It would appear that Smurfit Kappa’s profits have declined and they feel it’s necessary to charge more for their products in an attempt to stop the slide – they could be on dodgy ground though – I wonder how many of their converting customers are going to feel able to pass on any of the increases to their own clients. 

Or is this a signal that the market is on the rise – will other manufacturers see what Smurfit is doing and also push for increases – comment by J Bear

Simeon Goldstein, packagingnews.co.uk, 17 September 2009

Corrugated board manufacturer Smurfit Kappa is raising its European recycled-grade containerboard prices for the second time in two months.

via Smurfit Kappa announces further European price hike | packagingnews.co.uk.

Ben Bold, packagingnews.co.uk, 16 September 2009

US packaging group Sonoco is making redundancies and consolidating a number of its businesses in an attempt to cut $20m £12.12m per year in costs.

via Sonoco seeks $20m annual savings with huge restructure | Business | packagingnews.co.uk.