01 Our distinctive capabilities As a pioneer in materials science for more than 130 years, Michelin enjoys unparalleled expertise that is powering its sustained expansion, both in its traditional markets and in new growth territories. These rare, inimitable, value-creating capabilities are also enabling the Group to meet its challenges and make a real difference over time. DESIGNING AND PROCESS ENGINEERING INNOVATIVE MATERIALS A decisive role in tire performance Structural elements, such as textile and metal reinforcements, polymers and other materials, play a major role in tire performance by helping to improve endurance, tread-life and rolling resistance. Building on its experience in designing, developing and producing innovative materials, Michelin has acquired proficiency in all the mechanics of materials in-use and the ability to combine components with antagonistic properties. An innovative multidisciplinary process The Group’s core competencies, in such areas as polymer synthesis, chemistry, biochemistry, physical chemistry, rheology, metallurgy and chemical engineering, all mesh seamlessly together in a spirit of synergy. Michelin also works in open innovation configurations with various laboratories of the French National Centre for Scientific Research, CNRS, and forges partnerships with innovative companies. In this way, it can envision the possible future uses of polymers and develop new technologies incorporating a greater percentage of renewable or recycled materials. Unique development and process engineering capabilities With its prototyping workshops for testing materials at different stages of maturity and its polymer production facilities in France, Indonesia and the United States, Michelin has significant resources for the multi-scale manufacturing of its own reinforcements and polymers. This has enabled it, for example, to develop a tire made from 45% renewable and recycled materials and to create innovative non-toxic resins marketed under the ResiCare brand. Our distinctive capabilities Turning challenges into success 32 2024 UNIVERSAL REGISTRATION DOCUMENT_MICHELIN
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