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Sonoco-Alcore to Increase URB Prices in Europe

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Sonoco-Alcore S.a.r.l., Brussels, Belgium, is increasing the prices for all uncoated recycled paperboard (URB) grades by EUR 40, or £35, per metric ton in Europe. The increase takes effect with shipments beginniing October 18. Company officials blamed the price increase on a severe increase in the cost of starches and chemicals and an overall tightness of raw material supply and URB in the market.