CEAT to Expand Tire Capacity
CEAT has approved an investment of ₹1,205 crore to expand its two-wheeler tyre…
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The Tire Industry Project (TIP) today announced that the Thailand Automotive Tyre Manufacturers Association (TATMA) has joined TIP as its ninth Affiliate Member, expanding TIP’s global reach into Southeast Asia, an important tire manufacturing region.
Affiliate Members support TIP in delivering on its mission to anticipate, understand, and address global environmental, social, and governance (ESG) issues relevant to the tire industry and its value chain. The regional perspectives they bring are particularly important, strengthening TIP’s ability to monitor and anticipate global industry trends in Southeast Asia.
Thailand is strategically important to the tire industry’s sustainability efforts as the world’s second-largest tire-exporting country by volume. The country is also seeing a circular economy ecosystem emerge across the tire value chain, creating valuable opportunities for TIP and TATMA to exchange knowledge and insights around end-of-life tire (ELT) management and circularity topics. As the membership organization of tire manufacturers based in Thailand, TATMA’s work encompasses trade promotion and industry coordination, as well as ESG matters including quality standards, manufacturing practices, and environmental compliance.
“We are pleased to welcome TATMA to our network,” said TIP Executive Director Larisa Kryachkova. “The tire trade associations’ local insights inform our global sustainability-related activities. Through our expanding and diverse membership, we are strengthening our shared vision of a sustainable tire value chain.”
“We recognize TIP as the global platform for addressing key ESG challenges facing the tire industry, particularly in the areas of tire and road wear particles, ELT, and sustainable raw materials,” said Keeratisuda Khakhong, Secretary General of TATMA. “Through this partnership, we look forward to active knowledge exchange, sharing best practices, and engaging with global affiliates to support the tire industry toward a more sustainable future.”
TIP’s Affiliate Members are tire trade associations selected based on criteria including the economic significance and ESG footprint of the tire industry in their respective geographies. They include the Australian Tyre Industry Council (ATIC), the Automotive Tyre Manufacturers’ Association of India (ATMA), the British Tyre Manufacturers’ Association (BTMA), Tyres Europe, the Japan Automobile Tyre Manufacturers Association (JATMA), the Korea Tire Manufacturers Association (KOTMA), the Tire and Rubber Association of Canada (TRAC), and the United States Tire Manufacturers Association (USTMA).
Source: TIP
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