Sonoco Raises Price for All Uncoated Recycled Paperboard in North America
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Sonoco, Hartsville, S.C., USA, also will raise the price for all grades of uncoated recycled paperboard (URB) products by $25 per ton, effective for shipments in the U.S. and Canada beginning February 11. "This price increase is necessary to recover continued inflationary pressure from non-fiber-related costs, including chemicals, energy, freight, repair materials, labor, and other expenses," said Marty Pignone, VP, Primary Materials Group, North America. .
Sonoco is one of the largest producers of uncoated recycled paperboard in the U.S. and Canada, producing more than 1 million tons annually from 13 mills.
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