Sonoco Implementing Price Increase for All Uncoated Recycled Paperboard Products
Staff Report From South Carolina CEO
Thursday, May 31st, 2018
Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard in the United States and Canada, effective with shipments beginning July 2, 2018.
Sonoco cited continuing inflation of input costs, especially freight and papermaking chemicals, and significantly longer backlogs at its mills as the drivers for this pricing action.