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Sonoco increases prices
Sonoco (NYSE: SON), one of the largest diversified global packaging companies, today announced a 10 percent price increase on the plastic cartridges and plungers it supplies into the adhesives and sealants marketplace. The increase went into effect Aug. 15.“The adjustment in price is a direct reflection of the escalating costs in resins, energy, freight and converting,” said Bob Puechl, division vice president and general manager - Rigid Plastics.
