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Sonoco Increasing Prices for Paperboard, Tubes and Cores


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HARTSVILLE, S.C.--([ BUSINESS WIRE ])--Sonoco (NYSE: SON) today announced that it would increase the price for all grades of uncoated recycled paperboard by $50 per ton and by 5 to 8 percent for tubes and cores, effective with shipments beginning June 6, 2011. The price changes are necessary due to higher base raw materials, chemicals, repair materials and freight costs.

About Sonoco

Sonoco, founded in 1899, is a $4.1 billion global manufacturer of consumer and industrial packaging products and provider of packaging services, with more than 300 operations in 34 countries serving customers in some 85 nations. The Company is a proud member of the Dow Jones Sustainability World Index. For more information on Sonoco, visit our website at [ http://www.sonoco.com ].


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