|By PR Newswire||
|September 16, 2013 03:00 AM EDT||
BRUSSELS, Sept. 16, 2013 /PRNewswire/ -- Sonoco Alcore S.a.r.l. will increase the price of coreboard and uncoated recycled board in Europe by 50 Euros/40 GBP, effective Oct. 1, 2013.
"We have absorbed higher energy, freight and other material prices throughout 2013 and the current market conditions are such that we must finally increase prices of coreboard and uncoated recycled board," said Phil Woolley, director, Sonoco Alcore Paper.
Sonoco Alcore S.a.r.l. is wholly owned by Sonoco (NYSE: SON) and operates 28 tube and core plans and five paperboard mills in Europe.