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Nearly two years since Sonoco’s last URB market price increase, per Tim Davis, division VP and GM, Paper and Adhesives, U.S./Canada.
April 15, 2020
By: Anthony Locicero
Copy editor, New York Post
Sonoco announced it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the US and Canada, effective with shipments beginning May 13, 2020. According to Tim Davis, division VP and GM, Paper and Adhesives, U.S./Canada, it has been nearly two years since Sonoco’s last URB market price increase, and since that time the company has experienced inflation on input costs such as starch and other papermaking chemicals, labor and fringes, repair costs and...
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