Sonoco will increase prices in North America for all uncoated recycled paperboard grades by $40 per ton effective with shipments on Aug. 31, James Harrell, division vice president and general manager, Paper-North America, said in a press release issued Wednesday.
“The cost of recovered paper, our primary raw material, has increased significantly over the past several months along with other input costs which makes it essential that we begin recovering these higher costs,” Harrell said.
Founded in 1899 and headquartered in Hartsville, Sonoco is a $4.1 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 operations in 35 countries, serving customers in some 85 nations. For more information, visit its Web site, www.sonoco.com.
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