Sonoco to Hike Price for All Grades of Uncoated Recycled Paperboard in the US and Canada

Feb. 1, 2021 - 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

The updated price is effective with shipments beginning March 1, 2021.

Sonoco cited the continuation of extended order backlogs at its mills along with continuing inflation of input costs, especially freight, as the drivers for this pricing action.

Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. Globally, Sonoco operates 19 paper mills with a total annual capacity of 1.7 million tons. To learn more, visit: www.sonoco.com.

SOURCE: Sonoco