Sonoco projects a nearly $20 OCC hike
By Ken McEntee Sonoco Products Co. expects to see a $19 per ton average increase in the price of old corrugated containers (OCC) this year relative to 2020. Speaking at… Thank you for checking us…
Sonoco
Sonoco to increase corrugating medium price
Sonoco said it is implementing a $50 per short ton increase on all domestic and export corrugating medium grades shipping from its Hartsville, S.C. paper mill. The prices are effective… Thank you for checking us…
Sonoco to divest Europe packaging business
Sonoco has signed an agreement to sell its Europe contract packaging business to Prairie Industries Holdings, a Wisconsin-based contract packaging and contract manufacturing firm backed by The Halifax Group, a… Thank you for checking us…
Sonoco expects OCC prices to stabilize this quarter
By Ken McEntee After coming down from transacted prices that sometimes exceeded $200 per ton in May, old corrugated container (OCC) markets are expected to stabilize at current levels, at… Thank you for checking us…
Recycled fiber price rise is unprecedented, Sonoco says
By Ken McEntee The “unprecedented” rise in recovered paper prices during March will have a significant impact on Sonoco’s second quarter results, CEO Howard Coker said, while announcing the company’s… Thank you for checking us…
The Market: OCC rises to 31-month high
By Ken McEntee Although mill groups like Sonoco this month have publicly projected that recovered paper prices could reach $100 per ton by July, in reality, old corrugated containers (OCC)… Thank you for checking us…
Sonoco to raise recycled paperboard price
Sonoco said it will implement a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) in the U.S. and Canada, effective with shipments beginning May 13,… Thank you for checking us…
Sonoco to add recycled board machine, close another
Sonoco said it will invest $83 million to strengthen its uncoated recycled paperboard (URB) mill system in the United States and Canada while exiting the corrugated medium business by the… Thank you for checking us…
Sonoco joins new alliance to advance fiber-based packaging
Sonoco has joined 4evergreen, an international industry alliance dedicated to boosting the role of fiber-based packaging to create a circular and more sustainable economy that reduces climate change and other… Thank you for checking us…
Sonoco projects $35 OCC for 2020
By Ken McEntee The present old corrugated container (OCC) price of about $35 per ton is likely to stand through the new year, Sonoco Products Co. projects. Speaking on a… Thank you for checking us…