Sri Lanka’s Atire unveils first carbon-neutral solid tire range
The Morning: Atire (Pvt) Ltd. recently announced a global first: The launch of its certified carbon-neutral solid tire range.
This achievement positions Atire as the world’s first company to offer carbon-neutral industrial tires, reflecting a significant leap forward in sustainable manufacturing.
The certification, issued by Control Union under rigorous ISO standards, applies to Atire’s premium range of solid tires, including products for forklifts, telehandlers, skid-steer loaders, scissor lifts, and port applications.
These tires are not just durable and high-performing; they are also carbon-neutral, covering emissions from raw materials, manufacturing processes, and the product’s journey up to the factory gate.
Atire’s journey toward carbon neutrality began in November of last year when it was certified as a carbon-neutral organisation by the Sri Lanka Climate Fund. Key initiatives include using renewable energy, advanced nanotechnology for lower energy consumption, and 100% biomass-generated steam to eliminate fossil fuel reliance.
Atire General Manager Ajith Dharmasiri said: “At Atire, our dedication to fighting climate change extends throughout the entire organisation. From our factory teams to executive leadership, we are united in our mission to reduce emissions and drive meaningful environmental change.”
OSL take:
The ongoing economic activities in the country has resulted in the overall expansion of Sri Lanka’s manufacturing industry. The expansion in the manufacturing industry is evident by the manufacturing of innovative products by the industry, especially to meet the growing local and international demands. The growth recorded in Sri Lanka’s exports sector has also had a direct impact on the expanding manufacturing industry. The many trade agreements and trade concessions enjoyed by Sri Lanka with many foreign countries and the incentive schemes presented by the Sri Lankan government to businesses/investors in the manufacturing industry have also added to the boost in the industry. Given the steady growth in the country’s manufacturing industry and the growth and business potential in the industry in the coming months could ensure lucrative business/investment opportunities for foreign businesses/investors exploring opportunities in Sri Lanka. Foreign businesses could also look at forming collaborations with local businesses in the manufacturing industry to further expand operations locally and internationally. Also, foreign businesses engaged in providing technical expertise and raw materials for the manufacturing industry could also look at the fast evolving business landscape in Sri Lanka’s manufacturing industry.
| Article Code : | VBS/AT/20241011/Z_1 |