Sibur-Russian Tyres Announces Price Increase - Tire Review Magazine

Sibur-Russian Tyres Announces Price Increase

(Clacton, U.K./Tyres & Accessories) Due to higher raw material costs, Sibur-Russian Tyres raised prices of the whole range of tyres sold to the company’s dealers worldwide.

The price increase of 8% on average went into effect on the Oct. 1.

“This increase is a needed response to the constant escalating cost of key raw materials. But we are making all possible to minimize the impact of higher materials costs. We wish to thank our dealers for understanding during these changing times,” explained Dmitry Sokov, COO of Sibur-Russian Tyres.

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