Newark Announces $40/ton Price Hike for All Uncoated Grades of Recycled Paperboard

June 26, 2013 - Newark Recycled Paperboard Solutions today announced a $40 per ton price increase on all uncoated grades of recycled paperboard effective with shipments on or after July 15, 2013.

“The increase is necessary to recover the escalating costs of recovered fiber, fuel and other raw materials,” said Raymond Vargo, Jr., Vice President of Sales, Newark Paperboard Mills.

Newark Recycled Paperboard Solutions is a leader in integrated manufacturing of 100 percent recycled paperboard and paperboard products in the U.S. and Canada. Privately held for 100 years, Newark Recycled Paperboard Solutions is headquartered in Cranford, New Jersey, employs more than 1,500 and operates 34 facilities. It is a member of the Forest Stewardship Council (FSC). For further information, visit www.newarkgroup.com.

SOURCE: Newark Recycled Paperboard Solutions