Sonoco announces price hikes for all paperboard tubes
January 21
10:13
2013
Sonoco has said that it will raise the price for all its paperboard tubes and cores by 4%, effective with shipments in the United States and Canada beginning 18 February
The firm claims that it is the largest producer of paper-based tubes and cores in North America which are used to serve the paper, textiles, plastic films and tape and specialty industries.
“This price increase is necessary to recover recently announced paperboard price increases and other inflationary inputs impacting our converting cost,” said James Harrell, vice president, Tubes and Cores-North America.
