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Truist: Greif's and Sonoco's price hikes for uncoated recycled paperboard could foreshadow another price increase for coated recycled board; inflationary pressures could also spur producers to raise prices on certain grades of virgin boxboard

Sonoco to implement US$70/ton price increase for all grades of uncoated recycled paperboard in US and Canada, effective with shipments beginning July 10; price increase is necessary to offset increased input costs

Sonoco to implement further price increase for core board and paperboard in Europe, as input costs have continued to rise beyond initial estimates; Sonoco to apply €25/ton increase across Europe, valid for all shipments after July 1

Wells Fargo Conference takeaways from Sonoco: Volume stabilization is playing out, with destocking now mostly complete; with signs of uncoated recycled paperboard demand strengthening, second URB price increase in July is likely

Sonoco paper mill in Stainland, UK, selects SAEL to build on 2022 system improvements by delivering new approach supply; SAEL delivers DCS automation system for approach and forming rebuild, start-up of DCS implemented with PLC S7 1500 File Safe, SCALINK

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