IISRP Elects Douglas Wilson As President-International For 2025–2026
- By TT News
- April 29, 2025
The International Institute of Synthetic Rubber Producers (IISRP) has elected Douglas Wilson as its President-International for the year 2025–2026 at the association’s 65th Annual General Meeting on April 9, 2025. Wilson replaces Zhuang Yi of Sinopec, who became the Institute's Past President-International.
Wilson is now in charge of P&L for every facet of LCY's Styrenic Block Copolymer business in North and South America, including the Baytown SBS production facility, as the General Manager of the Americas business for LCY Elastomers LP. After 22 years at Honeywell International, Wilson served as Global Business Director for Vertellus (now Aurorium) for five years in the Polyether Sulfones, Citrates and Additives business until joining LCY in 2023. Wilson served as the Global Business Leader for two distinct divisions at Honeywell. He started up as the head of Honeywell's nylon-based film and active resins division, which supplied materials for composites and food and industrial packaging. Later on, he oversaw Honeywell's Research Chemicals division, which included integrating a USD 120 million purchase.
In addition to Wilson, the other members elected to the association’s Executive Committee for the year 2025–2026 include Masayoshi Iwasa of Asahi Kasei Corporation as President of the Asia Pacific Section and member of the FPAC; Giovanni Cassuti of Versalis as EMEA Section Vice-President; Brian Chapman of Kuraray Americas as Member of the FPAC; Shiga Satoru of ENEOS Materials as Vice-President of the Asia Pacific Section; Robert Rikhoff of Lion Elastomers as President of the Americas Section; Zhuang Yi of Sinopec as past President-International and Roxanna Petrovic of IISRP as Managing Director, Assistant Treasurer and Recording Secretary.
Left Lane Auto Continues Growth Trajectory With Acquisition Of Don Foshay's Discount Tire & Alignment
- By TT News
- February 23, 2026
Left Lane Auto, a tyre retail and automotive services provider based in Champaign, Illinois, has expanded its footprint through a new partnership with Don Foshay's Discount Tire & Alignment. The Maine-based business operates six locations offering comprehensive vehicle repair and maintenance and is the latest addition to Left Lane’s growing portfolio, which is backed by private equity firm Bertram Capital. The financial details of the deal have not been released.
Founded in 1982 by Don Foshay Sr with a single shop in South Portland, the company has since grown to include six locations and a team of more than 75 employees. Over the years, the business has earned multiple industry accolades while building a strong reputation under its established local brand. Its service offerings are extensive and include tyre sales and installation, wheel alignments, preventive maintenance, diagnostics, transmission work and repairs to exhaust, cooling and belt systems for a wide range of vehicles. The organisation has also invested in modern diagnostic and repair technology to support its commitment to dependable service.
This acquisition represents a significant milestone for Left Lane, bringing its total number of owned stores to over 80 since its inception in 2021. It also marks the first transaction completed following the strategic partnership announced between Left Lane and Bertram Capital in late 2025.
Parham Parastaran, CEO, Left Lane, said, "We are excited to have the opportunity to carry on the strong legacy and operation that the Foshay family has built in Maine, which will serve as a strong entry point into the state for our platform. We plan to retain all upper management and employees across all locations and are excited to continue to grow both the Don Foshay's brand and the broader Left Lane platform's presence across the New England area."
Don Foshay Jr said, "We had multiple buyers to pick from but found that Left Lane Auto was the best match for our team and our customers going forward. The further we've gotten into the transition, the happier we are with that decision."
Sun Auto Tire & Service Expands Alabama Footprint With Two Acquisitions
- By TT News
- February 23, 2026
Sun Auto Tire & Service, one of the largest independent tyre and automotive service providers in US, has strengthened its position in Alabama by completing two acquisitions that add four service locations to its statewide network. One of the acquired businesses, Bay City Tire & Wheel, enhances the company’s Gulf Coast coverage and joins existing Alabama operations such as Fausak Tires and Vannoy's Tires under a unified platform. Known locally for its dependable and customer-focused approach, Bay City Tire & Wheel has built strong trust with drivers in its community.
The second acquisition includes Black’s Tire & Auto Save, comprising three shops in northeast and central Alabama. This purchase extends Sun Auto’s service footprint into new areas across the state and reinforces its broader strategy of expanding throughout the Southeast. Together, these additions increase Sun Auto’s ability to serve a wider range of customers while deepening its regional presence.
All newly acquired locations will function within the Sun Auto Network, gaining access to centralised systems, enhanced training and operational tools aimed at sustaining long-term success. At the same time, each shop will retain its local identity and continue delivering the personalised service that customers have come to expect. With more than 550 locations nationwide, Sun Auto continues to grow by supporting established local brands and upholding consistent service standards across all markets, helping drivers travel with confidence wherever they go.
Michael Loa, Regional Vice President, said, "We're proud to continue growing in Alabama and serving drivers across the state. By welcoming these respected companies and their teams into the Sun Auto Network, we're strengthening our ability to deliver consistent service standards and help more guests Drive Confidently throughout the Southeast."
Hankook And GoldenPeaks Capital Forge Major Long-Term Solar PPA To Decarbonise Hungarian Operations
- By TT News
- February 23, 2026
Hankook Tire has entered into a substantial long-term Pay as Nominated Power Purchase Agreement (PPA)with GoldenPeaks Capital, a rapidly expanding independent renewable energy producer in Europe. This strategic partnership marks a major advancement in bolstering renewable energy procurement and supporting the decarbonisation of Hungary's industrial landscape while also representing GoldenPeaks Capital's largest PPA undertaking in the country to date.
The decade-long accord will see GoldenPeaks Capital deliver a total of 430 GWh of electricity, derived from a 30 MWp photovoltaic installation in Hungary. This volume of clean power is sufficient to meet the annual electricity needs of approximately 28,700 residents and is projected to result in yearly CO₂ savings of around 10,107 metric tonnes. For Hankook Tire, this initiative is integral to its ongoing global sustainability strategy, directly contributing to its worldwide carbon reduction goals and underscoring its dedication to environmentally responsible manufacturing practices.

Recognised internationally for its superior tyres and advanced material innovation, Hankook Tire is progressively broadening its environmental efforts through the adoption of enduring renewable energy procurement strategies across its production sites. Guidance throughout the negotiation and implementation process was provided to Hankook Tire by World Kinect Energy. Concurrently, GoldenPeaks Capital continues to solidify its footprint in Central and Eastern Europe, dedicated to facilitating the sustainability ambitions of major industrial players like Hankook Tire through dependable, scalable and high-quality PPA frameworks.
Daniel Tain, Founder and President, GoldenPeaks Capital, said, “This PPA reflects another milestone within our full commitment to shape Hungary’s clean energy future. It also highlights our capability to deliver innovative and tailored renewable energy solutions, enabling industrial off takers to enhance energy budget certainty while accelerating their transition to green electricity.”
- Hankook Tire
- Hankook Winter i*Pike SR10W
- 2026 FIA World Rally Championship
- Rally Sweden
- Winter Tyres
- Studded Tyres
- Racing Tyres
Hankook’s Winter i*Pike SR10W Masters The Snow And Ice At Rally Sweden
- By TT News
- February 21, 2026
Hankook Tire concluded Round 2 of the 2026 FIA World Rally Championship, Rally Sweden, on 15 February in the Umeå region, where its Winter i*Pike SR10W tyre was put to the ultimate test. As the championship’s sole rally tyre supplier, Hankook equipped all competing crews with this dedicated winter tyre, which features specially engineered ice-rally stud pins. Designed to conquer the most severe icy environments, its asymmetric tread pattern works in tandem with the studs to provide exceptional grip, powerful braking and unwavering high-speed stability on frozen surfaces.
Rally Sweden, first held in 1950, is unique on the calendar as the only event contested entirely on snow and ice. Crews were challenged by 18 special stages covering around 300 kilometres, with competition intensified by speeds reaching up to 200 kmph and rapid temperature fluctuations. These punishing conditions demanded precise car control, reliable tyre traction and steadfast braking performance, making the choice of the Winter i*Pike SR10W critical for success.
Following a fierce contest, Toyota GAZOO Racing’s Elfyn Evans and co-driver Scott Martin claimed victory by a margin of 14.3 seconds, securing their second consecutive win in Sweden. Having also finished second in the season opener at Rallye Monte-Carlo, this result propelled the pairing to the top of the championship standings with 60 points.


The WRC now turns its attention to the formidable Safari Rally Kenya, scheduled for 12 to 15 March 2026 near Naivasha. This event is renowned as one of the most gruelling on the circuit, where crews must navigate extreme heat, mud from heavy rainfall and rapidly changing weather.
Hankook’s commitment to the sport extends beyond event supply. The company continues to refine its high-performance rally technology through intensive collaboration with the FIA and major automotive manufacturers, having completed over 2,000 kilometres of real-vehicle testing across eight countries. With its exclusive tyre supply agreement for all WRC classes covering the 2025 to 2027 seasons, Hankook is reinforcing its premium brand identity and solidifying its leadership in motorsport engineering.

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