Industry News, Price Increases, Printers News

Sonoco Implementing Price Increase for URB in Europe

Uncoated recycled paperboard prices rising €60 per ton, £50 for UK market.

Sonoco announced it is implementing a €60 per ton, £50 for UK market, price increase for all grades of uncoated recycled paperboard (URB) sold in Europe effective for deliveries after April 15, 2024.

“This price adjustment has become necessary to offset the higher input cost caused by general inflation and the current challenging economic climate,” said Nikolaj Thybo, VP sales and marketing paper Europe. “We will continue to monitor the situation closely and take all action needed to support our customer base here in Europe.”

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