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2016 News Releases

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Q3 2016 Sonoco Earnings Conference Call (Live)
10/20/16 at 11:00 a.m. ET
Q3 2016 Sonoco Earnings Conference Call
Thursday, October 20, 2016 11:00 a.m. ET  
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09/26/2016Sonoco Announces Price Increase for Paperboard Tubes and Cores
HARTSVILLE, S.C., Sept. 26, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it will raise the price for all paperboard tubes and cores by 6 percent to 10 percent, effective with shipments in the United States and Canada, beginning October 24, 2016. “This price increase, our first in more than a year, is necessary due to the recent increase in costs for uncoated recycled paperboard, our primary raw material, combined with price escalations in energy, labor and other input costs,” ... 
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09/20/2016Sonoco ThermoSafe Acquires Laminar Medica Group
Expands Presence in European Temperature-Controlled Packaging Market ARLINGTON HEIGHTS, Ill., Sept. 20, 2016 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature-assurance packaging, has acquired the assets and operations of Laminar Medica in the United Kingdom and Czech Republic, from Clinimed (Holdings) Limited, a privately held specialty medical products company based in the U.K. Terms of the transaction were not disclosed. Esta... 
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09/19/2016Sonoco-Alcore to Increase Paperboard Prices Across Europe
(GLOBE NEWSWIRE via COMTEX) --BRUSSELS, Belgium, Sept. 19, 2016 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices by €40 per tonne on all recycled paperboard grades sold in the Company's Nordic, Central European and Greek regions. The price change is effective with shipments on or after October 17th, 2016. "This price increase is in response to the continuing rise of raw material costs, which are now at the point where we need to pass on to the market," said Phil... 
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09/15/2016Sonoco Announces Price Increase for All Uncoated Recycled Paperboard Products
HARTSVILLE, S.C., Sept. 15, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced that it will raise the price for all grades of uncoated recycled paperboard (URB) products by $40 to $60 per ton depending on grade, effective with shipments in the United States and Canada, beginning October 3, 2016.  “It is critically important in a mature business, such as our paper business, to run our operations efficiently and provide a return that justifies continued investment,” said Palace Stepps... 
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09/08/2016Sonoco Invests in Higher Production Capacity for Advanced Injection-Molded Rigid Plastic Packaging
HOCKENHEIM, Germany, Sept. 08, 2016 (GLOBE NEWSWIRE) -- Sonoco Europe has expanded its production sites for injection-molded rigid plastic packaging in Zwenkau, Germany. By investing approximately 8 million Euros and adding 25 new employees, the Hockenheim-based company aims to increase production capacity and improve the location’s energy efficiency. In Zwenkau, Sonoco produces injection-molded rigid plastic packaging using advanced in-mold labelling (IML) technology. IML technology allows fo... 
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09/06/2016Sonoco ThermoSafe Acquires AAR Cold Chain Solutions Assets
Enters Active Temperature-Controlled Cargo Containers Market ARLINGTON HEIGHTS, Ill., Sept. 06, 2016 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature-assurance packaging, has acquired the PharmaPort 360™ assets, licenses, trademarks and manufacturing rights from AAR, to enter the active temperature-controlled cargo containers market. Sonoco ThermoSafe will own and lease the PharmaPort 360 containers globally while signing a multi... 
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09/02/2016Sonoco-Alcore to Increase Prices for Tubes & Cores in Europe
(GLOBE NEWSWIRE via COMTEX) --BRUSSELS, Belgium, Sept. 02, 2016 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices for paper-based tubes and cores by up to 8 percent, depending on product category, to all customers in Europe, effective from shipments beginning on October 1, 2016. "The increase follows a recent rise in coreboard prices across Europe driven predominantly by higher raw material costs," said Karsten Kemmerling, Director of Sales and Marketing - Tubes ... 
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09/01/2016Sonoco Agrees to Sell Rigid Plastics Blow Molding Operations to Amcor
HARTSVILLE, S.C., Sept. 01, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON) today announced it has reached a definitive agreement to sell its rigid plastics blow molding operations to Amcor, a global leader of rigid and flexible packaging products, for $280 million. The transaction is subject to regulatory approvals in the United States. Sonoco’s rigid plastics blow molding operations include seven manufacturing facilities in the U.S. and Canada with 850 employees producing containers serving th... 
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08/25/2016Hartsville PULSE Initiative Selected as Finalist for Dick and Tunky Riley WhatWorksSC Award for Excellence
Hartsville, S.C., U.S. – The TEACH Foundation (Teaching, Educating and Advancing Children in Hartsville) is pleased to announce its PULSE (Partners for Unparalleled Local Scholastic Excellence) initiative has been selected as a finalist for The Riley Institute at Furman University's 2016 Dick and Tunky Riley WhatWorksSC Award for Excellence. The WhatWorksSC award, first given in 2011, highlights outstanding evidence-based educational initiatives throughout South Carolina. Finalists were chosen b... 
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08/04/2016Sonoco ThermoSafe Introduces the Industry’s First Academic Offering to Train and Certify Cold Chain Packaging Professionals
Certification Program for Design, Development & Distribution of Temperature Controlled Packaging ARLINGTON HEIGHTS, Ill.--(BUSINESS WIRE)--Aug. 4, 2016-- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature assurance packaging, has launched the industry’s first academic offering to train and certify cold chain packaging professionals. The certification program was developed by Sonoco ThermoSafe’s I... 
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07/28/2016Sonoco Announces Price Increase on Recycled Paperboard in U.K.
(GLOBE NEWSWIRE via COMTEX) --BRUSSELS, Belgium, July 28, 2016 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices by £40 per tonne on all recycled paperboard grades sold in the United Kingdom. The price change will be effective with shipments on or after August 15, 2016. "This price increase is in direct response to rising raw material costs," said Phil Woolley, director, Paper Europe. "We will continue to monitor market conditions to determine if additional prici... 
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07/21/2016Sonoco Reports Second Quarter 2016 Results
HARTSVILLE, S.C., July 21, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its second quarter, ending July 3, 2016. Second Quarter Highlights Second quarter 2016 GAAP earnings per diluted share were $0.55, compared with $0.63 in 2015. Second quarter 2016 GAAP results included $0.18 per diluted share, after tax, in asset impairment and restructuring expenses largely related to the divestit... 
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07/20/2016Sonoco Board Declares Regular Quarterly Common Stock Dividend
HARTSVILLE, S.C., July 20, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today declared a $.37 per share quarterly common stock dividend. The dividend will be paid on September 9, 2016, to shareholders of record as of August 12, 2016. According to Jack Sanders, president and chief executive officer, this is the 365th consecutive quarter, dating back to 1925, that the Company has paid dividends to shareholders. About Sonoco Founded in 1899, Sonoco is a global provide... 
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07/12/2016Cascades Sonoco Introduces Industry’s First Water-Based Barrier Coating Allowing the Creation of Recyclable, Repulpable and Compostable Take Out Containers
Revolutionary new product replaces standard LDPE coated folding carton, plastic and Styrofoam options HARTSVILLE, S.C., July 12, 2016 (GLOBE NEWSWIRE) -- After three years of rigorous product development and field trial work, Cascades Sonoco, a joint venture of Sonoco Products Company (NYSE:SON), one of the largest global diversified packaging companies, and Cascades, a leader in the recovery and manufacturing of green packaging and tissue products, introduces a water-based barrier coating to... 
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07/12/2016Sonoco ThermoSafe Launches 3-Day and 5-Day Shipping Solutions for Temperature-Sensitive Pharmaceuticals and Biologics
New ZERO Bench-Time® Shippers Optimize Inventory, Provide Lowest Total Cost of Ownership ARLINGTON HEIGHTS, Ill., July 12, 2016 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature assurance packaging, has launched a robust and efficient line of 3-Day and 5-Day temperature controlled packaging solutions for the distribution of pharmaceutical and biological products. The Certis platform provides solutions for products that need 2-8°C, ... 
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05/25/2016Sonoco Products Company : Sonoco-Alcore to Increase Paperboard Prices in Italy
(GLOBE NEWSWIRE via COMTEX) --BRUSSELS, Belgium, May 25, 2016 (GLOBE NEWSWIRE) -- Sonoco-Alcore S.a.r.l. today announced it will raise prices by €40 per tonne on all recycled paperboard grades sold in the Company's Italian region. The price change is effective with shipments on or after June 6th, 2016. "This price increase is in response to rising raw material costs which have occurred and are now at the point where we need to pass this onto the market," said Phil Woolley, Director - Paper Eu... 
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05/17/2016Sonoco Recognizes Savannah Recycling Center for Sustainability Progress
HARTSVILLE, S.C., May 17, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified packaging companies, has awarded a bronze-level Sonoco Sustainability Star Award to its Sonoco Recycling facility in Savannah, Ga., for successful and exemplary efforts to reduce its waste to landfill and implement sustainability-oriented processes. Administered by Sonoco Recycling, the Sonoco Sustainability Star Awards program is comprised of three tiers. Gold awards recognize facilities th... 
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04/21/2016Sonoco Reports First Quarter 2016 Results
HARTSVILLE, S.C., April 21, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter ending April 3, 2016. As a result of the Company’s accounting calendar, the first quarter of 2016 contained 94 days, six more calendar days and three more business days than in 2015. First Quarter Highlights First quarter 2016 GAAP earnings per diluted share were $.59, compared with $.84 in 2015. Fir... 
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04/20/2016Sonoco Increases Common Stock Dividend by Nearly 6 Percent
HARTSVILLE, S.C., April 20, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today declared a $.37 per share quarterly common stock dividend, a 5.7 percent increase from the previous quarterly dividend of $.35 per share. The dividend will be paid on June 10, 2016, to shareholders of record as of May 13, 2016. According to Jack Sanders, president and chief executive officer, this is the 34th consecutive year that Sonoco has raised common stock dividends and the 364th cons... 
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04/15/2016Sonoco to Display Latest Innovations at Adhesive and Sealant Council Expo
HARTSVILLE, S.C., April 15, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, will showcase three innovations at the Spring Adhesives and Sealant Council (ASC) Expo, April 18-20, in New Orleans. Sonoco will present the RiteSize Caulk Cartridge, RainGuard™ weather-resistant fiber cartridge and SealMax 2-ply label to industry leaders. For caulk users or DIYers who want a convenient tool for small projects, the RiteSize Caulk Cartridge provi... 
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04/14/2016Sonoco provides composite cans to package "Fit for Fun" biscuits by Hans Freitag
Hockenheim, 14. April 2016. Superfood meets snack: Hans Freitag cookie and waffle bakery, located in Verde, Germany, relies on carefully selected ingredients for its latest biscuit creation. It was developed in collaboration with "Fit for Fun" wellness magazine and has been introduced to the market in Sonoco's enclosable 150 gram composite can. Thanks to the handy reclosing lid, the healthy snack retains its freshness for a particularly long time and provides maximum convenience.  ... 
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04/07/2016Sonoco Honored With Awards for Outstanding Merchandising Achievement
HARTSVILLE, S.C., April 07, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, announced its display and packaging division won four honors at the Point of Purchase Advertising International’s (POPAI) 58th Outstanding Merchandising Achievement (OMA) Awards competition. The OMA competition honors the most innovative and effective in-store displays, which are recognized for lifting sales and making products memorable and enticing to shoppers. ... 
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04/04/2016Completely sustainable and 100% recyclable: Rigid paperboard containers from Sonoco with compostable Vegetop®
Hockenheim / Montanay, April 4 2016. Rigid paperboard containers from Sonoco Europe are highly sustainable convenience packaging solutions manufactured exclusively from recyclable materials. Sonoco Consumer Products Europe has now teamed up with Vegeplast, a specialist for injection-moulded and biodegradable plastics, to take this sustainability concept one step further. The containers introduced by Sonoco in 2015 are designed with a paperboard base and Vegetop®, a special shaker top made... 
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03/21/2016Sonoco Issues 2015 Annual Report to Shareholders
Company's Annual Meeting to be held April 20, 2016 HARTSVILLE, S.C., March 21, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today announced that its 2015 Annual Report to Shareholders is now available on the Company's website at www.sonoco.com in the Investor Relations section. The report, entitled Grow & Optimize, reviews Sonoco's 2015 financial performance and examines how the Company is creating a highly engaged culture of innovatio... 
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03/16/2016New Flexible Bag with CrossSeal™ Technology Meets Consumer Desire for Ease of Opening, Maximizes Brand Visibility While Ensuring Freshness, Quality
HARTSVILLE, S.C., March 16, 2016 (GLOBE NEWSWIRE) -- Responding to consumer desire for easier-to-open packaging, Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has announced its latest innovation: an easy-open quad-seal flexible bag with Cross-Seal™ technology. Brand owners are increasingly adopting the quad-seal bag format for premium packaging in order to stand out at retail. This package format involves sealing along a side corner of the bag rather than via... 
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03/03/2016Vegan spread straight out of the “barrel”
Hockenheim/Zwenkau, Germany. March 3 2016. For its line of 100% plant-based "Brotzeit" spreads, Tartex uses specially designed PermaSafe® packaging by Sonoco. This solution combines maximum convenience and long shelf life with an eye-catching appearance at the point of sale (POS). Allos Hof-Manufaktur produces its organic "Brotzeit" spreads at the company's site in Freiburg im Breisgau, Germany. Packaged in plastic containers with a wooden barrel design, the spreads have been sold in heal... 
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03/03/2016Sonoco Expands Fiber Certification Program to Brazil and Mexico
HARTSVILLE, S.C., March 03, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has expanded its fiber certification program into Brazil and Mexico, as of mid-February 2016. Although most of the raw material used in our mills is 100 percent recycled fiber, this certification also requires that Sonoco select suppliers of virgin fiber and virgin fiber components that avoid trading or sourcing raw material that is: a) illegally harvested, b) harv... 
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03/02/2016Sonoco Honored With FPA Gold Award for Daisy Sour Cream Pouch
HARTSVILLE, S.C., March 02, 2016 (GLOBE NEWSWIRE) -- The Flexibles division of Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has been recognized with a Gold Achievement Award from the Flexible Packaging Association for its high-performance film laminate contributions to the Daisy Sour Cream squeezable pouch, which was developed in collaboration with Daisy Brand, Aptar (dispensing closure & fitment) and Continuum (innovation design). The innovative Daisy Squee... 
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02/23/2016Sonoco Selected for Fortune’s Most Admired Companies Ranking, Packaging Sector
HARTSVILLE, S.C., Feb. 23, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has been selected for Fortune’s World’s Most Admired Companies in the packaging sector. Sonoco ranked first in Financial Soundness and second in Innovation, People, Social Responsibility and Quality of Products/Services. Sonoco ranked second overall in the packaging sector. “We are honored to be named to Fortune’s Most Admired list again this year, and specifical... 
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02/11/2016Sonoco Reports Fourth Quarter, Full-Year 2015 Results
Company’s Board Approves New $100 Million Common Stock Repurchase Program HARTSVILLE, S.C., Feb. 11, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported consolidated financial results for its fourth quarter and full-year 2015. (2014 consolidated financial results referenced in this news release have been restated to reflect adjustments associated with the previously reported misstatements of the Company’s Irapuato, Mexico, pack... 
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02/10/2016Sonoco Board Declares Regular Quarterly Common Stock Dividend; Adopts Proxy Access By-Law Amendments
HARTSVILLE, S.C., Feb. 10, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Sonoco (NYSE:SON) today declared a $.35 per share quarterly common stock dividend.  The dividend will be paid on March 10, 2016, to shareholders of record as of February 24, 2016. According to Jack Sanders, president and chief executive officer, this is the 363rd consecutive quarter, dating back to 1925, that the Company has paid a dividend to shareholders. Separately, the Company’s Board of Directors today appro... 
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01/26/2016Sonoco Awarded 2016 PAC Global Leadership Award for Flexible Packaging
HARTSVILLE, S.C., Jan. 26, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has been recognized with a 2016 PAC Global Leadership GOLD Award for Packaging Innovation for its flexible squeeze pouch developed for Daisy® brand sour cream. The innovative 14-oz. Daisy Squeeze package is an inverted, wedge-shaped pouch with a flip-top dispensing closure featuring a silicone dispensing valve and a tamper-evident pull ring. It provides an easy-t... 
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01/21/2016Mother Parkers Tea & Coffee Recognizes Sonoco as Supplier of the Year
HARTSVILLE, S.C., Jan. 21, 2016 (GLOBE NEWSWIRE) -- The Flexibles division of Sonoco (NYSE:SON), one of the largest global diversified packaging companies, has been recognized as the 2015 Supplier of the Year by Mother Parkers Tea & Coffee. Sonoco and Mother Parkers have been working closely together for more than 25 years, a longstanding relationship focusing on bringing new products to the coffee and tea market in innovative packaging. Sonoco’s flexibles division currently provides several t... 
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01/20/2016Sonoco Recognizes Iowa City Facility for Sustainability Progress
HARTSVILLE, S.C., Jan. 20, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified packaging companies, has granted a silver-level Sonoco Sustainability Star Award to its Display & Packaging facility in Iowa City, Iowa, for successful and exemplary efforts to reduce its waste to landfill and implement sustainability-oriented processes. Administered by Sonoco Recycling, the Sonoco Sustainability Star Awards program is comprised of three tiers. Gold awards recognize facilit... 
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01/19/2016Sonoco ThermoSafe Launches Revolutionary Design for Temperature-Sensitive Bulk Air Shipments
New Shipper Optimizes Cargo Capacity, Maximizes Air Freight Savings for Shipping Biologics and Pharmaceutical Products ARLINGTON HEIGHTS, Ill., Jan. 19, 2016 (GLOBE NEWSWIRE) -- Sonoco ThermoSafe, a unit of Sonoco (NYSE:SON) and a leading global provider of temperature assurance packaging, has launched one of its most innovative bulk temperature-controlled solutions to optimize air shipments of temperature-sensitive biologics and pharmaceutical products for durations exceeding five days. The ... 
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01/12/2016Sonoco Officially Opens Innovative Packaging Solutions Studio
Sometimes where you think inspires what you think™. HARTSVILLE, S.C.--(BUSINESS WIRE)--Jan. 12, 2016-- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, held the Grand Opening of its state-of-the-art iPS Studio on October 27, 2015, hosting more than 100 guests including state officials, customers and community leaders. The iPS Studio is a leading-edge research, development and innovation center that connects consume... 
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01/06/2016Sonoco Announces Quarterly Conference Calls and Webcasts for 2016
HARTSVILLE, S.C., Jan. 06, 2016 (GLOBE NEWSWIRE) -- Sonoco (NYSE:SON), one of the largest diversified global packaging companies, will host its regular quarterly investor conference calls on the below dates and times. As a result of the Company’s accounting calendar, the first quarter of 2016 will contain 94 days, six more than in 2015, and fourth quarter will contain 90 days, five fewer than in 2015.  Any changes to these reporting dates or times will be communicated in subsequent news releas... 
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SON Common Stock

ExchangeNYSE (US Dollar)
Price$52.83
Change (%) Stock is Down 0.45 (0.84%)
Volume65,548
Data as of 29 Sep 2016 11:00 a.m. ET
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