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Sonoco-Alcore to Increase Paperboard Prices in Europe

Prices will rise by a further €50 per ton.

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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. announced it will again raise prices by a further €50 per ton (£40/ton) on all recycled paperboard grades sold in the company’s European regions. The price change is effective with shipments on or after July 17, 2017.
 
“Demand for raw materials has continued to rise throughout the year as a result of China’s ‘National Sword’ initiative, new capacity within the paper packaging sector, and the European economy currently being stronger than we have seen in recent years. The resultant continued increase in raw material costs are again unsustainable and we now have no choice but to pass these increases through into the market,” said Phil Woolley, director – Paper Europe.

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