Greif to Increase Price on All Uncoated Recycled Paperboard Grades and Tube, Core, Protective Packaging Products

Oct. 12, 2021 - Greif, Inc. announced today that it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) and a minimum 7.0 percent increase on all tube and core and protective packaging products.

The uncoated recycled paperboard increase is effective today with new orders and shipments on and after November 8, 2021.

The tube and core and protective packaging products increase is effective with shipments on and after November 22, 2021.

In a press release, Greif said, "These price increases are in addition to previously announced increases and are in response to strong demand across the Greif paperboard and converting network and increasing energy, transportation, labor and other input costs."

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.