It is understood that the Michelin Group and the Barido Pacific Group are cooperating to produce natural environmental rubber through the afforestation of 88,000 hectares of land. The Michelin company invested a total of US$55 million to take up 47% of the joint venture company. At the same time, Michelin also cooperated with WWF and started cooperation in April 2015. The cooperation includes: 1. Rubber tree planting and transformation Best results of latex extraction and global promotion. 2. Research on the establishment of the best solution for the planting area is with the WWF France/Indonesia. 3. A targeted partnership with WWF France on the basics and protection, as well as the protection of animals and plants inside and out.
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Michelin expands cooperation to produce natural rubber 