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Will implement a $60 per ton price increase for all grades of URB in the US and Canada, effective with shipments beginning Nov. 1, 2021.
October 12, 2021
By: DAVID SAVASTANO
Sonoco announced it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) in the US and Canada, effective with shipments beginning Nov. 1, 2021. Sonoco said the price increase was in response to continued inflationary pressures on manufacturing costs, including energy, freight, chemicals, and packaging materials. “Inflation on our input costs remain unabated as we enter the last quarter of 2021, and we expect these cost pressures to continue into 2022,” said Tim Davis, division VP and GM, North America Paper.Â
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