BRUSSELS, Belgium (Jan. 9, 2012)—Bridgestone Europe will roll out a new round of price increases for retread materials across Europe during the first quarter of 2012.
Starting from March 1 and varying from country to country, price increases will average 10 percent for Bridgestone and Bandag pre-cured tread products, and 8 percent for Bandag cushion gum products.
“Prices in this product group have still a significant gap to recover the raw materials cost increases we have suffered in the last two years,” Yves Kerstens, managing director of commercial products at Bridgestone Europe.