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Sonoco, a packaging producer based in Hartsville, South Carolina, has announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard in the United States and Canada, effective with shipments beginning April 26.
This price increase comes in response to strong demand across Sonoco’s U.S. and Canada mill network, Sonoco states in a news release on the price increase. The company says demand is driving significantly longer backlogs as well as stepped-up inflation of input costs, especially freight, papermaking chemicals and packaging supplies.
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