02/18/2021 | Press release | Distributed by Public on 02/18/2021 03:00
Michelin's CFO Yves Chapot recently appeared on CNBC International and was asked if he thought the pandemic would lead to any changes for Michelin. Both examples he mentioned were about increased focus on sustainability - one through increased use of sustainable materials as a result of the partnership with Enviro:
'There will be for us two major changes and we are already embracing this change at Michelin through our strategy. The first one is to look for more durable material, and that's why we have invested during the crisis in some startups. For example, Enviro which is a Swedish company with whom we are going to develop a factory to recycle mining tyres from 2023.'
Watch the interview from CNBC International below: