Sonoco to increase prices for uncoated recycled board products

Sonoco to increase prices for uncoated recycled board products

Paper company plans to increase prices by $50 per ton in the U.S. and Canada, effective with shipments beginning July 2, 2018.

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Sonoco, Hartsville, South Carolina, has announced that it will raise the price for all grades of uncoated recycled paperboard (URB) by $50 per ton, effective with shipments in the United States and Canada beginning July 2, 2018.

Sonoco cited continuing inflation of input costs, especially freight and papermaking chemicals, and significantly longer backlogs at its mills as the drivers for this price increase.

Sonoco says it is one of the largest integrated manufacturers of URB in the U.S. and Canada, producing more than 1 million tons annually from 11 mills.