{"id":525122,"date":"2021-08-09T06:48:01","date_gmt":"2021-08-09T10:48:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\/"},"modified":"2021-08-09T06:48:01","modified_gmt":"2021-08-09T10:48:01","slug":"sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\/","title":{"rendered":"Sonoco Implementing Price Increase for Uncoated Recycled Paperboard"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">HARTSVILLE, S.C., Aug.  09, 2021  (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning September 7, 2021.<\/p>\n<p align=\"start\">Sonoco said the price increase was in response to continued tight market conditions as strong demand across the Company\u2019s U.S. and Canada mill network has resulted in order backlogs remaining at near historic highs as well as unprecedented inflationary pressures on papermaking.<\/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 19,000 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 <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 consecutive year. For more information, visit <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kKB8VUUvM7UCOF1d7ikVCZEWWWEZ0i6wHRkVlFFOaYTyMxV2mL50uc5-MZkd_DdRjcZ6SD3bib4hhr4J59tNNw==\" rel=\"nofollow noopener\" target=\"_blank\">www.sonoco.com<\/a><\/u>.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNTAzNSM0MzQ3NDE4IzIwMDQ1Mjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YWZlMmQxYzAtMWU5NS00YzkwLTk2ZGYtN2NlODA1OTk0YzZmLTEwMTYxMDA=\/tiny\/Sonoco-Products-Company.png\" \/>\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., Aug. 09, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning September 7, 2021. Sonoco said the price increase was in response to continued tight market conditions as strong demand across the Company\u2019s U.S. and Canada mill network has resulted in order backlogs remaining at near historic highs as well as unprecedented inflationary pressures on papermaking. 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 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\/\" 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-525122","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-2\/\" \/>\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., Aug. 09, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it is implementing a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective with shipments beginning September 7, 2021. Sonoco said the price increase was in response to continued tight market conditions as strong demand across the Company\u2019s U.S. and Canada mill network has resulted in order backlogs remaining at near historic highs as well as unprecedented inflationary pressures on papermaking. 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 &hellip; Continue reading &quot;Sonoco Implementing Price Increase for Uncoated Recycled Paperboard&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-09T10:48:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNTAzNSM0MzQ3NDE4IzIwMDQ1Mjc=\" \/>\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-implementing-price-increase-for-uncoated-recycled-paperboard-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Sonoco Implementing Price Increase for Uncoated Recycled Paperboard\",\"datePublished\":\"2021-08-09T10:48:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\\\/\"},\"wordCount\":211,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMwNTAzNSM0MzQ3NDE4IzIwMDQ1Mjc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/sonoco-implementing-price-increase-for-uncoated-recycled-paperboard-2\\\/\",\"name\":\"Sonoco Implementing Price Increase for Uncoated Recycled Paperboard - 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Sonoco said the price increase was in response to continued tight market conditions as strong demand across the Company\u2019s U.S. and Canada mill network has resulted in order backlogs remaining at near historic highs as well as unprecedented inflationary pressures on papermaking. 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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