Sonoco increases prices
Sonoco, the global packaging manufacturer, has announced a 10% price increase on the plastic cartridges and plungers it supplies to the adhesives and sealants sectors.
Bob Puechl, division vice president and general manager of Sonoco's rigid plastics business, said: "The adjustment in price is a direct reflection of the escalating costs in resins, energy, freight and converting."
The increased prices were introduced on 15 August.
Sonoco has 334 facilities in 35 countries.
Sonoco: prices were introduced on 15 August
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