Green tyres a focus for Michelin’s new China factory
Michelin expects its business to gain momentum in China in the coming years, propelled by a fast increase in vehicle sales. This was the word from Philippe Verneuil, president of Michelin China, upon the opening of the company’s $1.5 billion factory in Shenyang. The facility’s opening has been reported by the China Daily, which writes that the Shenyang plant, Michelin’s largest factory in the world, has an annual capacity of more than 12 million car, truck and bus tyres.
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