The paper-based tubes and core specialist said that the price rise will be effective with shipments in the US and Canada beginning 15 July.
"This price increase is necessary to recover recently announced paperboard price increases," said James Harrell, vice president, Tubes and Cores—North America.
The news comes as the firm recently announced that forty nine jobs could be at risk at its rigid plastic plant in Carrickmacross, Ireland.? It declared that it was entering into consultation with the workforce regarding the potential closure of the Carrickmacross facility in November.
Source:
http://www.packagingnews.co.uk/news/sonoco-announces-price-hike-for-paperboard-tubes-and-cores/
