Greif Announces 8% Price Increase on all Paper Tubes and Cores and Protective Packaging Products
Oct. 27, 2020 - Greif, Inc. on Oct. 26 announced a price increase of 8% on all paper tubes, cores, and protective packaging products in the United States and Canada, effective starting with shipments on November 30, 2020.
Greif said that the price increase "is in response to the rising cost of transportation, insurance, and labor in addition to direct and indirect materials used to manufacture these products."
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.