Pregis Hikes Prices on Hexacomb Products
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Pregis Corp.'s Hexacomb business unit, Deerfield, Ill., USA, has announced a price increase on all grades and sizes of its product line, effective with shipments on or after June 7. Hexacomb pricing will increase 10% in the U.S., Canada, and Mexico.
Pregis says that the price increase has become necessary due to additional upward pricing pressure from linerboard, fuel, and adhesives. It notes that linerboard (42 lb. unbleached kraft) rose approximately $60 per ton during March, which puts the increase at more than 20% since January.
Hexacomb is made with 100% paper and engineered into a honeycomb configuration. It provides high strength, cushioning, and blocking/bracing functions for a wide range of protective packaging and other applications. Hexacomb products include sheets, runners, edge and corner protectors, as well as Falconboard graphic display board.
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