Plant in China became the largest for Michelin

The Michelin tire plant in Shenyang, China has become the company's largest production site, with investments totaling around $1.8 billion since 2010. This was announced at a recent event commemorating the plant's 30th anniversary.

The Shenyang complex, which became Michelin's first plant in China in 1995, was established as a joint venture with Shenyang General Rubber Plant, and in 2010, a new production line with a capacity of 10 million passenger car tires per year was launched. In 2018, production volumes increased by 6 million passenger car tires per year, and the operation of a semi-finished product line was started, thanks to which the plant gradually became one of the key enterprises in Michelin's global supply chain.

Between 2019 and 2023, the plant, as part of the strategy to reduce environmental damage, installed new energy-saving equipment, started using "green" electricity, and created a system that allows reducing the burden on the environment throughout the entire product life cycle, from raw material procurement to production and recycling. It is expected that by 2028, the enterprise will achieve carbon neutrality.

Starting from 2019, in response to the development of the electric vehicle market in China, five additional production lines for the manufacture of tires with noise reduction function were installed at the plant, and by 2023, the plant's total capacity reached 16.3 million tires per year.

In 2024, it was announced that Michelin will invest 40 million euros in the expansion of the plant, increasing its capacity to 17.1 million tires per year, and soon the plant will also produce the jubilee, 100-millionth tire for passenger cars.

"The Chinese market remains one of the most dynamic and promising for Michelin, and it is characterized not only by a vast consumer base and a rapidly developing automotive industry but also by increasingly reliable supply chains and a constantly improving business environment," noted Matthew Ye, Managing Director of Michelin in Greater China and Mongolia.