Sonoco to raise the price of uncoated recycled paperboard
Sonoco will raise the price for all grades of uncoated recycled paperboard (URB) products by $45 per ton, effective with shipments in the US and Canada from August 31, 2015.
“The price increase is driven by recent increases in costs for recovered paper, chemicals and other operating costs,” said Palace Stepps, director, sales and marketing, Sonoco North America paper business.
Sonoco is one of the largest producers of uncoated recycled paperboard in the US and Canada, producing more than 1 million tons annually from 11 mills.
