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Sonoco-Alcore to Increase Paperboard Prices in EMEA Region

Increase is due to the continued escalation in the cost of European energy.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Sonoco-Alcore S.a.r.l. announces today that due to the continued escalation in the cost of European energy, it will raise prices by €100 (£85)/ton on all recycled paperboard grades sold in the company’s EMEA regions effective for all shipments made on or after March 14, 2022.

“We are continuing to see considerable price volatility in energy markets and across other cost areas of our business. These cost increases, in conjunction with disruptions to our supply chain, now mean that we have no choice but to react to the situation,” said Phil Wolley, division VP – Paper Europe. “We will continue to monitor events as they develop and take actions necessary to maintain supplies to our customers. We cannot, however, rule out further increases or surcharges being required at this stage.”

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