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Sonoco-Alcore to Raise Tube/Core Prices in Europe

July 27, 2006 - Sonoco-Alcore said that it will increase paper-based core and tube prices across the U.K. and European continent by 8 to 12 percent, depending on region and current contractual terms with customers.

The price increase will be effective September 18, 2006, the company said.

"This core and tube price increase reflects the need to recover the negative impact on manufacturing costs of additional price increases by producers of uncoated, recycled coreboard and continued increases in costs for energy, transportation and packaging raw materials," said Sonoco-Alcore CEO James Harrell.

SOURCE: Sonoco-Alcore




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