Sonoco recently announced that it will be increasing the prices for all paperboard tubes and cores by a minimum of six percent. The price increase is effective after June 10 and is applicable for all shipments in Canada and the United States.
“Ongoing market tightness and additional inflationary cost pressures from rising paperboard prices, our primary raw material, along with higher labour rates, make this increase necessary,” said Doug Schwartz, division vice-president and general manager, North America tubes and cores. “Despite these supply chain pressures, we remain committed to maintaining the quality and service that our customers are accustomed to.”
Sonoco is a producer of paper-based tubes and cores in North America, which are used to serve the paper, plastic film, textile, tape and specialty markets.
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