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Representative image of the United States Strategic Petroleum Reserve and oil infrastructure as the Trump administration authorises a 172 million barrel SPR drawdown while 32 International Energy Agency nations coordinate the largest emergency oil release in history to stabilise global crude markets.

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Michelin to acquire Flex Composite Group in a €700m deal to boost high-tech materials segment

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Michelin to acquire Flex Composite Group to fortify presence in polymer composite market

French tyre manufacturer Michelin has reached an agreement with Investissement et Développement Industriels (IDI) to acquire the entirety…

byPallavi Madhiraju

June 25, 2023

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