Sonoco (SON) Announces Price Increase for Paperboard Tubes and Cores
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Sonoco Announces Price Increase for Paperboard Tubes and Cores
October 11, 2021 4:30 PM EDTHARTSVILLE, S.C., Oct. 11, 2021 (GLOBE NEWSWIRE) -- Sonoco (NYSE: SON) today announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after November 8, 2021.
Continuing inflationary increases, particularly in Uncoated Recycled Board, adhesives and primary packaging components, coupled with exceptional market demand make this increase necessary, said Doug... More