Sonoco to Hike Price for Uncoated Recycled Paperboard in the U.S. and Canada

Jan. 14, 2013 - Sonoco today announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $25 per ton, effective for shipments in the United States and Canada beginning Feb. 11, 2013 .

"This price increase is necessary to recover continued inflationary pressure from non-fiber-related costs, including chemicals, energy, freight, repair materials, labor and other expenses," said Marty Pignone , vice president, Primary Materials Group, North America .

Sonoco is one of the largest producers of uncoated recycled paperboard in the United States and Canada , producing more than 1 million tons annually from 13 mills.

SOURCE: Sonoco