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

Sonoco Products Company (NYSE:SON) is included among the 15 Best Dividend Leaders to Buy Right Now.

On March 6, Sonoco Products Company (NYSE:SON) said it will implement a $70 per ton price increase for all grades of uncoated recycled paperboard (URB) in the United States and Canada. The change will apply to shipments beginning April 3, 2026.

Taylor Lane, Vice President and General Manager, Industrial Paper Packaging North America, said the decision reflects changes in the market. He made the following comment:

“The price change is necessitated by tightening market conditions, increased mill utilization rates, and inflationary input costs. We will continue to service our customers with the highest levels of quality and reliability that they are accustomed to when working with Sonoco.”

The company also plans to raise prices for all converted paperboard products by 8%. The increase will take effect for shipments on and after April 15, 2026. These products include paperboard tubes, cores, cones, partitions, protective packaging, and other specialty products.

Sonoco Products Company (NYSE:SON) is a global company focused on value-added, sustainable metal and paper consumer and industrial packaging. In 2025, the company reported net sales of $7.5 billion from continuing operations. Sonoco employs about 22,000 people across 265 operations in 37 countries and serves many well-known brands around the world.

While we acknowledge the risk and potential of SON as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SON and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 40 Most Popular Stocks Among Hedge Funds Heading into 2026 and 14 Low PE High Dividend Stocks to Buy Right Now

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