Friday, June 28, 2013

Sonoco Raises Prices on Cores and Tubes

Sonoco (SON) today announced that it will raise the price for all paperboard tubes and cores by 5 percent, effective with shipments in the United States and Canada beginning July 15, 2013.
"This price increase is necessary to recover recently announced paperboard price increases," said James Harrell , vice president, Tubes and Cores- North America .
Sonoco is the largest producer of paper-based tubes and cores in North America , used to serve the paper, textiles, plastic films, and tape and specialty industries.