{"id":481004,"date":"2021-04-23T07:03:22","date_gmt":"2021-04-23T11:03:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores-2\/"},"modified":"2021-04-23T07:03:22","modified_gmt":"2021-04-23T11:03:22","slug":"sonoco-announces-price-increase-for-paperboard-tubes-and-cores-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores-2\/","title":{"rendered":"Sonoco Announces Price Increase for Paperboard Tubes and Cores"},"content":{"rendered":"
\n

HARTSVILLE, S.C., April 23, 2021 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON) 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 May 24, 2021.<\/p>\n

\u201cThis price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material which remains in very tight supply. Additionally, we are feeling significant inflationary pressures in adhesives, packaging and logistics costs,\u201d said Mike Thompson, Director of Sales and Marketing for Sonoco\u2019s North America Tubes and Cores Division.<\/p>\n

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 www.sonoco.com<\/u><\/a> or contact the Company at 800-377-2692.<\/p>\n

\n About Sonoco<\/strong>
\n
Founded in 1899, Sonoco (NYSE: SON) is a global provider of consumer, industrial, healthcare and protective packaging. With annualized net sales of approximately $5.2 billion, the Company has 20,000 employees working in approximately 300 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 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 www.sonoco.com<\/u><\/a>.<\/p>\n


\n
\n \n <\/div>\n

\n
Contact:\r\nRoger Schrum\r\n+843-339-6018\r\nroger.schrum@sonoco.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
HARTSVILLE, S.C., April 23, 2021 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON) 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 May 24, 2021. \u201cThis price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material which remains in very tight supply. Additionally, we are feeling significant inflationary pressures in adhesives, packaging and logistics costs,\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, … <\/p>\n
Continue reading “Sonoco Announces Price Increase for Paperboard Tubes and Cores”<\/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-481004","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSonoco 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-2\/\" \/>\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., April 23, 2021 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON) 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 May 24, 2021. \u201cThis price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material which remains in very tight supply. Additionally, we are feeling significant inflationary pressures in adhesives, packaging and logistics costs,\u201d said Mike Thompson, Director of Sales and Marketing for Sonoco\u2019s North America Tubes and Cores Division. 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