Sonoco is implementing price increases for all paperboard tubes and cores in the United States and Canada by a minimum of 10%. The increase is effective with shipments beginning April 10, 2017, as the company says in the press release received by Lesprom Network.
“This price adjustment is necessary to recover continuing cost inflation, particularly in uncoated recycled paperboard, our primary raw material,” said James Harrell, corporate vice president for Sonoco’s U.S. and Canada Tubes and Cores Division.
Sonoco is the largest producer of paper-based tubes and cores in North America, which are used to serve the paper, textile, plastic film, and tape and specialty industries.
