Goodyear Raises Retread Material Prices in US

In the US, Goodyear Tire & Rubber has raised prices on its pre-cure tread stock and cushion gum by up to 6 per cent. The increases came into effect on 1 March, Tire Review has reported. The company said the increases were necessary due to the “increasing costs of raw material, higher energy charges and rising transportation costs.” Prices on the company’s Ultima brand of pre-cure tread stock increased by up to 8 per cent, while prices for strip and slab rubber were bumped up by up to 7 per cent, according to Tire Review.