michelin

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Michelin increases share ownership of Scandinavian Enviro Systems

Scandinavian Enviro Systems (Enviro) has been informed that Michelin once again owns a total of 20 percent of the shares in Enviro following the dilution of its holding in May as a result of the completed new issue. The increase in its holding resulted from Michelin, via its subsidiary, acquiring two million of the shares that were issued in May to Unwrap Finance AB. Enviro has no information about the purchase consideration or the acquisition price.

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Moving’On Challenge announces design challenge winners

Drew Spahn’s “Crosswing” concept took the top spot in the Movin’On Challenge Design’s 2021 global competition. The New Jersey design student created the concept to address the theme, “RESPECT: Ending Isolation and Conquering the Mobility Divide.” All 170 entries this year sought to create inclusive mobility for those who are often overlooked when mobility solutions are being designed. For Spahn’s concept, the Crosswing enables people with amputations to move around cities more efficiently by giving them the ability to skate for transport or leisure.

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Michelin announces price increase for passenger brands and commercial tires in North America

Michelin North America, Inc., has announced price increases up to 6% on select MICHELIN®, BFGOODRICH® and UNIROYAL® passenger and light truck replacement tires as well as up to 13% on both on- and off-road commercial tire offers due to market dynamics. This increase will be effective on July 1 in the United States and Canada

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Michelin partners with Arity to make U.S. roads safer

Michelin announced it is partnering with Arity, a mobility and data analytics company founded by The Allstate Corporation, to develop data-powered solutions for transportation departments and cities to improve road safety across the U.S. Combining the unique data science expertise of Michelin Driving Data to Intelligence (DDI) around data and driving behavior analysis, and Arity’s database of driving behavior data collected from nearly 100 million consumer connections, the largest in the world, the partnership will leverage data for safer mobility to transform road management.

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Michelin and Carbios take a major step towards developing 100% sustainable tires

Conventional thermomechanical recycling processes for complex plastics do not achieve the PET high-performance grade required for pneumatic applications. However, the monomers resulting from Carbios’ process, which used colored and opaque plastic waste such as bottles, once repolymerized in PET, made it possible to obtain a high tenacity fiber meeting Michelin’s tire requirements

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