Sonoco-Alcore to Hike Price for Uncoated Recycled Paperboard in Europe

Sept. 27, 2010 - Sonoco-Alcore said that it will increase prices in Europe for all uncoated recycled paperboard (URB) grades by EUR 40, or GBP 35, per metric ton, effective with shipments on October 18, 2010.

“This price change is unfortunately unavoidable," said Eddie Smith, vice president, Sonoco-Alcore. "Over the past quarter, we have seen a severe increase in the cost of starches and chemicals as well as an overall tightness of raw material supply and URB in the market.”

SOURCE: Sonoco-Alcore S.a.r.l.