ERJ staff report (LMH)
Brussels - Bridgestone Europe will roll out a new round of price increases for retread materials across Europe during the first quarter of 2012.
Starting from 1 March and varying from country to country, price increases will average 10 percent for Bridgestone and Bandag pre-cured tread products, and 8 percent for Bandag cushion gum products.
â€œPrices in this product group have still a significant gap to recover the raw materials cost increases we have suffered in the last two years,â€ Yves Kerstens, managing director of commercial products at Bridgestone Europe.
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