Greif announces price increase for uncoated recycled paperboard products

Greif (GEF) announced it is implementing a price increase between $50 and $70 per short ton for all grades of uncoated recycled paperboard products and a minimum 7.5% increase on all tube and core and protective packaging products. The uncoated recycled paperboard increase is effective with new orders and shipments on and after April 21. The tube and core and protective packaging increase is effective with shipments on and after April 28. The uncoated recycled paperboard price increase is in response to increasing manufacturing costs for our products. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products.