Sonoco (SON) Announces $70-Per-Ton Price Increase for Recycled Paperboard in North America

Group 1 - Sonoco Products Company is recognized as one of the 15 Best Dividend Leaders to buy currently [1] - The company announced a $70 per ton price increase for all grades of uncoated recycled paperboard in the U.S. and Canada, effective April 3, 2026, due to tightening market conditions and inflationary input costs [2] - Additionally, Sonoco plans to raise prices for all converted paperboard products by 8%, effective for shipments on and after April 15, 2026 [2] Group 2 - In 2025, Sonoco reported net sales of $7.5 billion from continuing operations and employs approximately 22,000 people across 265 operations in 37 countries [3] - The company focuses on value-added, sustainable metal and paper consumer and industrial packaging, serving many well-known brands globally [3]