Sonoco to Increase Prices for Uncoated Recycled Paperboard Products
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HARTSVILLE, S.C.--(Business Wire)-- Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will implement a $50 per ton price increase for all uncoated recycled paperboard products in the United States and Canada, it was announced today by James Harrell, division vice president and general manager, Paper North America. The price increase will become effective with shipments on and after September 1, 2008. In most cases, the price increase will take the place of a previously announced energy surcharge that went into effect on July 14, 2008. About Sonoco Founded in 1899, Sonoco is a $4.0 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 330 operations in 35 countries, serving customers in some 85 nations. For more information on the Company, visit our Web site at http://www.sonoco.com/. Sonoco Roger Schrum, 843-339-6018 roger.schrum@sonoco.com Copyright Business Wire 2008
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