Sonoco has announced that it is increasing the prices for all paperboard tubes and cores in Canada and in the United States.
A minimum of six percent increase on the products will be applicable for all shipments from March 1 onwards.
“Ongoing market tightness, limited paperboard supply and additional inflationary cost pressures to our primary raw materials (uncoated recycled paperboard and adhesives) make this increase necessary,” said Doug Schwartz, division vice-president and general manager of North America tubes and cores. “Despite these market and supply chain challenges, we remain committed to maintaining the quality and service that our customers have become accustomed to when working with Sonoco.”
Sonoco produces paper-based tubes and cores which are used to serve the paper, plastic film, textile and tape and specialty industries.
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