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Sonoco-Alcore to Increase Paperboard Prices in Italy

Tuesday, May 26, 2015

Press release from the issuing company

BRUSSELS, Belgium - Sonoco-Alcore S.a.r.l. today announced it will raise prices by €50 per metric ton on all recycled paperboard grades sold in the Company's Italian region. The price change is effective with shipments on or after 15th June, 2015.

"This price increase is in response to rising material and manufacturing costs and price adjustments occurring in the Italian market," said Phil Woolley, Director, Paper Europe.

Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco (NYSE:SON) and operates 29 tubes and cores plants and five paperboard mills in Europe, including the Company's largest European uncoated recycled paperboard mill in Cirie, Italy.

 

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Label & Packaging Section

Jennifer Matt

David Zwang, Editor/Analyst
David travels the globe helping companies increase their productivity, margins and market reach.

 

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