Sonoco-Alcore S.a.r.l. has announced plans to raise the price of all of its recycled paperboard grades sold in the Italian region by €50 (US$54.48) per metric ton, effective with shipments starting June 15, 2015.
"This price increase is in response to rising material and manufacturing costs and price adjustments occurring in the Italian market," says Phil Woolley, Sonoco’s director, Paper Europe.
Sonoco Alcore S.a.r.l. wholly-owned by Sonoco, 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.
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