Ministry of International Trade and Industry (MITI) secretary general Datuk Dr Rebecca Fatima Sta Maria said one of the ministry’s initiatives towards this is to steer the industry towards producing energy efficient vehicles (EEVs).
“We want to ensure the industry manages its CO2 emissions throughout the whole value chain, from production to usage. This is in line with the government’s initiative to reduce carbon emission by 40% by 2020,” she said.
She said the tyre industry is also part of the government’s equation to reduce carbon emission.
Sta Maria was speaking at the opening of a new green Toyo Tyre (M) Sdn Bhd factory in Taiping, Perak.
She said it was reassuring that the new facility by Toyo Tyre will apply their standard Advance Tyre Operation Module (ATOM) technology to produce higher performance tyres for passenger cars, SUVs and trucks.
Toyo Tyre is introducing eco tyres with low rolling resistance contributing to lower fuel consumption. It will produce five million tyres as of 2015, which will double its current capacity of four million tyres produced by the company and its affiliate Silverstone in Malaysia.
“As the industry steps up R&D to improve the eco-friendliness of its product, there is an equally important aspect that must be given attention.
“Recycling and the management of scrap which is estimated at 20 million units of tyres by 2020, will be disposed per annum in Malaysia. This poses a threat to the environment as well as an opportunity for business. This calls for both the regulators and the industry to to work together to come up with approaches that will facilitate the take-back and remanufacture of the end-of-life tyres,” she said.
“The state-of-art factory in Taiping, the most advanced in Toyo Tire set up in the world, was built with an investment of RM800 million on a 148-acre site in the Kawasan Perindustian Kamunting, Taiping, and is primed to be the largest outside its Japan operations when it starts production,” said Toyo Tire & Rubber Co Ltd chairman Kenji Nakakura, who officiated the factory completion ceremony.
Nakakura said the facility is strategic to Toyo Tire global expansion plan. Its completion brings to fruition an integral component of the company’s mid-term business plan in which a global optimal supply system will be built in its threeregion world which consists of Japan, North America and Asia. The plan is to produce and supply 45 million tyres to the world by 2015.
“South-East Asia is rapidly becoming a developing region with potential to be the engine for growth for the world economy. Malaysia presents a strategic springboard for greater growth in this region thus influencing our decision to establish a factory here,” he said.