According to Reuters, Michelin tires have recently raised their mid-term profit targets and forecast that the global tire market will recover to 4% to 5% growth rate by 2014.
Michelin Tire announced on September 19, 2012 that the company plans to increase its annual operating profit to 2.9 billion euros (excluding one-time items) by 2015, while Michelin's previous 2015 profit target was 2.5 billion euros.
Michelin said that according to the company’s mid-term investment plan, Michelin will build a new factory in China and Latin America each year. In the next few years, Michelin investment in emerging markets will account for more than 60% of its total investment.
Michelin estimates that between 2012 and 2015, the company's total annual capital expenditure will reach 1.6 billion to 2.2 billion euros, of which about 550 million euros will be spent on purchasing raw materials each year.
Precautions for daily maintenance of hydraulic cylinders
1. Regularly inspect the sealing components of the hydraulic cylinder, such as O-rings and gaskets, to ensure that they are intact and undamaged. If there is wear or aging, they should be replaced in a timely manner.
2. Regularly check the liquid level of the hydraulic cylinder and keep it within the specified range. If the liquid level is too low, add hydraulic oil in a timely manner.
3. Regularly inspect the connection parts of the hydraulic cylinder, such as oil pipes and joints, to ensure their tightness and reliability. If there is any looseness, it should be tightened in a timely manner.
4. Regularly clean the outer surface of the hydraulic cylinder to prevent dust, sand, and other debris from entering the interior of the cylinder and affecting its normal operation.
5. Regularly inspect the surface of the piston rod of the hydraulic cylinder, and promptly repair or replace it if there are scratches or wear.
6. Regularly inspect the hydraulic system of the hydraulic cylinder, and promptly handle any problems such as oil leakage or unstable pressure.
7. When the hydraulic cylinder is not in use for a long time, its hydraulic oil should be drained to avoid oil aging, deterioration, and affecting the normal operation of the hydraulic system.
8. When repairing or replacing hydraulic cylinders, attention should be paid to safety to avoid sudden movement or pressure release of the hydraulic cylinder, which may cause personal injury or equipment damage.
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