BRUSSELS, Belgium, Jan. 8 /PRNewswire-FirstCall/ -- Sonoco-Alcore
S.a.r.l. will increase paper-based core and tube prices by 8 percent,
effective February 19, 2007, across all its European operations, including
the United Kingdom; western, central and eastern Europe; and the Nordic
region, it was announced today by Eddie L. Smith, vice president -
Industrial Products and Paper - Europe.
"This increase reflects higher production cost components, including
recent coreboard price increases as well as higher costs for
transportation," said Smith.
Sonoco-Alcore is wholly owned by Sonoco (NYSE: SON) and operates 30
tube and core plants and seven paper mills on the European continent and in
the United Kingdom.
SOURCE Sonoco
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CONTACT:
Allan V. Cecil, Vice President, Sonoco,
+1-843-383-7524, or allan.cecil@sonoco.com
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