Sonoco Raising Paperboard Prices In North America

Increase of $10 per ton attributed to increases in raw material costs.

Sonoco announced Monday price increases in North America for uncoated recycled paperboard by $40 to $50 per ton, depending on grades, effective with shipments on March 1, 2007.

"This increase is necessitated by recent and projected increases in raw material costs, led by recovered paper, principally Old Corrugated Containers (OCC), as well as chemicals and starch," said Marty Pignone, vice president - Paper, North America.

Sonoco, a manufacturer of industrial and consumer products and a provider of packaging services, has over 300 operations in 35 countries.

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