Sonoco Protective Solutions Announces Price Increases on EPS, Corrugated Materials
Sonoco (NYSE: SON) today announced price increases of 4.2 percent on fabricated packaging assemblies containing EPS and/or PE and corrugated materials, 3.7 percent on all EPS parts and components, and 15 percent on corrugate packaging. The increases will be effective January 1, 2014, and are necessary to adjust pricing for inflationary input costs incurred since mid-2012.