Michelin-Chandra Asri JV inaugurates Indonesia SR plant

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Cilegon, Indonesia – PT Synthetic Rubber Indonesia (PTSRI), officially inaugurated its plant for the production of butadiene rubber (BR) and solution styrene butadiene rubber (SSBR), the Michelin-Chandra Asri Petrochemical joint venture has announced.

The 29 Nov opening of plant in Cilegon was attended by the country’s minister of industry Airlangga Hartarto and other senior government officials.

Established in June, 2013, PTSRI is a JV between Michelin and PT Chandra Asri Petrochemical Tbk, with a share-ownership of 55% and 45% respectively.

Read the source article at European Rubber Journal

Michelin, Bridgestone interested in TomTom telematics business.

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It appears that Michelin and Bridgestone are interested in acquiring the TomTom Telematics business unit from Netherlands-based company TomTom. According to Dutch financial daily Het Financieele Dagblad (FD), Michelin – one of four companies vying to acquire the business – allegedly aims to add the business into its Michelin Solutions portfolio.

Read the source article at Tyrepress

Sidewall decals offered to customize BFGoodrich tires

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GREENVILLE, S.C. — Michelin North America Inc. has partnered with Tire Stickers L.L.C., a supplier of tire sidewall decals, to offer decals for five BFGoodrich tire lines.

In business since 2007, Tire Stickers produces sidewall decals for vehicle owners who want to customize the look of their tires.

Read the source article at Tire Business

Michelin becomes IndiGo tyre partner

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IndiGo, the largest airline in India in terms of fleet size and passengers carried, has appointed Michelin tyre partner for its entire fleet. Michelin Aircraft Tyre will supply tyres from its Michelin Air range, primarily the Michelin Air X radial, for IndiGo’s Airbus A320 and ATR 72-600 aircraft – a current total of 189 planes.

Read the source article at Tyrepress

Michelin to shut Dundee plant with loss of 845 jobs

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Dundee, UK – Groupe Michelin is to close its tire plant in Dundee, Scotland by mid-2020 with the loss of 845 jobs, the company informed employees there on 5 Nov.

The Dundee site, which opened in 1971, manufactures only 16-inch and smaller tires for passenger cars, explained a Michelin statement.

This market, it said, has faced serious difficulties in recent years due to a structural decline in demand for these tire sizes and competition from low-cost, entry-level products from Asia.

Read the source article at European Rubber Journal

Analysis: Changes in the tire distribution business.

At the start of this year (2018), Michelin and Sumitomo announced a plan to merge their tire distribution activities in North America. A couple of weeks later Goodyear and Bridgestone made a similar announcement with the launch of Tire Hub. Since then, Max Finkelstein and TreadMaxx have done something similar and formed Tire Distributors of…

Read the source article at tireindustryresearch.com

Michelin investing in Nova Scotia plant ahead of winter tire launch

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GRANTON, Nova Scotia – Michelin North America (Canada) Inc. is budgeting $16 million in investments at its Granton plant to support the 2020 launch of a winter tire designed specifically for the North American market.

Read the source article at Rubber and Plastics News

Michelin Acquires 2019 Naming Rights to Road Atlanta Racetrack

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Michelin North America has announced an agreement with Road Atlanta for exclusive naming rights of the racetrack. Beginning in 2019, the track will be renamed Michelin Raceway Road Atlanta.

This is the first time globally that Michelin has secured naming rights of a racetrack. Equally as significant, this agreement is the first entitlement partnership at Road Atlanta, which is situated about 100 miles from Michelin North America’s headquarters in Greenville, S.C.

Read the source article at Tire Review

Michelin ranks high in attracting young talent

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GREENVILLE, S.C.—When it comes to attracting young talent, Michelin North America is among the best, according to Forbes magazine, which recently named the Greenville-based tire maker one of the “Best Employers for New Grads.”

Read the source article at Rubber and Plastics News

Online Tire Market Business Growth Statistics and Key Players Insights: Michelin, Bridgestone, BF Goodrich, Goodyear, Hankook

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Online tire sale platform
The online retailing helps in reaching out too many consumers without launching stores and this results in cost benefits which are ultimately passed on to the customers. Moreover, increasing spending on e-commerce platform by OEM’s due to high internet penetration rate will drive the online tire market during the forecast period as well.

Read the source article at openPR.com