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Industry News, Price Increases, Printers News

Sonoco Implementing Price Increase for Uncoated Recycled Paperboard

Announced it is implementing a $50 per ton price increase for all grades of URB in the US and Canada.

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 30, 2022.

Sonoco said the price change reflects continued tight market conditions and inflationary pressures on manufacturing costs, including energy, freight, chemicals, packaging materials and labor.

“Unfortunately, the conditions that challenged us in 2021 have not dissipated in 2022. We continue to be challenged by strong demand, increasing backlogs and inflating costs,” said Tim Davis, division VP and GM, Paper – US and Canada. 

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