Michelin stops Shanghai tyre plant — update

Hong Kong–Michelin has said it is in the process of re-opening its joint venture factory, Shanghai Michelin Warrior Tyre. A spokesman said production at the plant was stopped “a few weeks ago” as part of a normal process to reduce excessive stocks. The spokesman said the company is now in the process of re-starting production and the plant is scheduled to be back on stream in the very near future. He said the plant had lost a total of two weeks’ production,…

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