Michelin implements partial share buyback management agreement

An investment services provider has been called upon to implement the share buyback programme authorised by Michelin at its Annual Shareholders Meeting on 17 May 2019. An agreement to this effect was signed on 7 January 2020.

Read the source article at Tyrepress

Michelin targets zero CO2 emissions at all plants


PARIS—Michelin has set a target of zero CO2 emissions by 2050 as part of its sustainability commitment with an approach based on “consuming less” and an “energy transition.”

Read the source article at Rubber and Plastics News

Camso unveils 2 Solideal non-marking forklift tires


MAGOG, Quebec — Camso Ltd. has introduced the Solideal PON 555 NM and PON 550 NM non-marking press-on forklift tires designed to increase energy efficiency and thermal performance.

Read the source article at Tire Business

Michelin cancels treasury shares

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.

Read the source article at Tyrepress

Michelin: training programme helps Midland Tyre Services

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.

Read the source article at Tyrepress

Michelin Uptis win Golden Steering Award for innovation


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.”

Read the source article at European Rubber Journal

Michelin, TIA select 3 high schoolers for scholarships


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.

Read the source article at Tire Business

Michelin revenue up 10% through nine months despite lower unit sales


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

Read the source article at Tire Business

Michelin adds 3 sizes to Pilot aviation tire line

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.

Read the source article at Tire Business

Michelin launches the ultra-low rolling resistance line-haul tire


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.

Read the source article at Tire Business