Consumers will feel impact of war at fuel pumps
The global oil market is under pressure, with geopolitical instability driving prices higher and directly impacting consumers at the pump.
- Industry News
- 4 March 2026
The SATMC (South African Tyre Manufacturers Conference) has appointed Lubin Ozoux, CEO of Sumitomo Rubber South Africa (Pty) Ltd, as the new SATMC chairperson.
The SATMC Managing Executive, Nduduzo Chala, said: “It’s no surprise that someone as exceptional as Lubin has received this appointment. The industry will benefit from his invaluable expertise, and he will be an asset to the industry. SATMC wishes him success.”
On his appointment, Lubin noted: “I am excited to continue the great strides my predecessor has made along with the SATMC executives within the tyre manufacturing sector over the last few years. As the Chairman of SATMC, I look forward to creating positive opportunities within our environment, helping to ensure the country’s future prosperity. For me, it is critical to work with all four tyre manufacturers, government and the private sector to contribute to the sustainability of the local industry, create employment opportunities, accelerate economic reforms, address unfair international trade practices, reduce barriers to entrepreneurship and improve infrastructure. Through the SATMC, my ambition is to help build a better and more inclusive future for South Africa.”
The appointment is effective as of 1 November 2022.
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