{"id":19244,"date":"2024-06-04T05:40:37","date_gmt":"2024-06-04T05:40:37","guid":{"rendered":"https:\/\/allonlinebanglanewspapers.com\/news\/sonoco-to-implement-further-price-increase-for-core-board-and-paperboard-in-europe\/"},"modified":"2024-06-04T05:40:37","modified_gmt":"2024-06-04T05:40:37","slug":"sonoco-to-implement-further-price-increase-for-core-board-and-paperboard-in-europe","status":"publish","type":"post","link":"https:\/\/allonlinebanglanewspapers.com\/news\/sonoco-to-implement-further-price-increase-for-core-board-and-paperboard-in-europe\/","title":{"rendered":"Sonoco To Implement Further Price Increase for Core Board and Paperboard in Europe"},"content":{"rendered":"
\n

BRUSSELS, Belgium, June 04, 2024 (GLOBE NEWSWIRE) — Following the announcement of 25th<\/sup> March 2024, Sonoco (NYSE: SON) today announced it is implementing a further price increase as input costs have continued to rise beyond our initial estimation.<\/p>\n

\u201cWe have already successfully implemented a second increase in the Italian market and this will now be applied in the rest of Europe at\u00a0\u20ac25\/ton, valid for all shipments after 1st<\/sup> July, 2024. The economic climate continues to be challenging making this action necessary to maintain supply to our valued customer base in Europe,\u201d said Nikolaj Thybo, Vice President Sales & Marketing Paper Europe.<\/p>\n

Contact Information:<\/strong>
Lisa Weeks
Vice President of Investor Relations\u00a0& Communications
lisa.weeks@sonoco.com<\/u><\/a>
843-383-7524<\/p>\n

About\u00a0Sonoco<\/strong>
With net sales of approximately\u00a0$6.8 billion\u00a0in 2023,\u00a0Sonoco\u00a0has approximately 22,000 employees working in more than 300 operations around the world, serving some of the world\u2019s best-known brands. With our corporate purpose of\u00a0Better Packaging. Better Life.,\u00a0<\/em>Sonoco\u00a0is committed to creating sustainable products and a better world for our customers, employees, and communities.\u00a0Sonoco\u00a0was named one of America\u2019s Most Responsible Companies by Newsweek. For more information on the Company, visit our website at\u00a0www.sonoco.com<\/u><\/a>.<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

BRUSSELS, Belgium, June 04, 2024 (GLOBE NEWSWIRE) — Following the announcement of 25th March 2024, Sonoco (NYSE: SON) today announced it is implementing a further price increase as input costs have continued to rise beyond our initial estimation. \u201cWe have already successfully implemented a second increase in the Italian market and this will now be […]<\/p>\n","protected":false},"author":2,"featured_media":19245,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/f73aaeef-54c7-4840-ba7d-659e32c9abb9","fifu_image_alt":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-19244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t