Vulcanization, Vulkanisation

Tire price rises continue in Europe

London – Higher costs of raw materials, particularly natural rubber, has prompted further price rises by major tire-makers in Europe.

While Michelin announced an 8% increase in prices in Europe earlier in February, Goodyear is now planning a similar increase for consumer and commercial tires sold in the region. Continental is also moving to offset the impact of higher costs on its products.

During a fourth quarter conference call on 8 Feb, Goodyear CEO and president Richard Kramer said the price rise would be 8% and effective…

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