Vipal to Increase Prices 10%

Vipal Europe has announced plans to increase the prices of its retreading materials and repair products by 10 per cent on 1 February 2010. According to the Brazilian-based company’s European manager, Alessandro Bottesini Campos, the increase is due to market conditions and adjustment of some raw material costs: “Like all other manufacturers Vipal Europe has been impacted by the increases in transport, energy and labour costs.” Vipal Europe’s price increase, applies to all European countries served by the company. Different price increases may apply to other “specific regions or products.”