Jean-Dominique Senar, chairman of the French tire manufacturer Michelin Group, said in Paris on the 3rd that the group will increase investment in the next one to two years to expand its market share in emerging markets and the world. Senna made a speech at the French Financial Journalists Association on that day that Michelin will maintain an investment rate of 2 billion euros (about 2.6 billion U.S. dollars) per year from 2014 to 2015; by 2016 to 2017, the group’s investment will slow down. . In the first quarter of 2013, Michelin sales were only 4.88 billion euros ($6.34 billion), a decrease of 8.1% year-on-year. Although the Group’s sales have grown rapidly in Asia and South America, it is still difficult to compensate for the losses caused by the declining demand in Europe and North America. Bale & Belt loose materials like waste paper (cardboard, newspaper), plastic scraps (PET bottle, plastic film or crates) & straw, etc. The compressed package block has the uniform outer dimension and the large density and proportion, which is suitable for container transportation. This series adopts the upper oil cylinder without the requirements of underground foundation. Waste Cardboard Baler, Horizontal Paper Baler, Horizontal Cardboard Baler, Straw Baler, Paper Baler, Cardboard Baler, Plastic Baler Jiangyin Metallurgy Hydraulic Machinery Factory , https://www.ecometalsrecycling.com