Consumables

Sonoco Announces Price Increase for All Uncoated Recycled Paperboard Products

Monday 14. January 2013 - Sonoco (NYSE: SON) today announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $25 per ton, effective for shipments in the United States and Canada beginning Feb. 11, 2013.

“This price increase is necessary to recover continued inflationary pressure from non-fiber-related costs, including chemicals, energy, freight, repair materials, labor and other expenses,” said Marty Pignone, vice president, Primary Materials Group, North America.