Greif Announces $50 per Ton Price Increase on All Uncoated Recycled Paperboard and Coated Recycled Paperboard Grades

March 19, 2021 - Greif, Inc. announced [yesterday] that it is implementing price increases on certain paperboard products, which are in addition to previously announced price increases.

A $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and a $50 per ton increase for all grades of coated recycled paperboard (CRB) became effective March 18 with new orders placed.

Greif said the price increases are in response to continued robust demand across the Greif paperboard network and ongoing cost pressures in production and transportation.

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. For further information, visit: www.greif.com.

SOURCE: Greif, Inc.