Sonoco Announces Price Increase for Paperboard Tubes and Cores
Sonoco has announced that it will raise the price for all paperboard tubes and cores by 6 percent to 8 percent, effective with shipments in the United States and Canada beginning Sept. 14, 2015.
“The price increase is necessary due to the recent increase in the price of our primary raw material, uncoated recycled paperboard (URB),” said Adam Wood, vice president, global tubes and cores. “This URB price increase, combined with continued rising operating and other raw material costs, have put pressures on Sonoco which we cannot absorb.”
Related Content
Comments
