The Newark Group Hikes Price for Coated Recycled Paperboard
Aug. 19, 2009 - The Paperboard Mill Division of The Newark Group has announced a $40/ton price
increase on all coated grades of recycled paperboard, effective with shipments on or after
September 15, 2009.
In a letter to customers, the company said, "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. We must now pass these higher
costs on through the supply chain."
On Aug. 12, The Newark Group announced a $40/ton price increase on all uncoated grades
effective with shipments on or after September 1, 2009.
SOURCE: The Newark Group