Sonoco Implementing Price Increases for All Rigid Paperboard Containers in North America
March 20, 2017 - Sonoco today announced it is implementing price increases for all round composite cans and shaped rigid paperboard containers in North America by a minimum of 5 percent. The increase is effective with shipments beginning April 15, 2017.
“This price adjustment is necessary to recover continuing cost inflation, particularly in uncoated recycled paperboard, a primary raw material,” said Jeff Tomaszewski, vice president and general manager for Sonoco's Rigid Paper and Closures North America Division.
Sonoco is the largest producer of paper-based tubes and cores in North America, which are used to serve the paper, textile, plastic film, and tape and specialty industries. To learn more, please visit: www.sonoco.com.