News Details

Sonoco to Increase Prices on Tube and Core Products

August 11, 2008

HARTSVILLE, S.C.--(BUSINESS WIRE)--Aug. 11, 2008--Sonoco (NYSE: SON), one of the largest diversified global packaging companies, will implement a minimum 5 percent increase on all of its tube and core products shipped in the United States and Canada, it was announced today by John Colyer, Sonoco's vice president, Industrial Products North America. The price increase, which will be in addition to an energy surcharge announced in June, will become effective September 15, 2008.

"The price increase reflects recent increases in paper and other raw material costs," said Colyer.

About Sonoco

Founded in 1899, Sonoco is a $4.0 billion global manufacturer of industrial and consumer products and provider of packaging services, with 334 operations in 35 countries, serving customers in some 85 nations. For more information on the Company, visit our Web site at http://www.sonoco.com/.

    CONTACT: Sonoco
             Roger Schrum, 843-339-6018
             roger.schrum@sonoco.com

    SOURCE: Sonoco