Editor’s Note: This story has been edited to make it clear that the price increase will only affect Marangoni products in Europe, not North America.

Starting in February, the Retreading Systems division of Marangoni will upwardly adjust the sales price for rubber materials used to retread tires by 4 and 8% in the European market, depending on the product category. This price increase will not affect the North American market.

The increase reflects the jump in raw material prices. Several tire manufacturers have also been forced to increase their prices due to raw material costs.

Marangoni said it believes that these increases will not have a negative effect on the competitiveness of the retreading industry. “The retreaded tyre, since it uses less raw materials compared to the new product, will benefit from this trend inversion,” Marangoni said.