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Sonoco Alcore to hike prices for coreboard and uncoated recycled board products by Euro 50/tonne or GBP 40/tonne across Europe, effective Oct. 1

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Sonoco Alcore to hike prices for coreboard and uncoated recycled board products by Euro 50/tonne or GBP 40/tonne across Europe, effective Oct. 1

September 15, 2013 - 20:04

BRUSSELS, Sept. 16, 2013 (PRNewswire) -Sonoco Alcore S.a.r.l. will increase the price of coreboard and uncoated recycled board in Europe by 50 Euros/40 GBP, effective Oct. 1, 2013.

"We have absorbed higher energy, freight and other material prices throughout 2013 and the current market conditions are such that we must finally increase prices of coreboard and uncoated recycled board," said Phil Woolley, director, Sonoco Alcore Paper.

Sonoco Alcore S.a.r.l. is wholly owned by Sonoco and operates 28 tube and core plans and five paperboard mills in Europe.