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Low yield on April URB price increase, rising raw material costs, makes it necessary to go back to market to recover costs.
June 13, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Sonoco announced it has restated and is implementing a previously announced price increase for all grades of uncoated recycled paperboard (URB) products in the US and Canada, effective July 10, 2017. The low yield on the previously announced April URB price increase, along with the impact of rising raw material and other costs, makes it necessary to go back to the market to recover those costs, explained Palace Stepps, division VP of sales and marketing for Sonoco’s US and Canada paper and a...
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