MichelRollier, Michelin tire president of France, said in a recent interview that the global tire market as a whole is stable. Michel said that the global tire market as a whole is in good condition, but the European heavy-duty truck tire market is an exception and the situation is not optimistic. In the third quarter of 2011, Michelin’s sales increased by 10.6% year-on-year to 5.1 billion euros ($6.8 billion). Sales in the first three quarters rose by 17.3% year-on-year to 15.2 billion euros ($20.2 billion). As early as early November 2011, Michelin tires had announced the sale of a 9.98% stake in Hankook Tire. The aim was to simplify the product line and obtain liquidity. Michelin could raise funds by selling its stake in Hankook Tire. One hundred million U.S. dollars. Sprockets: Sprockets Drive Sprocket, Idler Sprocket, Chain Sprocket Ningbo Borine Machinery Co.,Ltd. , http://www.borine-agroparts.com
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