04:31 PM EDT, 03/25/2024 (MT Newswires) -- Sonoco (SON) said late Monday it's raising prices on all grades of uncoated recycled paperboard sold in Europe, effective for deliveries after April 15.

The increases of 60 euros ($65) a ton and 50 British pounds ($63) were "necessary to offset the higher input cost caused by general inflation and the current challenging economic climate," the company said in a statement.