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Sat, Oct 1, 2022 23:15
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Sonoco to hike price for paperboard tubes and cores

HARTSVILLE, S.C. (News release) -- Sonoco will raise the price for all paperboard tubes and cores by a minimum of 6%, effective with shipments in the United States and Canada on or after June 10, 2022.

"Ongoing market tightness and additional inflationary cost pressures from rising paperboard prices, our primary raw material, along with higher labor rates, make this increase necessary," said Doug Schwartz, Division Vice President and General Manager, North America Tubes and Cores.

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