Sonoco-Alcore to increase prices for tubes and cores

Sonoco-Alcore S.a.r.l. announced it will increase prices for paper-based tubes and cores by up to 8 percent, depending on product category, to all customers in Europe, effective from shipments beginning on October 1, 2016.

“The increase follows a recent rise in coreboard prices across Europe driven predominantly by higher raw material costs,” said Karsten Kemmerling, Director of Sales and Marketing - Tubes and Cores, Europe. “We continue to do all we can to maintain tight cost control, but with coreboard a dominant part of our cost, we are unable to offset recent price increases.”