Marangoni to Increase Prices in Second Quarter 2010
Marangoni SpA has signalled its intention to raise its selling prices in the second quarter of 2010. According to the company, the increase will affect all tyre retreading materials, marketed through the Retreading Systems division and all the retreads marketed by the Commercial & Industrial Tyres division. Further increases in the list prices of tyres for fork lift trucks are also possible. The latest news, which follows a similar announcement at the beginning of February, is attributed to the “continuous rise in the costs of raw materials.”