Nip Impressions logo
Sat, Jun 22, 2024 15:15
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side
Sonoco-Alcore to Hike Tube & Core Prices in the EMEA Region

BRUSSELS, Belgium (News release) -- Sonoco-Alcore S.a.r.l. announced today that due to continued inflationary pressure on the business, it will raise prices by 7% on all tube and core grades sold in the company's EMEA regions. The increase is in direct response to the continued escalation of its cost base and will be effective for all shipments made on or after 15th June, 2024.

"We continue to experience further cost increases in all sectors of our operations and supply chain, mainly related to increasing cost for core board. We are forced to pass on cost increases to the market, as we are unable to absorb them any further. Supply security and quality remains our primary focus. No shortage is currently foreseen, but we need to keep pace with this cost curve," said Karsten Kemmerling, Division VP - Sales & Marketing EMEA.

Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco (NYSE:SON) and operates 19 tubes and core plants and five paperboard mills in Europe including the Company's largest European uncoated recycled paperboard mill in Cirie, Italy.

Ensure up to 50,000 Pulp and Paper professionals see your company as they search this directory.


Printer-friendly format

 





Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: