Michelin and Chinese partner aiming for 10% of performance soles market
28/11/2014
Tyre manufacturer Michelin has announced a new joint-venture in China with textile manufacturer Jihua, part of the Xinxing Cathay International group, to make high-performance soles for the technical footwear market. The two partners signed the agreement at a ceremony at Michelin’s corporate headquarters in Clermont-Ferrand in central France on...