{"id":464351,"date":"2021-03-24T10:33:14","date_gmt":"2021-03-24T14:33:14","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=464351"},"modified":"2021-03-24T10:33:14","modified_gmt":"2021-03-24T14:33:14","slug":"sonoco-implementing-price-increase-for-uncoated-recycled-paperboard","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard\/","title":{"rendered":"Sonoco Implementing Price Increase for Uncoated Recycled Paperboard"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">HARTSVILLE, S.C., March  24, 2021  (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 26, 2021.<\/p>\n<p align=\"start\">Sonoco said the price increase was in response to strong demand across its U.S. and Canada mill network which is driving significantly longer backlogs as well as stepped up inflation of input costs, especially freight, papermaking chemicals and packaging supplies.<\/p>\n<p align=\"start\">\n        <strong>About Sonoco<\/strong>\n      <\/p>\n<p align=\"start\">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$5.2 billion, the Company has 20,000 employees working in approximately 320 operations in 34 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 was listed as one of Fortune\u2019s World\u2019s Most Admired Companies for 2021 as well as being included in Barron\u2019s 100 Most Sustainable Companies for the third year in a row. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=GP1jJ6j0Fk2MgReWaaXJUwTLieeFNGLH4xaOjr_p8nNQMEJmOWLNubin8YnJde9biXSl_IDQGqUtPvO4s8Cncw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.sonoco.com<\/a>.\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIwNTc2MSM0MDg5NzExIzIwMDQ1Mjc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/5e0e1cdf-1beb-4367-8555-cc9eadc1c4e6\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contact:\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., March 24, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 26, 2021. Sonoco said the price increase was in response to strong demand across its U.S. and Canada mill network which is driving significantly longer backlogs as well as stepped up inflation of input costs, especially freight, papermaking chemicals and packaging supplies. About Sonoco 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$5.2 billion, the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sonoco Implementing Price Increase for Uncoated Recycled Paperboard&#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-464351","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sonoco Implementing Price Increase for Uncoated Recycled Paperboard - 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-implementing-price-increase-for-uncoated-recycled-paperboard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sonoco Implementing Price Increase for Uncoated Recycled Paperboard - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"HARTSVILLE, S.C., March 24, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning April 26, 2021. Sonoco said the price increase was in response to strong demand across its U.S. and Canada mill network which is driving significantly longer backlogs as well as stepped up inflation of input costs, especially freight, papermaking chemicals and packaging supplies. About Sonoco 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. 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Sonoco said the price increase was in response to strong demand across its U.S. and Canada mill network which is driving significantly longer backlogs as well as stepped up inflation of input costs, especially freight, papermaking chemicals and packaging supplies. About Sonoco 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. 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