{"id":428174,"date":"2021-02-03T16:08:13","date_gmt":"2021-02-03T21:08:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=428174"},"modified":"2021-02-03T16:08:13","modified_gmt":"2021-02-03T21:08:13","slug":"sonoco-announces-price-increase-for-paperboard-tubes-and-cores","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\/","title":{"rendered":"Sonoco Announces Price Increase for Paperboard Tubes and Cores"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">HARTSVILLE, S.C., Feb.  03, 2021  (GLOBE NEWSWIRE) &#8212; Sonoco today announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after March 1, 2021.<\/p>\n<p align=\"start\">\u201cThis price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material. URB demand remains very strong, and the supply in the marketplace is extremely tight,\u201d said Mike Thompson, Director of Sales and Marketing for Sonoco\u2019s North America Tubes and Cores Division.<\/p>\n<p align=\"start\">Sonoco is the largest producer of paper-based tubes and cores in North America, which are used to serve the paper, textile, plastic film, and tape and specialty industries. For more information about Sonoco\u2019s complete line of paperboard tubes and cores or to learn more about current pricing, please visit the Company\u2019s website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w3bpbyjU8e-8OP3lTT3jF09vQG-OYvdi8p4hCegS0UoEbGKtLdv8c8ou3WHZNnYcO9VUi2tBHFd0k80Bre0RjA==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.sonoco.com<\/u><\/a> or contact the Company at 800-377-2692.<\/p>\n<p align=\"start\">\n        <strong>About Sonoco<\/strong><br \/>\n        <br \/> Founded in 1899, Sonoco (NYSE: SON) is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately\u00a0$5.4 billion, the Company has 20,000 employees working in approximately 300 operations in 36 countries, serving some of the world\u2019s best known brands in some 85 nations. Sonoco is committed to creating sustainable products, services and programs for our customers, employees and communities that support our corporate purpose of <em>Better Packaging. Better Life<\/em>. The Company ranked first in the Packaging sector on Fortune\u2019s World\u2019s Most Admired Companies for 2020 as well as being included in Barron\u2019s 100 Most Sustainable Companies. For more information, visit <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=w3bpbyjU8e-8OP3lTT3jF9YjLrySPX-ePBoHm87NjmvJZVI1Iissn3cBQwqYNXWupjcyYih5h3bKW3Rq2jDdQw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sonoco.com<\/a><\/u>.<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NjY1NyMzOTU5MDExIzIwMDQ1Mjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/01ae10a6-8458-4af7-b8e4-69792f667680\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contact:\u00a0\r\nRoger Schrum\r\n+843-339-6018\r\nroger.schrum@sonoco.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>HARTSVILLE, S.C., Feb. 03, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco today announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after March 1, 2021. \u201cThis price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material. URB demand remains very strong, and the supply in the marketplace is extremely tight,\u201d said Mike Thompson, Director of Sales and Marketing for Sonoco\u2019s North America Tubes and Cores Division. Sonoco is the largest producer of paper-based tubes and cores in North America, which are used to serve the paper, textile, plastic film, and tape and specialty &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sonoco Announces Price Increase for Paperboard Tubes and Cores&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-428174","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sonoco Announces Price Increase for Paperboard Tubes and Cores - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonoco Announces Price Increase for Paperboard Tubes and Cores - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HARTSVILLE, S.C., Feb. 03, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco today announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after March 1, 2021. \u201cThis price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material. URB demand remains very strong, and the supply in the marketplace is extremely tight,\u201d said Mike Thompson, Director of Sales and Marketing for Sonoco\u2019s North America Tubes and Cores Division. Sonoco is the largest producer of paper-based tubes and cores in North America, which are used to serve the paper, textile, plastic film, and tape and specialty &hellip; Continue reading &quot;Sonoco Announces Price Increase for Paperboard Tubes and Cores&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-03T21:08:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE0NjY1NyMzOTU5MDExIzIwMDQ1Mjc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sonoco Announces Price Increase for Paperboard Tubes and Cores\",\"datePublished\":\"2021-02-03T21:08:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\\\/\"},\"wordCount\":281,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODE0NjY1NyMzOTU5MDExIzIwMDQ1Mjc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores\\\/\",\"name\":\"Sonoco Announces Price Increase for Paperboard Tubes and Cores - 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