Sonoco-Alcore S.a.r.l. to raise prices for paper-based tubes and cores by 8%, depending on product category, effective from shipments beginning on 15th May 2020.
“The increase follows a rapid escalation in core board cost across Europe. This has been driven by weaker economic conditions severely affecting the supply and subsequent cost of OCC. Securing supply of recovered waste paper has proved challenging for coreboard mills,” said Karsten Kemmerling, Director of Sales and Marketing – Tubes and Cores, Europe.
Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco and operates 29 tubes and cores plants and five paperboard mills in Europe, including a mill and three tube and core converting facilities in Italy.
