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Sonoco to raise Euro recycled paperboard prices

26-Aug-2009  www.foodproductiondaily.com

Sonoco has announced it is to increase prices on all recycled paperboard grades in Europe.

The packaging giant said it will raise tariffs by €40 or £30 per metric ton on recycled paperboard grades on shipments on or after 14 September, 2009.

The company’s European vice president Eddie L Smith said the price rise was because of higher costs associated with recovered paper and energy, along with “significantly reduced inventories” of coreboard across Europe.

via Sonoco to raise Euro recycled paperboard prices.

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