Sonoco Increasing Prices for All Rigid Paperboard Containers in North America
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Sonoco, Hartsville, S.C., USA, this week announced it is implementing price increases for all round composite cans and shaped rigid paperboard containers in North America by a minimum of 5%. The increase is effective with shipments beginning April 15, 2017.
"This price adjustment is necessary to recover continuing cost inflation, particularly in uncoated recycled paperboard, a primary raw material," said Jeff Tomaszewski, VP and GM for Sonoco’s Rigid Paper and Closures North America Division.
Sonoco is the largest producer of rigid paper-based round and shaped containers globally.