Tire materials costs trending higher

Most, but not all, tire makers expect significant rises in the cost of key feedstocks and rubber raw materials

Major tire manufacturers are mostly predicting significant rises in the cost of crude oil-based feedstocks and raw materials for this year.

For the full-year, Continental AG expects a €50-million negative impact due to increases in oil and synthetic rubber prices, the group said in its 2018 half-year results, issued 2 Aug.

Continental had previously forecast effects from raw-material prices to…

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