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Sonoco Implementing Increase for Uncoated Recycled Paperboard in the U.S. and Canada


June 10, 2024 - Sonoco today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning July 10, 2024.

"This price action is necessary to offset increased input costs," the company said in a press release.

Founded in 1899, Sonoco (NYSE:SON) is a global provider of packaging products. With net sales of approximately $7.3 billion in 2022, the Company has approximately 22,000 employees working in more than 320 operations around the world.

SOURCE: Sonoco Products Company

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