GIIB Rubber Compound Sdn. Bhd. (GIIB), A rubber compound technology company and subsidiary of GIIB Holdings Bhd, today announced the signing of a strategic Memorandum of Understanding (MOU) with Stamford Tyres International Pte. Ltd. (Stamford Tyres), a major tyre distributor and retreader headquartered in Singapore.
Retreading Collaboration
This landmark collaboration is poised to promote significant green initiatives and accelerate the adoption of circular-economy practices for truck and bus tyres in Singapore.
The MOU, signed on September 12, 2025, outlines a framework for GIIB to supply advanced, sustainable tyre retreading materials, including recycled rubber compounds and eco-friendly tread liners for integration into Stamford Tyres’ retreading operations.
Qisheng Tai, CEO of GIIB, expressed strong optimism about the partnership. “Tyre retreading by itself is an environmental business by reducing tyres in the landfill. This collaboration with Stamford Tyres is a powerful step forward for the entire industry because we are using sustainable and green materials made from tyre waste. We are building a truly circular economy for the future, reducing waste, and creating sustainable value. Together, we are demonstrating that green retread materials can be turned into reliable green tyres.”
Under the terms of the two-year agreement, the collaboration will focus on several key areas:
- Supply and Integration: GIIB will provide its certified green and sustainable rubber products, including rubber compounds made from recycled tyres and environmentally friendly tread liners designed for high-quality retreads. Stamford Tyres will, in turn, integrate these green products into its supply chain, tyre retreading processes, and distribution network.
- Joint Innovation: The parties will explore the joint development of new sustainable materials and engage in active knowledge exchange to enhance product performance and maximise sustainability impacts within a structured research and development (R&D) framework.
- Market Promotion: GIIB and Stamford Tyres may jointly promote their green partnership in public forums and trade exhibitions, aiming to increase awareness and uptake of circular economy solutions throughout the tyre industry.
