Sonoco implementing price increase in Europe

Sonoco has confirmed it is implementing a €60 per ton (£50 for UK), price increase for all grades of uncoated recycled paperboard (URB) sold in Europe, effective for deliveries after 15th April 2024.

“This price adjustment has become necessary to offset the higher input cost caused by general inflation and the current challenging economic climate,” said Nikolaj Thybo, Vice President Sales & Marketing Paper Europe. “We will continue to monitor the situation closely and take all action needed to support our customer base here in Europe.”

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