Paperboard Industries Plans Boxboard Price Hike

Paperboard Industries International Inc. announces a boxboard price increase of $80 per metric ton. The increase is slated to begin with shipments starting Feb. 21. The company cited sharply higher prices of its raw material, both recovered fiber and market pulp, as reasons for the increase.

The company cited that since the start of last year market pulp has increased more than 25 percent, while the average cost of recovered fiber has more than doubled.

Paperboard operates seven mills with a total annual production capacity of 825,000 metric tons of coated boxboard for conversion into folding cartons and micro-flute packaging. Three of the mills are located in Canada, two in France, one in Germany and one in Sweden.

Paperboard Industries is the ninth largest coated boxboard producer in North America and the fourth largest in Europe. In North America, Paperboard is vertically integrated downstream through its Somerville Packaging Division, one of North America’s leading folding carton manufacturers. Somerville Packaging has five state-of-the-art plants - one in Quebec, three in Ontario and one in Kentucky - with an annual converting capacity of 125,000 metric metric tons of boxboard, most of which is supplied from Paperboard’s Canadian boxboard mills.