HARTSVILLE, S.C. (News release) -- Sonoco announced it is implementing a €60 per ton, £50 for UK market, price increase for all grades of uncoated recycled paperboard (URB) sold in Europe effective for deliveries after 15^th April 2024.

"This price adjustment has become necessary to offset the higher input cost caused by general inflation and the current challenging economic climate," said Nikolaj Thybo, Vice President Sales & Marketing Paper Europe. "We will continue to monitor the situation closely and take all action needed to support our customer base here in Europe."