Marangoni Announces up to 12% Price Increase

Marangoni Retreading Systems has announced that it will implement its third price increase this year on the tread rubber tyre retreading materials (and related products) it sell to the tyre retreading industry. According to an official statement published on 3 August, the prices will be increased by up to 12 per cent with immediate effect in Europe. Marangoni’s management said the increase is due to “sharp rises in the prices of raw materials.”