Sonoco-Alcore S.a.r.l. announced that it will introduce a price surcharge of €50 per ton on all recycled paperboard grades sold in the company’s Central European regions.
The price change is effective with shipments on or after May 15, 2020.
“The increase is in direct response to the rapidly escalating cost and limited availability of waste paper currently seen across Europe due to the current economic weakness. The surcharge mechanism will be used to recover these unprecedented spikes in cost and will be adjusted as the situation evolves,” said Phil Woolley, director – Paper Europe.
Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco
and operates 29 tubes and cores plants and five paperboard mills in Europe.