Sonoco announced it is implementing a further price increase as input costs have continued to rise beyond our initial estimation. “We have already successfully implemented a second increase in the Italian market and this will now be applied in the rest of Europe at EUR 25/ton, valid for all shipments after 1st July, 2024. The economic climate continues to be challenging making this action necessary to maintain supply to our valued customer base in Europe,” said Nikolaj Thybo, VP sales and marketing paper Europe.
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