Tag: michelin

Michelin to close Mexican plant; loss of 500 jobs

Against the back of market changes, French tyre maker Michelin Group plans to close its tyre manufacturing plant in Querétaro, Mexico, by the end of 2025, citing shifts in the passenger car and light truck tyre market as the primary…

Michelin to construct EUR60 mn demo plant for 5-HMF in France

French tyre company Michelin has announced what it says will be the construction of the world’s first industrial demonstration unit for the 5-HMF green chemistry-based molecule. This bio-sourced and non-toxic molecule can replace ingredients derived from fossil fuels in a wide…

Michelin to use Thales’s software to protect IP

Tech/security provider Thales has announced it is working in partnership with French tyre manufacturer Michelin to protect its Intellectual Property and deploy its software to customers around the world, with the Sentinel software monetisation platform. Michelin is now transitioning to software-led revenue,…

Michelin to expand Chennai plant with PCR tyre facility

While French tyre maker Michelin may see its European market dwindling, it is expanding its Asian tyre plants. The European manufacturing giant recently announced a US$67 million investment to establish a new passenger car radial (PCR) tyre facility at its Gummidipoondi, Chennai site.…

Michelin to downsize; shuttering plants in France

Against the back of a challenging automotive sector in Europe, French tyre maker Michelin (plans to close two of its French factories, affecting 1,254 workers. The 135-year company cited high costs, worsening competitiveness of Europe, notably due to inflation and…

Michelin marks 60 years at French petchem site

Tyre maker Michelin’s Bassens petrochemical site, located about 6 miles from Bordeaux, recently celebrated its 60th anniversary, having been opened since 1964, producing and developing elastomers.  The site, with its 460 employees, plays a strategic role by producing several tens of…

Michelin/Murata tie-up in licensing of RFID tags in tyres

French tyre maker Michelin and Japan’s Murata Manufacturing Co have tied up in a licensing agreement. This agreement will allow for the integration of RFID (Radio Frequency Identification) tyre tags into automotive tyres, helping to further advance tyre management, sustainability,…