Medical device and disposables manufacturer Sonoco has increased its pricing on all uncoated recycled paperboard products (URB) in the United States and Canada to $60 per ton from $40 per ton.
“Sonoco previously announced a URB price increase of $40 to $60 per ton in October 2016, and the company is revising the increase for all grades to $60 per ton, effective with shipments beginning February 6, 2017,” Palace Stepps, division vice president of Sales and Marketing for Sonoco’s U.S. and Canada paper adhesives, said. “This increase is necessary to capture higher recycled fiber and other costs so we can continue providing high-quality, value-adding products to our customers.”
Sonoco has 11 mills in the United States and Canada that together produce more than a million tons of URB every year. The company sells a variety of consumer packaging, industrial products, protective packaging and packaging supply chain services around the world.
