Sonoco Implementing Price Increase for All Uncoated Recycled Paperboard Products
Jan. 17, 2018 - Sonoco today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning February 19, 2018.
“A positive of the robust economy is solid backlogs at our mills. A challenge that the growing economy presents is inflating input costs such as we are seeing in freight, energy and a host of other paper-making consumables. Sonoco must seek to recover these inflating costs in the market,” said Palace Stepps, division vice president of sales and marketing for Sonoco's U.S. and Canada paper and adhesives.
Sonoco is one of the largest integrated manufacturers of uncoated recycled paperboard in the United States and Canada, producing more than one million tons annually from 11 mills. To learn more, please visit: www.sonoco.com.