Sonoco-Alcore announced Monday that it will increase paper-based core and tube prices by 8 percent, effective February 19, 2007, across all its European operations, including the UK; western, central and eastern Europe; and the Nordic region.
The announcement was made by Sonoco-Alcore's Eddie L. Smith, vice president, Industrial Products and Paper, Europe, who said, "This increase reflects higher production cost components, including recent coreboard price increases as well as higher costs for transportation."
Sonoco-Alcore is wholly owned by Sonoco and operates 30 tube and core plants and seven paper mills on the European continent and in the UK.
