Michelin – Compagnie Générale des Etablissements Michelin, to use the company’s full name – has decided to cancel 1,345,821 treasury shares, representing 0.75 per cent of the total shares outstanding. As indicated in a Euronext notice last week, the effective date of the resulting capital reduction is 9 December 2019.
Midland Tyre Services (MTS)’s frontline team recently received a series of in-depth Michelin training courses tailored to its business. MTS, based in Borris-in-Ossory, County Laois, is one of Ireland’s largest and most recognised fleet mobility businesses. Operating 24 mobile service vans, all equipped with the latest tyre management technology – including real-time digital inspection and reporting tools – MTS supports thousands of commercial vehicles operating across Ireland.
Berlin – Michelin has received the Golden Steering Wheel 2019 award for innovation of the year for its airless concept tire Uptis (unique puncture-proof tire system), the French tire maker announced 13 Nov.
Prof. Dr. Stefan Bratzel, jury member and director of the centre of automotive management at the university of applied sciences in Bergisch Gladbach described the concept tire as a “breakthrough innovation with practical utility for motorists.”
LAS VEGAS — The Tire Industry Association and Michelin North America Inc. have selected the daughters of three employees of TIA-affiliated companies to receive college scholarships funded by Michelin.
PARIS — Michelin Group reported a 10.4% increase in sales revenue for the nine months ended Sept. 30 despite lower sales volumes in the consumer and commercial tire segme
GREENVILLE, S.C. — Michelin North America Inc. has added three sizes to its Michelin Pilot aviation tire line for the U.S., Canada and Europe.
GREENVILLE, S.C. — Michelin North America has launched the Michelin X Line Energy D+ tire—an ultra-low rolling resistance, dual-drive line-haul tire — to the North American replacement market.
GREENVILLE, S.C. — Michelin North America Inc. (MNA) has announced a price increase for the fourth time this year, announcing that it will increase prices up to 4.9% for Michelin, BFGoodrich, Michelin Retread Technologies and Oliver brand truck tire and retread products in the U.S. and Canada.
Paris – Michelin and its partners, IFP Energies Nouvelles and Axens, are scaling up their BioButterfly project with the construction of an “industrial prototype” plant for the production of bio-based butadiene.
Launched in late 2012, the €70-million BioButterfly project is a 10-year scheme aiming to produce butadiene from plant-based ethanol, to be used for the production of environmentally-friendly synthetic rubber.
Not only did the @MichelinTyre-based chart see Bibendum plant its flag at the top of the tree, it also shows that the French tyre manufacturer is extending its lead. According to the 2019 data, Michelin’s overall score of 86.5 is now 7.5 points clear of second place as opposed to 6.5 points last year .