Sonoco Implementing Price Increase for All Paperboard Tubes and Cores - Global Paper Money

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Sonoco Implementing Price Increase for All Paperboard Tubes and Cores

HARTSVILLE, S.C. (News release) -- Sonoco announced that it is implementing a price increase for all paperboard tubes and cores by 8 percent, effective with shipments in the United States and Canada on or after November 23, 2020.

"This price increase is necessary to recover recently announced paperboard price increases and other inflationary costs which we are unable to absorb," said Mike Thompson, Director of Sales and Marketing, Tubes and Cores North America.

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