Maude Portigliatti, currently senior vice president, Advanced Research at Michelin, will join the company’s Group Executive Committee as executive vice president, High Tech Materials, effective 1 July 2021. She will succeed Sonia Artinian-Fredou in this role following the latter’s departure from Michelin.
At the unveiling of its ‘Michelin in Motion’ strategic plan on 8 April, the Michelin Group presented a strategy for 2030 that shows a determination to expand in non-tyre businesses. In this spirit of expansion beyond tyres, yesterday the company announced the signing of a Partnership Agreement with Altaris Capital Partners.
Recycled plastics will become a raw material within new tyres in future. This is a key intended application of a technology that the Michelin Group is exploring under a new joint development agreement with Canadian firm Pyrowave. Michelin ultimately intends to invest more than 20 million euros in the joint development agreement and combine its industrial know-how with Pyrowave’s expertise.
Michelin is entering into a partnership with Swedish firm Scandinavian Enviro Systems (Enviro) to develop and industrialise on a large scale pyrolysis technology to recycle end of life tyres into raw materials. The two companies signed a shareholding subscription today that will see a subsidiary of the tyre maker, Michelin Ventures SAS, acquire a 20 per cent stake in Enviro.
Michelin and commercial insurance provider HDI Global SE have entered into a partnership to reduce road risk for vehicle fleets. Fleet vehicles will be equipped with a connected box to collect driving data, which is processed and fed back to the driver via the Ideal Driver Pro application and to the fleet manager via an indicator report. Through this method each vehicle will produce a “driving score,” designed to increase understanding of the impact of driving behaviour on claims rates, and to identify risky driving behaviours and provide professionals with the necessary means to raise awareness and train drivers with a coaching module.
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