Greif Implementing Price Increase on all Paper Tubes and Cores and Protective Packaging Products
April 24, 2020 – Greif, Inc. today announced that it is implementing an 8.0 percent price increase on all paper tubes, cores and protective packaging products.
The revised price becomes effective with shipments beginning May 22, 2020.
The price increase is in response to the rising cost of recycled paperboard which is the primary raw material used to manufacture these products, Greif said.
Greif is a global leader in industrial packaging products and services. The company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, flexible products, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. To learn more, please visit: www.greif.com.
SOURCE: Greif, Inc.