Effective ‘imminently’, price hikes will address continuing rise of raw materials, energy costs
Rovereto, Italy – Marangoni is increasing the sales prices for all products offered by its 'retreading systems' and 'direct retreading' units across Europe, Middle East and Africa (EMEA), the Italian company announced 12 Nov.
Effective imminently, the price increase is due to the “continuing rise of raw material prices, energy and transportation costs,” the company added.
The increases will vary across specific products by brand and business unit, said Marangoni without offering further details.
This article is only available to subscribers - subscribe today
Subscribe for unlimited access. A subscription to European Rubber Journal includes:
Every issue of European Rubber Journal (6 issues) including Special Reports & Maps.
Unlimited access to ERJ articles online
Daily email newsletter – the latest news direct to your inbox