BRUSSELS, Belgium, Dec. 15 /PRNewswire-FirstCall/ -- Sonoco-Alcore
S.a.r.l. will raise prices for coreboard by a total of 55 Euro per ton, it was
announced today by James Harrell, chief executive officer of Sonoco-Alcore
S.a.r.l.
(Logo: http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO)
"To assist our customers with passing this increase through to their
respective markets, Sonoco-Alcore will implement the increase in two phases.
The first will be an increase on January 15, 2006, for 35 Euro, and the second
will be an increase of 20 Euro on February 24, 2006," said Harrell.
"Our industry has seen four years of declining prices, and current price
levels are not sustainable given the inflationary costs being incurred for
energy, transportation and chemicals," he added.
Sonoco-Alcore S.a.r.l., owned 64.5 percent by Sonoco (NYSE: SON) and 35.5
percent by Ahlstrom Corporation, currently consists of 33 core and tube plants
and seven paper mills throughout Europe.
SOURCE Sonoco
 back to top
Related links:
http://www.sonoco.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/19991006/SNCLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Allan V. Cecil, Vice President, Sonoco,
+1-843-383-7524, or allan.cecil@sonoco.com
|
