Thursday, January 27, 2022
Sonoco recently announcesthat 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 March 1, 2022.
“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, 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 is one of the largest producers of paper-based tubes and cores in North America, which are used to serve the paper, plastic film, textile and tape and specialty industries. Founded in 1899, Sonoco is a global provider of consumer, industrial, healthcare and protective packaging. Sonoco is committed to creating sustainable products, services and programs for their customers, employees and communities that support our corporate purpose of Better Packaging.
Tags: COVID-19, paperboard tubes and cores, Sonoco, woodworking, woodworking and manufacturing, woodworking industry, woodworking USA
