Group Michelin is aiming to improve the performance of its products by at least 10 percent by 2020 compared with the 2010 baseline..Michelin said it had managed to improve the performance of its products by 7.6 percent at year-end 2017 and is on track to achieve the 10-percent target.
Among the goals the company has set along these lines, it aims to save nearly 800 million gallons of fuel on the life of tires, reducing CO2 emissions by more than 8 million metric tons vs. the 2010 baseline.That target too, it said, is on track as the company has improved the rolling resistance of light vehicle tires and truck tries.
"At the end of 2017, the average rate of renewable or recycled materials in Michelin tires were estimated at 29 percent, in line with the trajectory to be at 30 percent by 2020," the company noted.
, in particular, a 38-percent energy efficiency compared with the 2005 baseline is on the agenda.
Michelin also recently unveiled ambitious plans to produce tires made with 80-percent "sustainable' materials that are 100-percent recyclable within the next 30 years.
Michelin said it was investing in advanced recycling technologies to be able to increase the content of such materials in tires to 80 percent by 2048.
Tires, it said, are made using 28-percent sustainable materials: 26-percent bio-sourced materials — natural rubber and sunflower oil — and 2-percent recycled materials, such as steel or recycled powdered tires.