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Michelin Enviro Deal Delayed

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TPO Protocol
Enviro expects final partnership agreement with Michelin during the fourth quarter.

Scandinavian Enviro Systems and Michelin expect that a final agreement regarding a strategic partnership is expected to be reached during the fourth quarter 2020 instead of before the end of October, which Enviro has previously communicated. The reason for the delay is the ongoing pandemic which has led to protracted negotiations.

Despite the fact that the pandemic has made it more difficult to hold regular face-to-face meetings, the negotiations have continued, and progress has been made.

“Both parties a...

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