Saturday, 19 January 2013 15:27

Sonoco Announces Price Increase for All Paperboard Tubes and Cores

Written by
Rate this item
(0 votes)

IMG 4444Sonoco (NYSE: SON) has announced that it will raise the price for all paperboard tubes and cores by 4 percent, effective with shipments in the United States and Canada beginning Feb. 18, 2013.

"This price increase is necessary to recover recently announced paperboard price increases and other inflationary inputs impacting our converting cost," said James Harrell, vice president, Tubes and Cores-North America.

Sonoco is the largest producer of paper-based tubes and cores in North America which are used to serve the paper, textiles, plastic films and tape and specialty industries. For more information about Sonoco's complete line of paperboard tubes and cores or to learn more about current pricing, please visit the Company's website or contact the Company at +800-377-2692.

SOURCE Sonoco

Read 3196 times