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Michelin world’s top tire maker with anticipated 2022 global revenue of US$26.3B, Bridgestone ranks number two with US$22.2B in projected sales, Goodyear ranks third with US$14.9B in sales; Continental takes fourth spot, Sumitomo takes fifth spot

Michelin acquires Indonesian rubber producer Royal Lestari Utama for undisclosed amount to bolster sustainability of natural rubber sector; Michelin has invested over €1.0B in its Indonesian businesses since 2015

Carbios appoints Pascal Bricout as chief strategy and financial officer, where he will oversee management, organization of company's finance division; he previously served as CFO for Michelin in Asia, brings 30 years' experience in finance, strategy, M&A

Carbios joins WhiteCycle, a Michelin-led European consortium to recycle plastic waste, which plans to recycle more than 2 million tons/year of PET by 2030; group currently has €9.6M global budget, and receives €7.1M in European funding

Michelin reports first half of year worldwide sales up 18.7% year-over-year to €13.3B, with non-tire sales up 18% from a year ago, tire price mix at 13.9%; results achieved despite COVID-19 pandemic, supply chain interruptions, Ukraine conflict

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