with the public display of the UPTIS, Michelin also showcased its first competition tyre constructed using 46 percent sustainable materials. These products align with Michelin's ambition to use 100 percent sustainable material in its tyres by 2050.
In addition to the tyre showcase, Michelin also ran an awareness campaign encouraging people to recycle waste and highlight the company's sustainability plans. Six teams were tasked to collect enough plastic to produce 100 tyres. The company has plans to utilise these PET bottles and yoghurt cups to produce and launch its first sustainable tyre latest by 2024. As part of its awareness campaign, Michelin also revealed a recipe for creating sustainable tyres using green waste and plastic waste.
Other launches
Apart from Continental and Michelin, there were many manufacturers and suppliers who showcased their vision of a carbon-neutral future. Some of the highlights include BMW's i Vision CirCular Concept car made from almost 100 percent recycled materials; automated valet parking system jointly developed by Bosch, Mercedes-Benz, BMW, CARIAD, Ford, Jaguar Land Rover, Continental, Valeo, Kopernikus Automotive and Unikie; driverless robotaxi for 2022 produced in collaboration by Intel and Sixt and multiple in-cabin monitoring systems for cars showcased by Valeo, Bosch and Continental.
Following a challenging phase with the ongoing pandemic, the auto industry has emerged greener and stronger than ever before and the IAA 2021 was an indication of the same. The next IAA Mobility show is scheduled from 5-10 September 2023 and we can expect the auto industry to come up with more intelligent and greener solutions to our mobility problems. (TT)
Eurogrip Tyres Displays Premium Two-Wheeler Tyres At F2R Expo
- By TT News
- May 16, 2025

Eurogrip Tyres, the leading tyre manufacturer in India, showcased its premium two-wheeler tyres at the 17th edition of Feria 2 Ruedas (F2R) International Motorcycle exhibition held at Plaza Mayor, Medellin, Colombia. The dates of this high-profile business event in South America's two-wheeler sector are 15–18 May 2025.
For more than 17 years, the Feria de las 2 Ruedas (F2R) has been the leading motorcycle industry event in Latin America. The expo, which takes place every year in Medellín, Colombia, is a vibrant venue for commerce, innovation and growth in the motorcycling sector. Additionally, it gives aficionados the chance to investigate the most recent developments and trends in the industry. The company showcased its premium lineup at exhibit N24 in the Tented Pavillion, which included a range of sport touring, off-road and trail tyres. High-performance versions including the Roadhound, Protorq Extreme, Trailhound STR, Climber, Bee Connect, Terrabite DB+ and Badhshah LX were on display.
P Madhavan, Executive Vice-President – Marketing & Sales, TVS Srichakra Ltd, said, “Eurogrip is focused to deliver innovative products for the global markets. Latin America is a priority market for us, and F2R Expo is a promising platform to engage with our target audience. We are looking forward to interesting business opportunities arising from this expo. Such specialised industry tradeshows add exceptional value to our quest in becoming a leading global tyre brand delivering world class tyre technology.”
Denka Records USD 108 Mln Impairment Loss, Halts US Chloroprene Rubber Production
- By TT News
- May 16, 2025

Denka Company Limited announced it would record an extraordinary loss of approximately 16.1 billion yen (£85.8 million) as an impairment on manufacturing facilities at its US subsidiary. It will indefinitely suspend chloroprene rubber production at the Louisiana plant.
The Japanese chemical manufacturer, which holds a 70 percent stake in Denka Performance Elastomer LLC (DPE), cited mounting operational challenges, including unexpectedly high costs for pollution control equipment and declining production volumes at the American facility.
“DPE has faced significant cost, production and other challenges at its facility in the United States,” the company said in a statement. “Rising costs are attributable to, among other factors, identification, design, purchase, installation, and operation of pollution control equipment to reduce chloroprene emissions that DPE did not anticipate being required when it acquired the facility from E.I. DuPont de Nemours and Company.”
The subsidiary was established in December 2014 and acquired the chloroprene rubber business from DuPont in November 2015. The Louisiana facility was intended to serve as a second manufacturing site in North America, complementing Denka’s Omi Plant in Itoigawa, Niigata, Japan.
However, according to the company statement, DPE has struggled with multiple operational issues, including “rising energy costs and a shortage of qualified staff necessary to operate new pollution control equipment and implement other emission reduction measures. “
Production volumes have declined partly due to “operational restrictions arising from the pollution reduction measures and unscheduled plant outages associated with supply chain disruptions and severe weather events,” Denka said.
The company noted that these challenges, combined with changes in the global economic environment for chloroprene rubber, have pressured profitability, making near-term improvement difficult.
Denka confirmed that DPE employs 250 people as of December 2024 and will not restart its chloroprene rubber manufacturing facilities following a regular maintenance shutdown. Instead, “all options for the business, including a potential sale of the business or its assets, will be considered,” the statement said.
The company emphasised that “no decision regarding a permanent closure of the facility has been made at this time.”
Customers will continue to be supplied from current inventories and production at the company’s Omi Plant in Japan.
DPE is 70 percent owned by Denka USA LLC, a wholly owned subsidiary of Denka Company Limited, and 30 percent by Diana Elastomers, Inc., a subsidiary of Mitsui & Co., Ltd.
Yokohama Rubber Posts Sharp Profit Drop Despite Revenue Growth in Q1
- By TT News
- May 16, 2025

Yokohama Rubber reported a 56.9 percent year-on-year decline in profit attributable to owners for the first quarter of 2025, despite posting a 9.0 percent increase in sales revenue.
The Japanese tyre maker recorded a profit of 8.53 billion yen for the three months ended 31 March, down from 19.8 billion yen in the same period last year. Business profit fell 3.2 percent to 24.07 billion yen, while sales revenue rose to 275.12 billion yen.
The company maintained its full-year forecast, projecting an 11.4 percent increase in sales revenue to 1.22 trillion yen and an 8.8 percent rise in profit to 81.5 billion yen for the fiscal year ending 31 December 2025.
Yokohama Rubber attributed the profit decline to one-time costs related to its February acquisition of Goodyear’s off-the-road (OTR) tyre business, which it purchased for approximately 143 billion yen.
“Profit from existing businesses was strong,” the company said in its earnings statement. “In addition to increased sales volume for the company’s consumer tyres, mainly in overseas markets, and continued expansion of sales of high-value-added ADVAN, GEOLANDAR, and Winter tyres as well as high-inch tyres, profit was boosted by the MB segment’s MIX improvements and structural reforms.”
The tyre segment, which accounts for 91percent of the group’s consolidated sales revenue, saw a 10.4 percent increase in sales to 250.32 billion yen. Original equipment tyre sales were higher year-on-year, driven by “strong sales in Japan of vehicle models equipped with YOKOHAMA tyres and expansion of shipments for Chinese automakers’ new energy vehicles,” the company said.
Replacement tyre sales also increased, supported by higher sales of summer and winter tyres in Japan, increased sales of high-inch tyres in Europe, and stepped-up sales efforts in Asia.
The MB (Multiple Businesses) segment, which represents 8.4 percent of total sales, experienced a 3.2 percent revenue decline to 23.02 billion yen. This was attributed to lower demand from construction machinery makers in Japan and automakers in North America.
The company described an “upbeat” business sentiment in Japan for the quarter, noting that “a steady recovery in inbound demand and increasing orders for construction and logistics projects compensated for weak consumption by domestic households curbing spending in response to rising prices of consumer goods.”
Overseas, the company observed rising inflation concerns weighing on consumer spending in the United States, while in Europe, “manufacturing industries are rebounding and corporate business sentiment is improving.” In China, personal consumption was boosted by the Spring Festival holiday, but high US tariffs “reduced China’s exports and created uncertainty about the future that is weakening industrial activity.”
Nynas Delivers Robust 2024 Performance, Outlines Strategy Through 2035
- By TT News
- May 16, 2025

Swedish speciality chemicals firm Nynas reported solid financial results for 2024, posting an Adjusted EBITDA of 1,333 million Swedish kronor, marginally higher than the 1,316 million kronor recorded in 2023.
The company, which specialises in naphthenic speciality oils and bitumen products, attributed its performance to operational efficiency and commercial success in its niche markets.
“We are delighted with the progress made during 2024, evidencing our right-sized cost base and a more targeted commercial and manufacturing footprint. We have redefined our strategic direction, positioning Nynas as a speciality chemicals company, enabling the energy transition and setting our course for 2035,” Nynas CEO Eric Gosse said in a statement.
The firm highlighted strong cash generation from operations, which it said would support planned investments and longer-term growth initiatives. Nynas also mentioned the ongoing transformation of its Harburg site with plans to monetise the asset eventually.
All three of the company’s production facilities maintained high operational reliability between 95 percent and 99 percent. The Nynäshamn refinery achieved a notable milestone: in May 2024, it set a new monthly production record for naphthenic speciality oils at 42,000 tonnes.
Strategic pivot towards sustainability
Nynas outlined a strategic shift focused on higher-margin speciality materials with sustainable characteristics. The company aims to strengthen its position in European markets through innovation and sustainability initiatives.
“Nynas is uniquely positioned to contribute to the energy transition. Our strategy reflects our purpose to advance a more sustainable society, and our product development pipeline is fully aligned with this goal," Gosse added.
In 2024, the company received an EcoVadis Gold rating, placing it in the top 5 percent of globally rated businesses for sustainability performance.
With consecutive years of strong financial performance, Nynas indicated it continues to monitor debt capital markets to optimise its capital structure “at the appropriate time potentially”.
The Swedish chemicals producer noted that, having ceased operations in the United States in 2022, it remains largely insulated from recent global trade tensions surrounding US import tariffs. The company imports only minimal feedstock from America, shielding it from potential cross-border trade disputes.
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