Technology

Creating a Future of “All-Sustainable”

Published

5 hours ago

October 28, 2024

HO CHI MINH CITY, Vietnam, Oct. 27, 2024 /PRNewswire/ — Building its brand as a world-leading manufacturer of life-changing composites and experiences, Michelin, with its strong innovation DNA, not only aims to improve the quality of human mobility but also has a clear plan to achieve its ambition of being “All sustainable”.

Michelin currently holds over 11.910 active patents worldwide and has been recognized by Clarivate™ as one of the “Top 100 Global Innovators.” (1)Michelin’s larger global goal by 2030 is to reduce CO2 emissions by 50% compared to 2010 levels, aiming to achieve 0% by 2050. Additionally, Michelin aims for over 40% of the raw materials used to produce tires to be renewable or recycled materials by 2030. Currently, the company has produced tires that use over 60% recycled materials.(2)

Contribute innovative technologies that change the quality of life

Michelin holds over 11.190 active patents worldwide and has been recognized by Clarivate ™ as one of the Top 100 Global Innovators. The group has made decisive technological contributions, positively impacting human progress in many fields.

A prime example is the MaxTouch technology, which extends tire life by optimizing the contact patch, reducing fuel consumption, and minimizing environmental impact. For users, tires equipped with MaxTouch technology last longer than conventional tires, saving on replacement costs and minimizing waste, contributing to environmental protection. The good grip and low rolling resistance enhance vehicle control, acceleration, and braking, providing a safer driving experience.

The WISAMO sail is also recognized as a notable initiative in maritime transport, contributing to a 50% reduction in greenhouse gas emissions (3). The system autonomously controls the sails using wind sensors and intelligent algorithms, optimizing performance in all weather conditions.

Expanding beyond space, Michelin is also involved in the ambitious MiLAW project – a part of NASA’s Artemis program, which researches and develops tires for autonomous lunar exploration vehicles. The MiLAW wheel is designed to minimize rolling resistance on lunar regolith (lunar soil), enabling exploration vehicles to travel efficiently with greater range, conserving both energy and resources.(4)

These show that Michelin is actively shaping the future. By improving current products and pioneering the exploration and development of new technologies, the company is driving toward a greener, safer, and more efficient future in mobility for everyone.

Vision 2050: Creating a Sustainable Green Future with Net Zero Carbon Emissions

In 2023, Michelin achieved an impressive milestone in Vietnam when it reduced CO2 emissions by 56% compared to the previous year through two projects: changing tire transportation from road to sea and eliminating plastic wrapping for motorcycle tires.(5) These developments highlight Michelin’s dedication to environmental sustainability and encourage greater community involvement.

Globally, Michelin Group achieved a 6% reduction in global CO2 emissions and a 10% decrease in production water consumption in 2023, compared to 2022. These achievements lay the foundation for Michelin’s global environmental goals by 2030: reducing carbon emissions by 50% compared to 2010 and reaching net-zero emissions by 2050.(6)

Additionally, Michelin aims to source over 40% of raw materials for tire production from recycled materials by 2030.(7)

These advancements promise an all-sustainable future, achieving a harmonious balance between humanity, the environment, and the economy.

About Michelin

Drawing on its deep know-how in polymer composites, Michelin constantly innovates to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare.

www.michelin.vn

Source:

(1): https://www.michelin.com/en/expertise/innovation/research-developpement

(2): https://youtu.be/zjZBd6DhcLo?si=Cd_QP_YaG8gHf0lD

(3): https://wisamo.michelin.com

(4): https://news.michelin.co.uk/articles/michelin-s-lunar-wheel-prototype-at-the-2024-le-mans-24-hours

(5), (6), (7): https://youtu.be/zjZBd6DhcLo?si=Cd_QP_YaG8gHf0lD, https://www.michelin.com/en/group/michelin-in-motion-strategy ,

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SOURCE Michelin Vietnam

Technology

Diwali Draws Global Crowds to India – Agoda

Published

49 mins ago

October 28, 2024

SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Digital travel platform Agoda reveals the top searched cities in India for Diwali celebrations, and it’s New Delhi that comes out on top among international visitors. Goa takes the top spot for domestic travel based on searches made for check-in during the Diwali week celebration. Agoda noted 17% more accommodation searches for Diwali compared to last year’s celebrations.

Diwali, also known as the Festival of Lights, is one of India’s most significant festivals, celebrated with grand festivities, vibrant lights, and cultural events. The festival symbolizes the victory of light over darkness and good over evil, attracting both domestic and international travelers to experience its unique charm.

International travelers showing most interest in experiencing the Diwali celebrations in India come from the United States (#1), United Kingdom (#2), Singapore (#3), Malaysia (#4), and Japan (#5). The top cities in India that inbound travelers are looking to visit for the festivities are New Delhi (#1), Goa (#2), Mumbai (#3), Chennai (#4), and Jaipur (#5). These cities have become focal points for international visitors looking to immerse themselves in the rich cultural heritage and festive spirit of Diwali.

Andrew Smith, Senior Vice President, Supply at Agoda said “Diwali is a time when the world increasingly turns its eyes to India. It comes as no surprise that New Delhi and Goa leading the charge in attracting international and domestic travelers, as both destinations have so much to offer in terms of culture and exploration, especially at this festive time. At Agoda, we love being part of this celebration by helping travelers find the perfect place to stay and experience the magic of Diwali firsthand.”

Domestic travel has seen a 23% rise in accommodation searches compared to last year, with the top destinations for Diwali celebrations being Goa (#1), Udaipur (#2), Mumbai (#3), Pondicherry (#4), and Jaipur (#5). These cities provide a diverse range of experiences, from beachside festivities in Goa to the royal celebrations in Udaipur.

Agoda’s offerings include over 4.5 million holiday properties globally, plus more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in the same booking. Travelers considering a trip to Goa can be inspired via this travel tips page on Agoda’s platform.

— ENDS —

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SOURCE Agoda

Technology

Cactus Custody Completes SOC 2 Type II Audit, Reinforcing Security Standards in Digital Asset Custody

Published

2 hours ago

October 28, 2024

SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Cactus Custody (www.mycactus.com), a licensed digital asset custodian under Hong Kong Trust Company (License No.: TC006789) and provisionally exempt from regulation by the Monetary Authority of Singapore (MAS), has completed the SOC 2 Type II audit led by Deloitte. This accomplishment highlights Cactus Custody’s dedication to providing a secure and compliant environment for digital asset management.

The SOC 2 Type II audit reinforces our ability to meet global security standards, giving clients across APAC and beyond confidence that their digital assets are securely managed in line with industry best practices and regulatory requirements.

“The SOC 2 Type II attestation reflects our unwavering commitment to protecting client assets. It strengthens trust and positions us as a reliable partner in digital asset custody. Managing billions in assets for over 300 institutions, we operate under strict regulatory frameworks governing our platform’s architecture, development, and operations,” said Wendy Jiang, General Manager of Cactus Custody.

Deloitte rigorously conducted the audit based on Security, Availability, and Confidentiality, ensuring Cactus Custody’s compliance with these critical standards.

About Cactus Custody

Cactus Custody, founded by Jihan Wu, is a leading institutional digital asset custody provider. As an ISO-certified custodian and a licensed Hong Kong Trust company (License No.: TC006789), with an exemption from regulation by the Monetary Authority of Singapore (MAS), it meets regulatory capital reserve requirements and adheres to the strict anti-money laundering and counter-terrorist financing regulations. Backed by cutting-edge security architecture, Cactus Custody protects client assets in hot and cold storage. It safeguards billions of dollars in digital assets for over 300 institutions, including top-tier mining companies, mining pools, funds, asset management platforms, and OTC traders.

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SOURCE Cactus Custody

Technology

CCTV+: “Opportunities in China”at the Digital Trade Expo

Published

2 hours ago

October 28, 2024

BEIJING, Oct. 27, 2024 /PRNewswire/ — “Opportunities in China“at the Digital Trade Expo offers a detailed exploration of the Third Global Digital Trade Expo, through the perspectives of a journalist from Kazakhstan, a promoter of Sino-African friendship from Zimbabwe, a second-generation entrepreneur from Thailand, and a Ph.D. researcher in the new media music industry from the UK.

The story highlights Zhejiang’s high-quality development in the private sector and the wealth of opportunities that China has presented to the world.

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SOURCE CCTV+