Industry News, Price Increases, Printers News

Sonoco Implementing Price Increase for Rigid Plastic Packaging

Prices will be increased between 6% and 10% based on the specific resin substrate.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sonoco announced it is implementing a price increase for all rigid plastic packaging in the US and Canada, effective Nov. 5, 2018.  Prices will be increased between 6% and 10% based on the specific resin substrate.   “Sonoco’s Supply Management team has adeptly leveraged our global buying presence, enabling us to source the resin we need to serve our customers while mitigating as much inflation as possible,” said Jeff DiPasquale, division VP and GM for Sonoco’s Global Plastics operations. “Howev...

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