The Newark Group to Hike Price for Coated Recycled Paperboard
Jan. 12, 2010 - The Newark Group has announced a $40/ton price increase on all coated grades of recycled paperboard, effective with shipments on or after February 1.
"Continuing cost pressures, 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, Paperboard Mill Division