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

curata__ptHpHh8z7IV503j.jpeg

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

curata__gYJchgSyUrFtiGL.jpeg

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

curata__FgI3kk6U9ebx5mP.jpeg

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

curata__3KtoSqS0NonWZEV.jpeg

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

Michelin raising tire prices for fourth time this year

curata__FgI3kk6U9ebx5mP.jpeg

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.

Read the source article at Tire Business

Michelin, partners building large-scale bio-BD plant

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.

Read the source article at European Rubber Journal

Michelin tops Tyrepress UK social media ranking 2019

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 .

Read the source article at Tyrepress