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Marangoni raises prices overseas

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Marangoni SpA Retreading Systems is raising prices in Europe, the Middle East and Africa in September.

The price increase will be 8% accross the board, regardless of country or product.

"Despite the price of raw materials, especially the synthetic rubber one, is now stabilized, the reached price level forces us to raise the prices again," says Marangoni.

Marangoni Retreading Systems last raised prices in Europe, the Middle East and Africa on Feb. 15, 2011.

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