- Sri Trang Group
- Sri Trang Agro-Industry
- Sri Trang Gloves
- Blue Carbon Conservation
- Coastal Restoration Initiative
Sri Trang Group Advances Blue Carbon Conservation With Second Annual Coastal Restoration Initiative
- By TT News
- June 18, 2026
Sri Trang Group, led by Sri Trang Agro-Industry Public Company Limited (STA), the world's largest fully integrated producer and distributor of natural rubber, and Sri Trang Gloves (Thailand) Public Company Limited (STGT), a global leader in sustainable rubber glove production and distribution, executed its second annual ‘Sri Trang Go Green: Restoring Blue Carbon for Sustainability’ project on 6–7 June in Don Sak District, Surat Thani Province. The initiative convened executives, employee volunteers and residents from Baan Don Harn and Kao Charoen communities to restore coastal ecosystems and promote environmental awareness.
Marine and coastal ecosystems, which sequester carbon at rates quadruple those of terrestrial forests, anchored this year's blue carbon focus. The project pursued three core activities, including seagrass bed restoration to support carbon storage and marine larvae nurseries, the release of aquatic species to revive ecological balance and continuous monitoring of seagrass growth to guide data-driven conservation management.
The selection of Baan Don Harn and Kao Charoen leveraged their abundant mangrove forests and robust community conservation involvement. Over seventy participants joined, including Sri Trang employees from Bangkok and the southern provinces of Songkhla, Trang, Surat Thani and Chumphon, alongside the Marine and Coastal Resources Office Region 4, the Pak Prak Sub-district Health Promotion Hospital, local conservation groups, agricultural networks, Wat Singkhon School students and community volunteers. Their efforts produced 400 planted mangroves, 600 released Asian seabass, 200,000 released black tiger shrimp and 68 kg of waste collected from Nang Kam Beach, with debris sorted according to carbon credit standards for future marine debris solutions.

The initiative reinforced the vision of a green rubber company while emphasising environmental education. Asst. Prof. Pontep Wirachwong from Rajamangala University of Technology Srivijaya and Patipan Bupatae, Director of the Mangrove Resource Conservation Division at Marine and Coastal Resources Office Region 4, shared expertise on mangrove ecosystems and marine resource management to deepen participant understanding of blue carbon significance.
Community support included donations of 10,000 Satori rubber gloves to the Pak Prak Sub-district Health Promotion Hospital and sports equipment worth THB 5,000 to Wat Singkhon School. Employee engagement flourished through the ‘GoGreen – Vlog Challenge 2026’, with selected videos to be published on the ONE SRI TRANG Facebook page to broaden conservation messaging.
Building upon the 2025 project in Trang Province, the second year commenced with an April phase on Koh Libong, with monthly seagrass monitoring underway. Sri Trang Group aims to expand marine green spaces, enhance biodiversity and strengthen collaboration between private sector, government agencies and local communities to preserve natural resources for generations to come.

Veerasith Sinchareonkul, Group CEO, Sri Trang Group, said, “Participating in the restoring blue carbon ecosystems reflects our commitment to sustainable business practices and ESG principles, encompassing both environmental restoration and contributing to society and enhancing quality of life for communities. Beyond mitigating the impacts of climate change, the project also contributes to strengthening coastal ecosystems, which are vital to the livelihoods and local economies of coastal communities. We believe that the collaborative power of employees and the communities today will inspire further conservation efforts, laying the foundation for future sustainability.”
Veerin Auengteerasuwan, Human Resources Division Manager of Sri Trang Agro-Industry Public Company Limited (STA), and Chalermchai Norsakul, General Manager of Sri Trang Gloves (Thailand) Public Company Limited (STGT), representing the management and employees of both companies, shared their vision: “Environmental stewardship begins with collective action. The Blue Carbon project is another important step in encouraging Sri Trang employees to participate in restoring and conserving beach areas, which are natural carbon dioxide sinks. The initiative also fosters awareness, understanding and inspiration for collaborative and sustainable conservation of natural resources.”
Asst.Prof.Pontep Wirachwong, Head of Marine and Environmental Science, Department of Marine Science, Faculty of Science and Fisheries Technology, Rajamangala University of Technology Srivijaya, Trang Campus, said, “This project plays a vital role in the conservation and restoration of marine ecosystems, particularly in restoring seagrass beds to a healthy and abundant state. This will help increase the abundance of aquatic life and fisheries resources, which are essential to the value chain of surrounding communities. It also supports the local economy, both as a seafood production area and as a location with strong potential for sustainable tourism.”

Kerk Nuinoi, Chairman of the Ban Don Han Marine Conservation Volunteer Group and Village Headman of Moo 2, Ban Don Han, Don Sak District, Surat Thani Province, said, “On behalf of the Ban Don Han Marine Conservation Volunteer Group, I would like to express our sincere appreciation to Sri Trang Group for its continued commitment to supporting mangrove forest restoration in our area. The ‘Sri Trang Go Green’ project has contributed to restoring the richness of coastal and marine ecosystems, while encouraging the community to recognise the value of natural resources and work together to conserve mangrove forests in a sustainable manner.”
Hankook iON Race Proves Critical In Chaotic Tokyo E-Prix Double-Header
- By TT News
- July 31, 2026
Hankook Tire, the exclusive tyre supplier for the ABB FIA Formula E World Championship, played a central role in the season’s pivotal Japanese double-header. As the official race tyre for all competitors, the company’s iON Race compound was put to the test under extreme and shifting conditions during Rounds 14 and 15 of Season 12 at the 2026 TDK Tokyo E-Prix.
The weekend’s on-track action produced two dramatic winners. CUPRA KIRO’s Dan Ticktum snatched victory in Round 14 with a last-corner overtake on Jake Dennis, while Nick Cassidy completed the podium. The following day, Mahindra Racing’s Nyck de Vries claimed Round 15, finishing ahead of Cassidy and Dennis, who secured second and third respectively. The entire paddock also observed a period of remembrance for the late Cyril Blais.

The 2.575-kilometre temporary circuit, featuring 18 corners and situated around Tokyo Big Sight, hosted its first-ever night races, drastically altering track conditions from practice to competition. Unstable weather compounded the challenge, with a Sunday thunderstorm cancelling Free Practice 3 and leaving a damp, drying surface for Round 15 that demanded constant adaptation in tyre warm-up and strategy.

Throughout the weekend, Hankook’s iON Race tyre demonstrated reliability across the evolving grip levels and temperature swings. Following the Tokyo results, Dennis retains the championship lead with 146 points, narrowly ahead of Mitch Evans and Pascal Wehrlein. The title battle remains fiercely contested and will be resolved at the season-ending Hankook London E-Prix double-header on 15–16 August.
Manfred Sandbichler, Senior Director, Hankook Motorsport, said, “Bringing Formula E night racing to Tokyo for the first time made this a distinctive weekend and one of the more unusual tyre assignments of our season. The contrast between afternoon running and the 20:05 races shaped how teams prepared for both events, and the iON Race managed that transition and the changing weather conditions well, delivering consistent and predictable performance as the circuit cooled through the evening.”
Tegeta Green Planet Champions Circular Economy At EU-Backed Youth Camp
- By TT News
- July 31, 2026
Tegeta Green Planet recently contributed to the ‘Circular Future’ green camp, an environmental education initiative organised by CENN and funded by the European Union. The camp, which hosted 23 teenagers from the Adjara and Kakheti regions, was designed to deepen ecological understanding, advocate for waste-free systems, and inspire long-term behavioural change among the next generation.
Throughout the week-long gathering, young attendees engaged with forward-thinking methods for minimising refuse, prolonging product life cycles and improving separation and recovery processes. Interactive workshops translated abstract circular economy theories into tangible daily actions, equipping participants with the know-how to conserve materials and shrink their personal environmental toll.

A noteworthy component of the programme occurred on 22 July, when a specialised seminar titled ‘Circular Economy: Waste Reduction and Recycling for Public Health’ was convened. Co-hosted by Tegeta Green Planet, the UNDP and the Waste Management Business Association, the seminar examined the intersection of ecological integrity and human well-being, illustrating how robust recycling systems directly benefit community health outcomes.
Closing the day’s agenda, Tegeta Green Planet’s Director, Shalva Akhvlediani, offered an in-depth look at the Extended Producer Responsibility model currently unfolding in Georgia. He traced the journey of end-of-life vehicle components – from used tyres and spent lubricants to depleted batteries – through collection, transport and reprocessing channels. Akhvlediani also highlighted his organisation’s network of over 350 domestic producers and importers, stressing that youth education remains a cornerstone of their mission. The floor was then opened for a lively exchange, where students posed probing questions, debated local environmental dilemmas and floated their own grassroots suggestions, reinforcing the message that responsible resource use begins with informed individual choices.
Nexen Tire Reports Higher Second-Quarter Revenue Despite Cost Pressures
- By TT News
- July 30, 2026
Nexen Tire reported second-quarter revenue of KRW 891.3 billion and operating profit of KRW 34.3 billion, as growth in Europe and higher sales of premium products supported performance despite rising costs and geopolitical uncertainty.
Revenue increased 10.8 per cent from a year earlier, driven by demand in key markets, particularly Europe, the company said .
The tyre manufacturer said its strategy of expanding original equipment (OE) supply programmes and diversifying replacement (RE) tyre sales helped support growth amid weaker demand in the automotive market. Sales of 18-inch and larger tyres accounted for 38.8 percent of total sales, up 3.6 percentage points from a year earlier, reflecting a greater focus on premium products.
Profitability came under pressure as higher raw material prices and increased ocean freight rates raised costs. The company also incurred one-off expenses following the final ruling on US anti-dumping duties, which resulted in a higher tariff rate than previously expected.
Europe was the strongest-performing region during the quarter, with revenue reaching KRW 407.2 billion, the first time quarterly sales in the region have exceeded KRW 400 billion.
The company attributed the growth to higher OE sales from its European manufacturing plant, business expansion in the UK, Türkiye and other markets, and improved distribution and logistics following the addition of a finished-goods warehouse at the plant.
In South Korea, demand for electric vehicle (EV) and sport utility vehicle (SUV) tyres remained strong. Nexen Tire said its expanding OE portfolio, which includes the Hyundai IONIQ 6, Kia's EV3 to EV9 models and other domestic electric vehicles, supported higher OE revenue and increased sales of larger-diameter tyres.
The company also said continued growth in rental sales within the replacement market improved its product mix, while its first OE supply agreement with BYD strengthened its position in the global EV market.
Alongside its financial results, Nexen Tire said it had expanded its OE supply during the quarter to electrified models including BYD vehicles and the Hyundai STARIA EV. Supply to premium automotive brands also increased from a year earlier, supported by research and development initiatives, including AI-based performance prediction technologies.
"Despite growing cost pressures from external factors, we have continued to achieve top-line growth on the back of strong sales in key markets," said John Bosco (Hyeon Suk) Kim, CEO of NEXEN TIRE. "With the stable ramp-up of the second-phase expansion at our European plant and the results of our distribution improvements in North America, we expect more tangible improvements in earnings."
Pirelli Confirms Tyre Compound Selections For Next Three Grands Prix
- By TT News
- July 30, 2026
Pirelli has officially communicated to all Formula 1 teams the tyre compound selections for the upcoming Dutch, Spanish and Italian Grands Prix. The Italian manufacturer has opted for the medium-range C2, C3 and C4 compounds for the events at Zandvoort and the new Madrid circuit, while the Monza race will see the softest available tyres, the C3, C4 and C5, deployed.
For the Dutch Grand Prix at Zandvoort, Pirelli has confirmed the same compound choice as the previous year. The coastal circuit is defined by its medium and low-speed corners, including two banked turns, which place significant vertical and lateral loads on the tyres and demand high aerodynamic downforce. The track surface itself offers low inherent grip, a challenge compounded by sand from the nearby beaches being blown onto the asphalt, further affecting tyre performance.



The Italian Grand Prix at Monza presents a contrasting challenge, with its recently resurfaced track encouraging teams to run low-downforce configurations. The pit lane loss time for a tyre change is among the highest of the season, incentivising teams to extend stints and manage degradation to achieve a one-stop race. However, the potential for high ambient temperatures could complicate this strategy, making tyre management more difficult.

Making its debut on the calendar as the Spanish Grand Prix, the semi-permanent street circuit in Madrid features 22 highly varied corners, significant elevation changes and the longest banked turn in the championship. Simulations indicate that the loads on the tyres are comparable to those at Silverstone and Spa-Francorchamps. Consequently, Pirelli’s selection of the medium-range compounds is designed to favour a two-stop strategy and offer greater protection against overheating, a risk to which the softer C5 compound would be particularly vulnerable in warm conditions.

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