Sonoco today announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $40 per ton, effective with shipments in the United States and Canada beginning March 2, 2015.
"The price increase is driven by a need to relieve continued inflationary pressure, especially from rising freight rates and chemicals, and to cover the added cost of continued investment in our paper business," said Palace Stepps, director of sales and marketing for Sonoco's North America paper business.Read more
PITTEN, Austria, Sept. 17, 2014 (Press Release) -Hamburger Containerboard to raise prices due to the current market situation by 50.--€/tonne for brown and white containerboard as of October 1st, 2014.
The sustained strong demand has resulted in exceptionally high operating rates on production as well as dramatically low stocks in the plants.
Hamburger Containerboard implements with this further price increase as part of the price development announced in July .
The decision is supported by a strong demand and a positive outlook for Containerboard.Read more