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Red Sea crisis forces Michelin to

halt output in Spain next weekend

Reuters
January 16, 20245:45 PM GMT+4Updated 20 hours ago

The logo of French tyre maker Michelin is seen at a company building in Boulogne-Billancourt, near Paris, France,
August 6, 2022. REUTERS/Sarah Meyssonnier/File Photo Acquire Licensing Rights, opens new tab

MADRID, Jan 16 (Reuters) - Four factories in Spain owned by French tyre maker
Michelin are planning to halt output again on the weekend of Jan. 20-21 due to delays in
the delivery of raw materials caused by the crisis in the Red Sea, the company's

Spanish subsidiary said on Tuesday.

The United States and Britain launched a series of strikes on Yemen last week, aimed
at the Iran-backed Houthi militia, whose attacks on international shipping have disrupted
one of the world's most important routes since December.

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https://www.reuters.com/business/autos-transportation/red-sea-crisis-forces-michelin-halt-output-
spain-next-weekend-2024-01-16/