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May 27, 2015
 
Michelin and Barito Pacific Group joins hands to produce natural rubber
 

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eco-friendly rubber. According to the terms of the agreement, Michelin's contribution amounts to US$55 million.

The company claims, in a media release, approximately 80,000 tonnes of natural rubber per annum will be produced under this project. It is expected to create more than 16,000 direct or indirect long-term and stable local jobs.

In the framework of promoting practices of sustainable natural rubber production, Michelin in April 2015 went into a four year partnership with WWF (World Wide Fund for nature), a non-governmental organisation.

BPG is an industrial Group diversified into several verticals including Petrochemicals, Geothermal, Power, oil and gas, mining, real estates and plantations.

The WWF is an independent organisation for protection of the environment worldwide.

 
 
 
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