Companies news
Michelin Plans To Make Tyres Using 80% Sustainable Materials
French tyre major Michelin aims to produce all its products using 80 per cent sustainable materials, with 100 per cent of tyres to be recycled by 2048.
Announcing its Vision Concept: From Ambition to Action, at Movin'On event here, the company said the target would be achieved by research programmes into bio-sourced materials like Biobutterfly and advanced technologies and materials that are developed through partnerships.
The world-wide recovery rate for tires is 70 per cent today and the recycling rate is 50 per cent, Michelin said in a statement.
At present the company's tyres are made using 28 per cent sustainable items -- 26 per cent bio-sourced materials like natural rubber, sunflower oil and limonene and 2 per cent recycled materials such as steel or recycled powdered tyres, it added.
For a sustainable future, Michelin is investing in high technology recycling technologies to be able to increase this content to 80 per cent sustainable materials, it added.
