Michelin URD 2020 Michelin at a glance A Global Footprint Michelin heritage The Covid-19 Crisis Trends & Issues The All Sustainable Michelin Our Creation Model Four Areas of Growth Tires Mobility Experiences Services & Solutions High-Tech Materials Six Pathways to Success Our Organization Ethics Risk Management 2020 Financial Performance HIGH-TECH MATERIALS Michelin has outstanding expertise in the design and production of high-tech materials. Already a core factor in the performance of the Group’s tires, these capabilities are being enhanced by R&D programs, incubators and targeted acquisitions. They are also being marketed to customers in other industries through specialized subsidiaries and joint ventures. Objectives Position Michelin in profitable growth markets and make our solutions increasingly sustainable. Future-facing markets Sustainable flexible composites Medical applications Metal 3D printing Hydrogen mobility A unique capacity for innovation More than 50% of our research partnerships are in the field of materials Strategy Sustainable flexible composites: develop technologies, materials and products delivering long-lasting high performance. Medical applications: develop the range of products for use in regenerative medicine and cell therapy. Metal 3D printing: make the AddUp joint venture with Fives a world leader in metal 3D printing. Hydrogen mobility: make the Symbio joint venture with Faurecia a world leader in hydrogen mobility systems. An expertise being marketed to customers in other industries through specialized subsidiaries and joint ventures. Les réponses de michelin Progress made in 2020 🡫 IN SUSTAINABLE FLEXIBLE COMPOSITES Two new partnerships in sustainable raw materials To ensure that its tires are manufactured exclusively from sustainable materials, Michelin is helping to develop a number of innovative technologies. In 2020, the Group joined with Enviro to use pyrolysis technology to recover high-quality raw materials from end-of-life tires. It also formed a partnership with Pyrowave to produce styrene from waste plastic. Moving up in aerospace applications with Fabri Cote A provider of polymeric, metal, and textile-based industrial solutions, Fenner Precision Polymers is actively building a complete coated fabric and technical textile portfolio targeted at numerous end-use markets. As part of this process, it acquired Fabri Cote. Fenner innovates for roller conveyors Fenner Drives offers reinforced or deformable polymer products for power transmission, motion transfer and automated conveying applications. Its new line of roller conveyor belts increase the efficiency of installations by reducing downtime. IN METAL 3D PRINTING AddUp expands its portfolio Metal additive manufacturing makes it possible to produce complex parts using a minimum amount of material and energy. Suitable for small and medium-size parts, AddUp’s new compact FormUp 200 machine can adapt to all metal powder sizes, from the finest to the largest. IN HYDROGEN MOBILITY Symbio ramps up With a new plant in France in 2023 and the planned output of 200,000 pre-integrated hydrogen systems a year in 2030, Symbio is stepping up the deployment of these zero-emission solutions, which are highly compatible with battery-powered systems on all types of heavy and light electric vehicles.