Industry News, Price Increases, Printers News

Sonoco Sets Price Increase for all Paperboard Converted Products

Price increase is due to continued increases in costs for uncoated recycled paperboard.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sonoco announced it will raise the price for all converted paperboard products by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after Feb. 1, 2024. “This price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material,” said Mike Thompson, VP of sales and marketing for Sonoco’s North American Converted Paper Products Division....

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