Sonoco-Alcore to increase core and tube price in Europe
Jan. 8, 2007 - Sonoco-Alcore S.a.r.l. said that it will increase paper-based core and tube prices by 8 percent, effective February 19, 2007, across all its European operations, including the United Kingdom; western, central and eastern Europe; and the Nordic region.
Eddie L. Smith, vice president - Industrial Products and Paper - Europe, said,."This increase reflects higher production cost components, including recent coreboard price increases as well as higher costs for transportation."
Sonoco-Alcore operates 30 tube and core plants and seven paper mills on the European continent and in the United Kingdom.