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Trelleborg prepares to raise prices in Europe

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Trelleborg A.B. will raise prices in Europe effective August 1, 2011.

The price hikes, up to 7%, will apply to the company's agricultural, forestry and light industrial application tires and wheels. Trelleborg says rising raw material costs made the increases necessary.

The last time the company raised tire prices in Europe was April 1 of this year. The increases were up to 9%, and also applied to products in North America.

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