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Sun, Jun 16, 2024 12:33
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Sonoco To Implement Further Price Hike for Core Board and Paperboard in Europe

BRUSSELS, Belgium (News release) -- Following the announcement of 25th March 2024, Sonoco announced it is implementing a further price increase as input costs have continued to rise beyond our initial estimation.

"We have already successfully implemented a second increase in the Italian market and this will now be applied in the rest of Europe at €25/ton, valid for all shipments after 1st July, 2024. The economic climate continues to be challenging making this action necessary to maintain supply to our valued customer base in Europe," said Nikolaj Thybo, Vice President Sales & Marketing Paper Europe.

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