Sonoco announced it will raise the price for all paperboard tubes and cores by a minimum of 6 percent, effective with shipments in the United States and Canada, on or after July 26, 2021. “This price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), our primary raw material which remains in very tight supply. Additionally, we continue to experience significant inflationary pressures in adhesives, packaging and logistics costs,” said Mike Thompson, Director of Sales and Marketing for Sonoco’s North America Tubes and Cores Division.
SCA increases prices on brown and white kraftliner by € 50 per tonne in Europe. The new prices are valid from August, 1, 2021.
“Driven by the continued strong market for transport packaging, the global demand for kraftliner remains high”, says Mikael Frölander, VP Sales & Marketing Containerboard.