Tire industry expects raw material headwinds in 2017

Article published in ERJ’s March/April issue:

London – Tire companies are preparing for some challenging months ahead as the cost of raw materials is expected to increase through the course of the year.

As the annual results season approached, tire companies almost unanimously agreed that cost pressure which soared in the final quarter of 2016 was likely to stay for 2017, prompting global price rises for products.

tire-companies-results-tableDespite the fourth-quarter rise in material costs, as of 14…

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