Michelin Experts Help Yunnan Improve R&D Technology of China's Natural Rubber

In July 2008, Michelin (China) Investment Co., Ltd., Yunnan Farming Group Co., Ltd. and Yunnan Provincial Institute of Tropical Crops signed a three-year cooperation agreement to further promote the development of rubber in Yunnan. The agreement aims to provide free technical support and training for Yunnan through Michelin's expertise in the research and cultivation of natural rubber, and to help Yunnan in the early development of natural rubber planting. The signing of the agreement once again reflects Michelin's corporate citizenship and Michelin's commitment to the Chinese market.

Michelin's technical support for rubber in Yunnan, China, began in 2001, but the formal memorandum of understanding for cooperation was signed in 2005. The agreement is a follow-up to the 2005 Memorandum of Understanding for the Michelin-Yunnan Rubber Cooperation. Relying on Michelin Group's rich experience in the research and cultivation of natural rubber, Michelin provided Yunnan with technical research and support on rubber latex analysis, rubber strain breeding, and rubber tree bark necrosis, and provided it to Yunnan Institute of Tropical Crops Research. Michelin company training opportunities. The agreement stipulates that the cooperation period is from 2008 to 2010. Unlike general commercial agreements, Michelin's technical support for Yunnan is completely free.

Mr. Xia Yifu, Chairman of Michelin (China) Investment Co., Ltd., said: “Michelin has attached great importance to the Chinese market. Since entering the Chinese market, Michelin has taken root in China and returns to China as its mission. This time we hope to cooperate with Yunnan in China. We have brought Michelin's rich experience in the research and cultivation of natural rubber to China, hoping to contribute to China's breakthrough in natural rubber research and increase its production capacity, thereby contributing to China's environmental protection and sustainable development."

Natural rubber is an environmentally friendly raw material, but its main production area is Southeast Asia, and China needs a lot of imports every year. It is understood that China is the world’s largest rubber-producing country and the world’s largest rubber importer. According to statistics, natural rubber in China's rubber production in 2004 can only meet 32% of domestic demand. As the world's leading tire company, Michelin Group has a well-trained professional team and has been committed to the cultivation and development of natural rubber for many years. Globally, the Michelin Group manages 520 million square meters (52,000 hectares) of rubber plantations and 10 rubber processing plants in Africa and South America, producing 120,000 tons of dry rubber per year, in natural rubber cultivation and Development has accumulated rich experience. Yunnan and Hainan are the largest natural rubber producing areas in China. Michelin hopes to use this Yunnan rubber agreement to bring more experience to the research and cultivation of natural rubber in China, and to contribute to the development of natural rubber in China, to further honor Michelin’s commitment to China. committed to.

As a multinational company with a history of more than 100 years, Michelin has always stood at the forefront of technological innovation and created a safer, more effective and more comfortable driving experience for its customers. Michelin is headquartered in Clermont-Ferrand, France; it now employs 129,000 people worldwide; has 69 factories in 19 countries and has sales and marketing organizations in more than 170 countries. Michelin has research and test centers in the United States, Europe, Japan, and Shanghai, China.
In 1989, Michelin came to China. In the spirit of a century of innovation, Michelin brought advanced technology and high-quality products to China, established its first joint venture company in Shenyang at the end of 1995, and later transformed itself into a wholly foreign-owned enterprise in 2003. In 2001, Michelin teamed up with Shanghai Tire & Rubber (Group) Co., Ltd., one of China's largest tire manufacturers, to form Shanghai Michelin Warrior Tire Co., Ltd. In the same year, Michelin (China) Investment Co., Ltd. was established in Shanghai. Currently, Michelin has more than 5,500 employees in China and is committed to the continued development and growth of Michelin in China.

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