Kandhari joins BTMA board
Vaculug chairman Haarjeev Singh Kandhari has been appointed to the board of the BTMA, with Vaculug representatives noting that Kandhari is the is the first Sikh to join the BTMA board.
Vaculug chairman Haarjeev Singh Kandhari has been appointed to the board of the BTMA, with Vaculug representatives noting that Kandhari is the is the first Sikh to join the BTMA board.
Vaculug has promoted Kelly Stevens to the role of head of fleet operations. Stevens has been a key member of the Vaculug team for nearly four years following a combined total of 15 years at Tructyre and ATS Euromaster.
Vaculug reports that the company welcomed Fred Sherwood Group back in December 2023 after the two parties reached a long-term agreement for fleet management services and tyre supply.
Vaculug has introduced an electric waste vehicle-orientated tread compound integrated with its Protekt System. This compound is being developed at Vaculug’s R&D facilities in Grantham and with their partner Vipal’s R&D team in Brazil.
Vaculug has been voted the 4th best Manufacturing Company to Work for in the UK by Best Companies. The latest news joins a growing list of accreditations, including the acknowledgment of Vaculug as one of the top 75 Best Mid-Sized Companies to Work for in the UK by Best Companies.
Vaculug, Europe’s largest independent retreader, joined the Tyre Recovery Association (TRA) as a full member back in September, according to the Autumn/Winter TRA newsletter, which was published at the end of November.
Vaculug is using lignin as a protective agent in its compounds. The company described the integration of the sustainable material into its production process as an “innovative approach” that “marks a significant milestone in the quest for eco-friendly solutions in the tyre industry”.
Vaculug has a launched a new website, “designed to revolutionize the online tyre shopping experience”. The new website is designed to provide “a comprehensive resource for tyre information and purchases”.
Vaculug’s second Sustainable Thinking Fleet Forum of the year is officially sold out. Vaculug representative report that they are “excited to be hosting this exclusive event, as it demonstrates their commitment to promoting sustainability and driving positive change within the tyre industry and fleet management sector”.
Vaculug has raised financing from Queens Road Capital in what the company describes as a world-first Sustainability Linked Financing Package (SLFP) for any retreading company. Vaculug will use these proceeds to fund its significant expansion and growth.
Craig Rudkin has been promoted to the position of national accounts director at Vaculug. Rudkin has been part of Vaculug for 31 years and has experience in many aspects of the business. According to the company, this appointment comes at a time when Vaculug is experiencing “major growth and making investments in strengthening the…team ready for another successful year.”
On 1 September 2022, the global crypto currency market was valued at a trillion dollars, but that figure actually peaked at $2.8 trillion in November 2021. And therefore, whichever way you look at it, cryptocurrency is now a huge economic entity in its own right. With roughly 38 and 18 per cent market share respectively, Bitcoin and Ethereum are the two largest out there. Digital currencies bring with them two main features that suggest they are the future: Firstly, because they work on highly encrypted blockchain networks outside the established financial system, they offer the potential for greater efficiency and securing; and secondly, the operate as decentralised entities, taking governments and state banks out of the equation and empowering businesses and individuals with the margins that were only previously available to banks.
Vipal and one of its “most solid partners in Europe”, Vaculug celebrated the success of their partnership on 10 September by holding a Brazilian Day. The festive event promoted integration between Vaculug and the Vipal Rubber commercial team and was held at the headquarters of Harrowby United Football Club, in Grantham. The meeting also commemorated the bicentennial of Brazil’s independence, celebrated on 7 September. During the festivity, participants enjoyed a barbecue and played football, pool, and darts. Everyone was given a t-shirt prepared especially for the event in the colours of the Brazilian national flag.
During June Vaculug invited partners, suppliers and media to a high-profile event in Oxford based at the former prison (now Malmaison hotel) and including an exclusive dinner within one of the Oxford University colleges. The overall message is clear, the company is not only reaching out in the increasingly post-Covid environment – its growing team of experienced key industry personnel is positioning itself to capitalise on the company’s status as one Europe’s largest independent tyre retreaders.
Vaculug Limited has become the first retreader to pledge alignment to the Tire Sector SDG Roadmap, the WBCSD Tire Industry Project (TIP) framework for action that “outlines impactful pathways” for the entire tyre sector in relation to the United Nations’ Sustainable Development Goals (SDGs).
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