Sonoco Alcore to Hike Price of Coreboard and Uncoated Recycled Board in Europe
Sept. 17, 2013 - Sonoco Alcore S.a.r.l. announced that it will increase the price of coreboard and uncoated recycled board in Europe by EUR 50 / GBP 40, effective Oct. 1, 2013.
"We have absorbed higher energy, freight and other material prices throughout 2013 and the current market conditions are such that we must finally increase prices of coreboard and uncoated recycled board," said Phil Woolley, director, Sonoco Alcore Paper.
Sonoco Alcore S.a.r.l. is wholly owned by Sonoco (NYSE: SON) and operates 28 tube and core plans and five paperboard mills in Europe.