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Sonoco Announces North America Paperboard Price Increase

August 5, 2009

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HARTSVILLE, S.C.--(BUSINESS WIRE)--Aug. 5, 2009-- Sonoco (NYSE:SON) will increase prices in North America for all uncoated recycled paperboard grades by $40 per ton effective with shipments on August 31, 2009, according to James Harrell, division vice president and general manager, Paper—North America.

“The cost of recovered paper, our primary raw material, has increased significantly over the past several months along with other input costs which makes it essential that we begin recovering these higher costs,” said Harrell.

About Sonoco

Founded in 1899, Sonoco is a $4.1 billion global manufacturer of industrial and consumer products and provider of packaging services, with more than 300 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/.

 

Source: Sonoco

Sonoco
Robin Montgomery, 843-383-7509; robin.montgomery@sonoco.com
www.sonoco.com