The paper company Sonoco, headquartered in Hartsville, South Carolina, has announced plans to raise the price for all of its paperboard tubes and cores by 6 percent to 10 percent, effective with shipments in the United States and Canada, beginning Oct. 24, 2016.
“This price increase, our first in more than a year, is necessary due to the recent increase in costs for uncoated recycled paperboard, our primary raw material, combined with price escalations in energy, labor and other input costs,” says James Harrell, vice president for Sonoco’s North America Tubes and Cores Division.
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