Sonoco to Raise Some Product Prices; Cites Inflation, Market Conditions

Dow Jones
2025/03/11
 

By Adam L. Cataldo

 

Sonoco Products said it would boost prices for all grades of uncoated recycled paperboard products to $70 a ton due inflation and tightening market conditions.

The sustainable packaging company on Monday also said it is raising by 8% prices for all converted paperboard products. The price hikes will take effect with shipments starting on April 15.

The Hartsville, S.C., company's shares are down 3.2% this year and have fallen 18% in the last 52 weeks.

 

Write to Adam L. Cataldo at adam.cataldo@wsj.com

 

(END) Dow Jones Newswires

March 10, 2025 18:22 ET (22:22 GMT)

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