Sonoco Implementing Price Increases for Uncoated Recycled Paperboard, Converted Paperboard Products
Sonoco (NYSE: SON) has announced significant price increases across its paper packaging products. The company will implement a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada, effective April 10, 2025.
Additionally, Sonoco will raise prices for all converted paperboard products by a minimum of 8%, effective April 15, 2025. This increase affects paperboard tubes, cores, cones, partitions, protective packaging, and other specialty products.
The company cites continued inflation in input costs and tightening market conditions as reasons for the price adjustments. Sonoco is also transitioning to value-based pricing, moving away from old corrugated container price mechanisms to better reflect market conditions and operational costs.
Sonoco (NYSE: SON) ha annunciato significativi aumenti di prezzo per i suoi prodotti di imballaggio in carta. L'azienda attuerà un aumento di prezzo di $70 per tonnellata per tutte le categorie di cartone riciclato non rivestito (URB) negli Stati Uniti e in Canada, a partire dal 10 aprile 2025.
Inoltre, Sonoco aumenterà i prezzi per tutti i prodotti in cartone convertito di almeno l'8%, a partire dal 15 aprile 2025. Questo aumento riguarda tubi, nuclei, coni, partizioni, imballaggi protettivi e altri prodotti speciali in cartone.
L'azienda cita l'inflazione continua nei costi di input e le condizioni di mercato sempre più restrittive come motivi per gli aggiustamenti di prezzo. Sonoco sta anche passando a una strategia di pricing basata sul valore, allontanandosi dai vecchi meccanismi di prezzo dei contenitori di cartone ondulato per riflettere meglio le condizioni di mercato e i costi operativi.
Sonoco (NYSE: SON) ha anunciado aumentos de precios significativos en sus productos de embalaje de papel. La empresa implementará un aumento de precio de $70 por tonelada para todos los grados de cartón reciclado sin recubrimiento (URB) en los Estados Unidos y Canadá, a partir del 10 de abril de 2025.
Además, Sonoco aumentará los precios de todos los productos de cartón convertido en un mínimo del 8%, a partir del 15 de abril de 2025. Este aumento afecta a tubos de cartón, núcleos, conos, particiones, embalaje protector y otros productos especiales.
La empresa cita la continua inflación en los costos de insumos y el endurecimiento de las condiciones del mercado como razones para los ajustes de precios. Sonoco también está haciendo la transición a una estrategia de precios basada en el valor, alejándose de los antiguos mecanismos de precios de contenedores de cartón ondulado para reflejar mejor las condiciones del mercado y los costos operativos.
Sonoco (NYSE: SON)은 종이 포장 제품 전반에 걸쳐 상당한 가격 인상을 발표했습니다. 이 회사는 미국과 캐나다에서 모든 종류의 비코팅 재활용 판지(URB)에 대해
또한, Sonoco는 모든 가공 판지 제품의 가격을 최소 8% 인상할 예정이며, 이는 2025년 4월 15일부터 적용됩니다. 이 인상은 판지 튜브, 코어, 원뿔, 칸막이, 보호 포장 및 기타 특수 제품에 영향을 미칩니다.
회사는 원자재 비용의 지속적인 인플레이션과 시장 조건의 긴축을 가격 조정의 이유로 언급하고 있습니다. Sonoco는 또한 구식 골판지 용기 가격 메커니즘에서 벗어나 시장 조건과 운영 비용을 더 잘 반영하기 위해 가치 기반 가격 책정으로 전환하고 있습니다.
Sonoco (NYSE: SON) a annoncé des augmentations de prix significatives sur ses produits d'emballage en papier. L'entreprise mettra en œuvre une augmentation de prix de 70 $ par tonne pour toutes les catégories de carton recyclé non couché (URB) aux États-Unis et au Canada, à compter du 10 avril 2025.
De plus, Sonoco augmentera les prix de tous les produits en carton transformé d'au moins 8%, à compter du 15 avril 2025. Cette augmentation concerne les tubes en carton, les noyaux, les cônes, les partitions, les emballages de protection et d'autres produits spécialisés.
L'entreprise cite l'inflation continue des coûts d'entrée et le resserrement des conditions du marché comme raisons des ajustements de prix. Sonoco est également en train de passer à une tarification basée sur la valeur, s'éloignant des anciens mécanismes de prix des conteneurs en carton ondulé pour mieux refléter les conditions du marché et les coûts opérationnels.
Sonoco (NYSE: SON) hat signifikante Preiserhöhungen für seine Papierverpackungsprodukte angekündigt. Das Unternehmen wird eine Preiserhöhung von 70 $ pro Tonne für alle Sorten von unbeschichtetem Recyclingkarton (URB) in den Vereinigten Staaten und Kanada ab dem 10. April 2025 umsetzen.
Darüber hinaus wird Sonoco die Preise für alle verarbeiteten Kartonprodukte um mindestens 8% erhöhen, die ab dem 15. April 2025 wirksam wird. Diese Erhöhung betrifft Kartontuben, Kerne, Kegel, Trennwände, Schutzverpackungen und andere Spezialprodukte.
Das Unternehmen nennt die anhaltende Inflation der Inputkosten und die sich verschärfenden Marktbedingungen als Gründe für die Preisänderungen. Sonoco wechselt auch zu einer wertbasierten Preisgestaltung und entfernt sich von den alten Preismechanismen für Wellpappbehälter, um die Marktbedingungen und Betriebskosten besser widerzuspiegeln.
- Price increases of $70/ton for URB demonstrate pricing power
- 8% minimum price increase across converted paperboard products
- Strategic shift to value-based pricing model to better reflect costs and value
- Rising input costs impacting operational expenses
- Tightening market conditions indicating potential market challenges
HARTSVILLE, S.C., March 10, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable paper and metal packaging, today announced it is implementing a
According to John Florence, General Counsel, Secretary and Vice President and General Manager, Industrial Paper Packaging North America, the price change is necessitated by continued inflation in input costs and tightening market conditions.
“Sonoco is committed to continuously improving our product offerings and pricing strategies to serve our customers better. As part of this commitment, we are also realigning to value-based pricing and transitioning away from offering old, corrugated container price mechanisms, which are not true reflections of our overall value and cost to serve customers. This change more accurately reflects current market conditions and the value of our products and service offerings while ensuring the sustainability of our operations,” Florence said.
Sonoco also will increase prices for all converted paperboard products by a minimum of 8 percent, effective with shipments on and after April 15, 2025. This includes paperboard tubes, cores, cones, partitions, protective packaging and other specialty products.
About Sonoco
Sonoco (NYSE: SON) is a global leader in high-value sustainable packaging that serves some of the world’s best-known brands. Sonoco has approximately 28,000 employees working in more than 300 operations around the world. Guided by our purpose of Better Packaging. Better Life., we strive to foster a culture of innovation, collaboration and excellence to provide solutions that better serve all our stakeholders and support a more sustainable future. Sonoco was proudly named one of America’s Most Responsible Companies by Newsweek in 2024. For more information on the Company, visit our website at www.sonoco.com.
Contact:
Roger Schrum
843-339-6018
roger.schrum@sonoco.com
FAQ
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