Greif To Increase Prices For Uncoated Recycled Paperboard Delaware, Ohio based Greif, Inc., a global supplier of in- dustrial packaging products and services, announced it is implementing a $40 to $70 per short ton increase for all grades of uncoated recycled paperboard (URB) and a minimum 6.0 percent increase on all tube and core and protective packaging products. The uncoated recycled paperboard increase is effec- tive with new orders and shipments on and after February 5, 2024. The tube and core and protective packaging in- crease is effective with shipments on and after February 12, 2024. Greif said the URB price increase is in response to in- creased raw material, energy, labor and transportation costs and maintenance expenses as well as increasing demand across the Greif paperboard network. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products, the company said. Greif also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. Additionally, the company manages timber properties in the southeastern US and is strategi- cally positioned in over 35 countries.
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www.boardconvertingnews.com
January 15, 2024
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