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Sonoco-Alcore To Increase European Paperboard Prices

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BRUSSELS, Jan. 17, 2013 /PRNewswire/ -- Sonoco-Alcore S.a.r.l. today announced it will raise prices by 30 Euro or £25 per metric ton on all recycled paperboard grades in Europe. The price change is effective with shipments on or after Feb. 15, 2013.

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"The price increase is necessary to manage inflationary cost pressures in Europe, especially energy, freight, starch and other chemical costs," said Adam Wood, vice president, Sonoco-Alcore.

Sonoco-Alcore S.a.r.l. is wholly-owned by Sonoco (NYSE: SON) and operates 30 tube and core plants and five paperboard mills in Europe.

SOURCE Sonoco



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