Market: Packaging Paper & Board
Posted March 20, 2017
Sonoco is implementing price increases for all round composite cans and shaped rigid paperboard containers in North America by a minimum of 5%. The increase is effective with shipments beginning April 15, 2017.
“This price adjustment is necessary to recover continuing cost inflation, particularly in uncoated recycled paperboard, a primary raw material,” said Jeff Tomaszewski, vice president and general manager for Sonoco’s Rigid Paper and Closures North America Division.
Founded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging and display and packaging supply chain services.