Monthly Archives: August 2016
Sonoco announces price increase on recycled paperboard in U.K.
(London, July 28, 2016) Sonoco-Alcore S.a.r.l. today announced it will raise prices by £40 per tonne on all recycled paperboard grades sold in the United Kingdom. The price change will be effective with shipments on or after August 15, 2016.
“This price increase is in direct response to rising raw material costs,” said Phil Woolley, director, Paper Europe. “We will continue to monitor market conditions to determine if additional pricing actions will be required in other European markets.”
Sonoco Alcore S.a.r.l. Read More...
Graphic Packaging Second Quarter 2016 Net Sales Up on Acquisitions
(USA, July 26, 2016) Graphic Packaging Holding Company (GPK), a leading provider of packaging solutions to food, beverage and consumer product companies, today reported Net Income for second quarter 2016 of $77.8 million, or $0.24 per share, based upon 322.5 million weighted average diluted shares. This compares to second quarter 2015 Net Income of $57.6 million, or $0.17 per share, based on 330.9 million weighted average diluted shares.
Second quarter 2016 Net Income was positively impacted by a discrete tax Read More...