Sonoco-Alcore S.a.r.l. today announced it will raise prices by €50 per metric ton on all recycled paperboard grades sold in the Company’s Italian region. The price change is effective with shipments on or after 15th June, 2015.

“This price increase is in response to rising material and manufacturing costs and price adjustments occurring in the Italian market,” said Phil Woolley, Director, Paper Europe.

Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco (SON) and operates 29 tubes and cores plants and five paperboard mills in Europe, including the Company’s largest European uncoated recycled paperboard mill in Cirie, Italy.

finance.yahoo.com

Sonoco-Alcore S.a.r.l. will raise prices by Euro 40 per tonne on all recycled paperboard grades sold in the Company’s Italian region. The price change is effective with shipments on or after June 6th, 2016, as the company says in the press release received by Lesprom Network.

“This price increase is in response to rising raw material costs which have occurred and are now at the point where we need to pass this onto the market,” said Phil Woolley, Director – Paper Europe.

Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco and operates 29 tubes and cores plants and four paperboard mills in Europe, including the Company’s largest European uncoated recycled paperboard mill in Cirie, Italy.

Source : lesprom.com