Aug. 12, 2009 - The Paperboard Mill Division of The Newark Group today announced a $40/ton price increase on all uncoated grades of recycled paperboard effective with shipments on or after September 1, 2009.

"Continuing cost pressures, recently compounded by increasing recovered fiber pricing, outstrip our ability to lower costs through savings initiatives, productivity increases and high-cost facility closures," said Raymond M. Vargo Jr., vice president of sales for Newark Paperboard Mills.

"We must now pass these higher costs on through the supply chain," he added.

SOURCE: The Newark Group