Sonoco Increases Price for All Paperboard Tubes, Cores
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Sonoco, Hartsville, S.C., USA, will raise the price for all paperboard tubes and cores by 5% - 8%, effective with shipments in the U.S. and Canada, beginning March 24. James Harrell, VP, Tubes and Cores-North America, noted that "this price increase is necessary to recover inflationary inputs impacting our converting costs, including chemicals, freight, and energy, and recently announced paperboard price increases."Sonoco is the largest producer of paper-based tubes and cores in North America, used by the paper, textiles, plastic films, and tape and specialty industries. The company has 19,900 employees working in more 335 facilities in 33 countries.