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Sonoco boosting prices for tubes and cores by 8%

March 7, 2007 - Sonoco said that it will increase prices for paper-based tubes and cores and related specialty products by an additional 8 percent in the U.S. and Canada, effective with shipments on or after April 1, 2007.

"This increase, which is incremental to our recent 8 percent increase effective March 1, is necessary to counter the effect of recent additional price increases by producers of uncoated, recycled paperboard," said John Colyer, division vice president and general manager, Industrial Products-North America.

"We are continuing to closely monitor the board supply market and will make additional pricing adjustments as required," he added.

SOURCE: Sonoco




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