Sonoco Products Company : Sonoco-Alcore to Increase Paperboard Prices in Italy
(Thomson Reuters ONE) -
BRUSSELS, Belgium, May 25, 2016 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today
announced it will raise prices by ?40 per tonne on all recycled paperboard
grades sold in the Company's Italian region. The price change is effective with
shipments on or after June 6th, 2016.
"This price increase is in response to rising raw material costs which have
occurred and are now at the point where we need to pass this onto the market,"
said Phil Woolley, Director - Paper Europe. "We are also experiencing this
effect in a number of other European countries and expect further announcements
to follow if this trend continues," he added.
Sonoco Alcore S.a.r.l. is wholly-owned by Sonoco (NYSE:SON) and operates 29
tubes and cores plants and four paperboard mills in Europe, including the
Company's largest European uncoated recycled paperboard mill in Cirie, Italy.
Contact:
Roger Schrum
+843/339-6018
roger.schrum(at)sonoco.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Sonoco Products Company via GlobeNewswire
[HUG#2015584]
Unternehmensinformation / Kurzprofil:
Datum: 25.05.2016 - 18:00 Uhr
Sprache: Deutsch
News-ID 473653
Anzahl Zeichen: 1590
contact information:
Town:
HARTSVILLE
Kategorie:
Business News
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