Sonoco announces price increase on recycled paperboard in U.K.

Sonoco-Alcore S.a.r.l. announced it will raise prices by £40 per tonne on all recycled paperboard grades sold in the United Kingdom.

The price change will be effective with shipments on or after August 15, 2016.

“This price increase is in direct response to rising raw material costs,” said Phil Woolley, director, Paper Europe. “We will continue to monitor market conditions to determine if additional pricing actions will be required in other European markets.”