Sonoco Implementing Price Increase for Paperboard Converted Products

Sonoco announced it will raise the price for all converted paperboard products by a minimum of 6%, effective with shipments in the United States and Canada, on or after July 10, 2024. This includes tubes, cores, cones and protective packaging.

“This price increase is necessary due to continued increases in costs for uncoated recycled paperboard (URB), its primary raw material, plus other inflationary costs,” said Mike Thompson, VP of sales and marketing for Sonoco’s North American Converted Paper Products Division.