Board Converting News, March 27, 2023

WestRock Breaks Ground (CONT’D FROM PAGE 1)

AVERAGE CONTAINERBOARD PRICES The average prices reported are tabulated from prices PAID by various sources throughout the United States the week previous to issue. Prices in some areas of the country may be higher or lower than the tabulated average. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser.

“This new packaging plant will enable our team in the region to serve customers even better in the future, with a manufacturing facility that will provide new capabilities and efficiencies,” said David B. Sewell, chief executive offi- cer of WestRock. “We are pleased to invest in a local com- munity that is vibrant and growing.” “The Cowlitz Economic Development Council is proud to have been a part of assisting WestRock with this inno- vative expansion,” said Ted Sprague, president, Cowlick County Economic Development Council. “The increase in jobs and new capital investment will serve our community and region well into the future.” An investment fund managed by ElmTree Funds, a real estate private equity firm headquartered in St. Louis, Mis- souri, is the owner of the project. ElmTree Funds engaged JB2 Partners to act as developer and Clayco to act as gen- eral contractor to consolidate and expand the mill opera- tions in Longview. “We are thrilled to continue building on our partnership with WestRock through this high-visibility project,” said Bri- an Boehm, a Managing Director for ElmTree Funds. “The ElmTree team, along with our developer, JB2, and our gen- eral contractor, Clayco, took a thoughtful, solutions-driven approach to deliver at cost and in scope. We're eager to see this project come to fruition.” Visit www.westrock.com for more information.

REGION E. Coast Midwest Southeast Southwest

42# Kraft liner $ 9 55.00-960.00 $ 9 70.00-980.00 $ 9 70.00-980.00 $ 970.00-980.00 $ 1000.00-1 010.00 $ 9 73.00-983.00

26# Semi-Chem. Medium

Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del. Short Ton Del.

$ 890 .00-9 4 0.00 $9 0 5.00-9 2 5.00 $9 0 5.00-9 2 5.00 $9 0 5.00-9 2 5.00 $9 2 5.00-9 4 5.00 $9 0 8.00-9 2 8.00

West Coast U.S. Average

SHEET PRICES BY REGION (AVERAGE) Per 1MSF, local delivery included, 50MSF single item order, truckload delivery. Sheets

E. Coast Midwest South-SW S. CA N.CA/WA-OR US Aver.

200# 275#

$62.26

$72.05

$62.69 $82.80

$85.35 119.54

$73.13 101.29

97.32

99.89

90.86

113.65

OYSTER UP-CHARGE 8.34

8.34

8.34

8.34

8.34

8.34

275# DBL-WALL 350# DBL-WALL

107.46 118.45

114.69 129.32

116.54 137.25 117.82 145.56

141.08 148.46

122.76 131.80

CANADIAN SHEET PRICES (AVERAGE) In Canadian Dollars, per 1MSF, local delivery included, under 50MSF single item order, truckload delivery. 200# 275# Oyster UC 275#DW 350#DW $78.56 $99.18 $9.00 $96.32 $105.83 CANADIAN LINERBOARD & MEDIUM The average prices reported are tabulated from prices PAID by various sources throughout Canada. Prices may be higher or lower in various areas of the country. The prices tabulated here are intended only for purposes of reference. They do not connote any commitment to sell any material at the indicated average. Transactions may be completed at any time at a price agreed upon by seller and purchaser. Prices are Canadian $ and per metric ton.

42# Kraft Liner 26#

Semi-Chem Medium

East West

$9 2 0.00 $ 96 5.00

$9 1 0.00 $9 4 5.00

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March 27, 2023

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