For example, we have licensed our neodymium polybutadiene to chemical manufacturer Synthos for several years.

 

We have built a new plant, PT Synthetic Rubber Indonesia (SRI), in Indonesia as part of a joint venture with PT Petrokimia Butadiene Indonesia (PBI). That move secured the butadiene and synthetic rubber supplies for our Asia-based plants. Our contract includes the sale of a share of the production that is not strategic for Michelin.

 

That helps us move the market forward and apply new standards, and strengthens our leadership position by accelerating technological deployments through investments and sales of available capacities.

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