Covid 19 has impacted the global rubber sector, both big and small stakeholders, hard. This year’s edition of the World Rubber Summit will focus on redefining value chains.
“The summit will have two days of high-level presentations and interactive discussions on identifying pathways to redesign more resilient and sustainable value chains, both at the regional and global levels. It will also focus on the critical role that innovation and new technologies could play in mitigating the social, environmental and economic risks to which the rubber sector, like many others, is currently exposed. Visibility, transparency and data-sharing are critical for the 21st century supply chain,” says Salvatore Pinizzotto, Secretary-General, The International Rubber Study Group.
What would be the key focus for this year’s edition of WRS?
The International Rubber Study Group (IRSG) will organise the World Rubber Summit (WRS) in Singapore. The annual event will provide a unique and exclusive opportunity for global leaders to meet, share best practices and lay the foundations for future collaborations. The theme of the World Rubber Summit 2022 (WRS 2022) is ‘A Resilient, Digitalised and Sustainable Rubber Economy: Redefining Value Chains’.
To be held between 24 and 26 May in Singapore at the ParkRoyal on Beach Road, WRS 2022 will be a hybrid event like the previous editions.
The summit will have two days of high-level presentations and interactive discussions on identifying pathways to redesign more resilient and sustainable value chains, both at the regional and global levels. It will also focus on the critical role that innovation and new technologies could play in mitigating the social, environmental and economic risks to which the rubber sector, like many others, is currently exposed. Visibility, transparency and data-sharing are critical for the 21st century supply chain.
I believe this is the time when companies and organisations in the rubber sector should rethink their business model as conditions are changing and new opportunities arise. This is a nique opportunity for all stakeholders involved in the natural and synthetic rubber economy to be innovative to foster resilience, adaptability and long term sustainability.
Furthermore, in their journey towards a net-zero economy, businesses need to redefine, execute and evolve decarbonisation and offsetting plans for scope 1 and 2 emissions and potentially expand those plans to include scope 3 emissions. Integrate climate-related factors into decision-making processes for strategy, finance and capital spending and consider leading actions with others in the rubber industry and/or in their ecosystem of investors, supply chains, customers and regulators. In particular, financial institutions will have an important role to play in supporting large-scale capital reallocation. On the other hand, governments and multilateral institutions could use existing and new policy, regulatory and fiscal tools to establish incentives, support vulnerable stakeholders and foster collective actions.
I would like to take this opportunity to thank Enterprise Singapore, our strategic partner, for being this year, too, as every year when the event is organised in Singapore.Their inputs and contribution are very valuable and essential for IRSG.
Also, this year I am pleased to announce that the Nanyang Technology University (NTU) Singapore’s Agri-Food Innovation Lab (SAIL) will join the World Rubber Summit 2022 as Knowledge Partner. This is the first time for IRSG to have such a significant collaboration. It follows the decision taken by IRSG to participate and contribute to SAIL’s activities as a partner.
Last year, the African region was the focus, and this year it is Latin America. Could you share some information on the Latin American rubber industry and its contribution to the global rubber industry?
The 26th of May, the third day of the WRS 2022, will be dedicated to an entirely virtual side event on the rubber sector in Latin America organised by IRSG together with APABOR and Sociedad Latinoamericana de Tecnologia del Caucho (SLTC). Latin America is an area of growing importance for the world rubber economy, and it could play a relevant strategic role in shortening supply chains and making them more reliable. There are two trends that, in my view, need to be fully considered when we speak about rubber in Latin America. Firstly, the rubber sector is rapidly expanding in Brazil and other countries in that region, such as Guatemala and Colombia. There is an essential trend towards greater integration of the Latin American natural rubber market. Secondly, this is a region where the push towards product innovation and value-added could create a diversified market by exploiting various niche markets in the manufacturing sector such as auto parts, medical industry and even environmental services. In IRSG, we think it is really important to bring to the attention of the general public new developments that are occurring in the rubber economy because it helps to support this process towards innovation and highlight the strategic role that rubber has in the world economy and for our day-by-day life.
What are the main barriers to sustainable and inclusive growth in the rubber industry?
In the rubber economy, as in other sectors, we need to figure out effective forms of collaboration among stakeholders at local, national, regional and global levels to achieve sustainable and inclusive growth. Such partnerships will be able to identify and prioritise actions on the ground without forgetting a certain degree of coherence among the various interventions planned. Of course, this is not easy, because we have several numbers of producing countries; most of the production of natural rubber comes from smallholders, and there are long and complex supply chains. On top of this, new challenges need to be addressed, such as the impact of climate changes on natural rubber systems, a topic that IRSG, together with other leading organisations in the rubber sector (IRRDB, CIFOR/FTA and CIRAD), has decided to investigate since June 2020 and that has produced as an outcome the publication of a policy paper in December 2021. In addressing these issues, we need to have a holistic sectorial approach, with each stakeholder really providing its own skills and support, listening to each other and finding common solutions. The goal is not to leave anyone behind, so we need to pay special attention to smallholders and SMEs that might find it difficult, sometimes impossible, to put in place any sustainable practice and/or initiative. Although some improvements over the years have been achieved, working in this direction has not been an easy process. The pace and scale of this transition mean that today’s organisations and institutions need to be revamped, and maybe new ones created to disseminate best practices, establish standards and tracking mechanisms, drive capital deployment at scale, manage uneven impacts and support further coordination efforts. IRSG will continue to collaborate with other organisations to genuinely ensure that rubber could become an inclusive and sustainable economy.
All major rubber consumers, especially tyre companies, are talking about traceability, transparency and data sharing. Is it really happening in the rubber industry when small stakeholders dominate the more significant portion of the industry?
This process will require coordination, a vast amount of capital and large scale actions on the ground. The stakeholders in the rubber economy have the responsibility to ensure that these three factors will play a synergic role in increasing transparency and dramatically improving traceability. Innovative tools are already available, and more will come in the future, but we need to guarantee the long term wellbeing of smallholders. They need cost-effective support to apply consistently sustainable agriculture practices, have easier access to the market, IT infrastructures and adequate/updated education.
In this World Rubber Summit, IRSG is collaborating with the NextGen Leaders Programme 2021. Could you outline the goal and mission of this initiative?
The NextGen Leaders Programme 2021 has been launched by the IRSG secretariat to create a platform for engaging several ambitious young professionals in the rubber sector in national, regional and international activities and events. The programme participants are invited to collaborate with IRSG’s global rubber dialogue, support the development of balanced policy frameworks and help shape solutions for tomorrow’s rubber economy. The NextGen Rubber Leaders community builds on creative ideas and innovative potential for the next generation to challenge conventional thinking and explore new strategies for the future of the whole rubber economy. It offers young professionals a unique opportunity for learning and development with exposure to critical issues in the rubber debate. Currently, there are 10 participants in the programme covering the whole rubber value chain and from various countries (Singapore, Thailand, Germany, Australia, India, Sri Lanka and Brazil). The World Rubber Summit 2022 will be the first opportunity for them to go public. They will provide their effective contribution to the dialogue on the future of the rubber sector.
Michelin Launches Locally Manufactured Primacy 5 Tyre In India
- By TT News
- August 03, 2026
Michelin has introduced the MICHELIN Primacy 5 in India, marking a pivotal development for the tyre manufacturer as it represents the first passenger car tyre produced locally by the company. This new premium offering is specifically engineered for sedans and sport utility vehicles, signifying an important progression in Michelin’s operational footprint within the Indian automotive market.
The latest tyre is designed to accommodate the varied powertrains present in the contemporary automotive landscape, serving internal combustion engine vehicles, hybrids and electric vehicles equally. Through the application of sophisticated tread pattern optimisation and next-generation rubber compounds, the Primacy 5 aims to provide a balance of enduring safety, ride comfort, responsive handling and enhanced energy efficiency.
Performance metrics for the new tyre demonstrate substantial advancements in safety and durability. Compared to its direct competitors, the Primacy 5 offers considerably shorter wet braking distances for both new and worn tyres, along with improved dry braking performance. It also provides an eight percent increase in overall mileage over its predecessor, the Primacy 4ST, achieved through the integration of EverTread and EverGrip technologies that sustain grip throughout the tyre’s lifespan. Additionally, the tyre sets a new standard for ride comfort with a nine percent better comfort score than rivals, attributed to a noise-attenuating tread pattern, while also delivering a six and a half percent improvement in energy efficiency.
Having received the Tyre of the Year 2025 accolade at the Tire Technology International Awards, the Primacy 5 is slated for commercial release starting August 2026. Upon launch, it will be accessible to customers through Michelin’s own retail network and a nationwide distribution channel of approximately 800 authorised dealers.
Shantanu Deshpande, Managing Director, Michelin India, said, “India’s premium mobility landscape is evolving rapidly with growing demand for high-performance, safe and sustainable tyre solutions across sedans, SUVs and electric vehicles. The launch of the Made-in-India MICHELIN Primacy 5 marks a significant milestone for Michelin in the country and reflects our commitment to delivering products that are tailored to the needs of Indian consumers. Manufactured in India for Indian drivers, the Primacy 5 has been developed and tested on the vehicles most driven in the country, benchmarked against leading competitors, and validated by an independent testing agency. By combining Michelin’s latest global tyre technologies with local manufacturing expertise, the Primacy 5 is uniquely positioned to meet the evolving expectations of Indian motorists for superior safety, longer tyre life, enhanced comfort, energy efficiency and everyday performance. India continues to be a key growth market for the Michelin Group, and as we expand our retail presence and strengthen our manufacturing and service ecosystem in the country, we remain committed to bringing world-class mobility solutions closer to our customers while contributing to India's manufacturing ambitions.”
VMI Elevates Sustainability Ranking With Prestigious EcoVadis Platinum Medal
- By TT News
- August 03, 2026
VMI has secured the prestigious EcoVadis Platinum Medal, the highest possible distinction within the internationally recognised sustainability benchmark. This coveted recognition positions the Dutch company within the top one percent of all enterprises evaluated globally, a ranking determined by rigorous analysis of environmental practices, ethical conduct, labour and human rights standards and sustainable procurement policies.
This year’s Platinum accolade represents a significant advancement from the Gold rating VMI earned in 2025, underscoring a dedicated trajectory of enhanced corporate responsibility. The upgraded status highlights the organisation’s persistent drive to elevate its ecological and social governance benchmarks beyond its previous high standards.
The momentum behind this elevated rating stems from several key corporate initiatives launched over the past year. These include the institution of the enterprise-wide ‘We green it together’ programme, designed to empower diverse teams to achieve specific sustainability objectives, alongside the formal adoption of the VMI Sustainability Manifesto, which articulates long-term aspirations. The recent publication of the 2025 Sustainability Report further complements these efforts by transparently detailing the company’s measurable progress against its established targets.
Harm Voortman, President and CEO of VMI Group, said, “Receiving the EcoVadis Platinum Medal is a proud milestone for VMI and we share this medal with all our employees around the world. This recognition reflects the progress we have made in integrating sustainability into every aspect of our business. From designing more sustainable machines together with our customers to working closely with our suppliers, we continue to improve the sustainability of both our products and our operations. While we are proud to have progressed from Silver to Gold and now Platinum, we see this as a milestone in our journey to build a sustainable future.”
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.

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