07.10.15
Sonoco-Alcore S.a.r.l. will raise prices for paper-based tubes and cores by at least 5.5%, depending on the type of product, to all customers in Italy and Spain effective with shipments beginning July 13, 2015.
“After a period of stability in our base raw materials, we are now seeing market rises in OCC (old corrugated containers) in a number of European countries. With Asian countries again sourcing raw materials in Europe, supply has become constrained and naturally prices are rising. The most recent sustained moves have been in Italy and Finland. While we have yet announced changes in Finland, we continue to monitor this situation closely,” said Karsten Kemmerling, director of sales and marketing, Tubes and Cores, Europe. “We are doing all we can to keep costs under control, but with coreboard rising by €50 per ton, we can no longer absorb these and other costs without adjusting our selling prices for tubes and cores.”
“After a period of stability in our base raw materials, we are now seeing market rises in OCC (old corrugated containers) in a number of European countries. With Asian countries again sourcing raw materials in Europe, supply has become constrained and naturally prices are rising. The most recent sustained moves have been in Italy and Finland. While we have yet announced changes in Finland, we continue to monitor this situation closely,” said Karsten Kemmerling, director of sales and marketing, Tubes and Cores, Europe. “We are doing all we can to keep costs under control, but with coreboard rising by €50 per ton, we can no longer absorb these and other costs without adjusting our selling prices for tubes and cores.”