Sonoco-Alcore to Increase Paperboard Prices in Italy
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Sonoco-Alcore (Hartsville, S.C., USA) announced this past week it will raise prices by EUR 40 on each metric ton of all recycled paperboard grades sold in the company’s Italian region. The price change is effective with shipments on or after June 6.
"This price increase is in response to rising raw material costs, which have occurred and are now at the point where we need to pass this onto the market," said Phil Woolley, director of Paper Europe. "We are also experiencing this effect in a number of other European countries and expect further announcements to follow if this trend continues," he added.
Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco and operates 29 tubes and cores plants and four paperboard mills in Europe, including the company’s largest European uncoated recycled paperboard mill in Cirie, Italy.
