PARIS—Michelin has voiced support for the inclusion of natural rubber in proposed European Union deforestation regulations, provided that necessary amendments are made to address traceability in the industry.
In a statement issued Nov. 25, the French group said it was "in favor of any actions and regulations for a sustainable natural rubber industry that considers the specificities of the value chain."
The value-chain, the tire and rubber products maker said, is "composed of millions of rubber farmers, and hundreds of thousands of intermediaries."