Sonoco today announced that it will raise the price for all paperboard tubes and cores by 6 percent to 8 percent (6%-8%), effective with shipments in the United States and Canada beginning September 14, 2015.
“The price increase is necessary due to the recent increase in the price of our primary raw material, uncoated recycled paperboard (URB),” said Adam Wood, vice president, Global Tubes and Cores. “This URB price increase, combined with continued rising operating and other raw material costs, have put pressures on Sonoco which we cannot absorb.”
Sonoco is the largest producer of paper-based tubes and cores in North America, which are used to serve the paper, textiles, plastic films, tape and specialty industries. For more information about Sonoco's complete line of paperboard tubes and cores or to learn more about current pricing, please visit the Company's website or contact the Company at +800-377-2692.