Sonoco (SON) to implement a USD 60/T price increase for all grades of uncoated recycled paperboard in Canada & the US, from 8th of July

VP says, “This necessary increase is driven by several factors, including robust demand across our markets and strong utilization in our paper mill network. Additionally, elevated inflationary pressures have significantly increased our operating costs. We remain committed to delivering reliable supply and high-quality products, and this increase helps ensure we can continue to support our customers’ business effectively.”