BRUSSELS, Belgium, Feb. 18, 2013 /PRNewswire/ -- Following a recently announced coreboard price increase, Sonoco-Alcore S.a.r.l. today announced that it will increase prices of all tube and core-related products by 5.5 percent, effective March 1, 2013.
"This price increase is in response to lower European volumes and the continued inflationary cost pressures we experience in Europe, especially for energy, freight, chemicals and labor," said Adam Wood, vice president, Sonoco-Alcore.
Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco (NYSE:SON) and operates 29 tube and core plants and five paperboard mills in Europe.
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