Marangoni will raise prices in Europe
Marangoni Retreading Systems will raise prices in Europe, the Middle East and Africa. The increases will go into effect Feb. 15, 2011.
The price hikes will apply to the company's entire range of retreading materials, according to the company.
1. Prices on standard products will be raised "around 10%."
2. Prices on high performance products with a high natural rubber content will be increased 15%.
Marangoni says rising raw material costs have necessitated the increases.