{"id":526433,"date":"2021-08-11T06:48:10","date_gmt":"2021-08-11T10:48:10","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores-4\/"},"modified":"2021-08-11T06:48:10","modified_gmt":"2021-08-11T10:48:10","slug":"sonoco-announces-price-increase-for-paperboard-tubes-and-cores-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores-4\/","title":{"rendered":"Sonoco Announces Price Increase for Paperboard Tubes and Cores"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"start\">HARTSVILLE, S.C., Aug.  11, 2021  (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it will raise the price for all paperboard tubes and cores by a minimum of 8 percent, effective with shipments in the United States and Canada, on or after September 10, 2021.<\/p>\n<p align=\"start\">\u201cSignificant market tightness and additional inflationary cost pressures to our primary raw materials (uncoated recycled paperboard and adhesives) make this increase necessary,\u201d said Doug Schwartz, Division Vice President and General Manager, North America Tubes and Cores. \u201cDespite these market and supply chain challenges, we remain committed to maintaining the quality and service that our customers have become accustomed to when working with Sonoco.\u201d<\/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, plastic film, textile 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=5iety7F4rd8uzjacD-ulcZ0nLx3lkQ9fYOwwW2Yb_mXONhahneVIgaUfbQ7Qb3u4_H8C75FlgzvVFoCgAtpDXg==\" rel=\"nofollow noopener\" 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 consumer, industrial, healthcare and protective packaging. With annualized net sales of approximately $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 <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5iety7F4rd8uzjacD-ulcaXzdkz47fk54U0BfEDPL3KZjTWGJc2KccZmxORSo0Bp97SDTH4I5QeTsWtKWqh9Lw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.sonoco.com<\/u><\/a>.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNjc0MSM0MzUxODM1IzIwMDQ1Mjc=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzhiNGRkMTUtMzliNC00NjJiLThiOTItN2NlNmQyMmEwYTc4LTEwMTYxMDA=\/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. 11, 2021 (GLOBE NEWSWIRE) &#8212; Sonoco (NYSE: SON) today announced it will raise the price for all paperboard tubes and cores by a minimum of 8 percent, effective with shipments in the United States and Canada, on or after September 10, 2021. \u201cSignificant market tightness and additional inflationary cost pressures to our primary raw materials (uncoated recycled paperboard and adhesives) make this increase necessary,\u201d said Doug Schwartz, Division Vice President and General Manager, North America Tubes and Cores. \u201cDespite these market and supply chain challenges, we remain committed to maintaining the quality and service that our customers have become accustomed to when working with Sonoco.\u201d Sonoco is the largest producer of paper-based tubes and cores in North &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sonoco-announces-price-increase-for-paperboard-tubes-and-cores-4\/\" 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-526433","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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