PaperWorks Industries to Hike Price for Recycled Boxboard Grades

Feb. 21, 2013 - PaperWorks Industries today announced price increases that will be coming into effect with shipments as of March 25, 2013, for all MasterWorks grades of coated recycled boxboard by $40 per ton, and for MasterWorks URB+ uncoated recycled boxboard by $25 per ton.

In a written statement, PaperWorks said, "This price increase is necessary to recover escalating costs including raw materials, energy, chemicals, transportation, benefits and other expenses. PWI will continue to minimize these increases with ongoing cost savings initiatives as well as provide leading quality, excellent availability and service for all their paperboard products."

SOURCE: PaperWorks Industries, Inc.