Greif Announces $50 Per Ton Price Increase on All Uncoated Recycled Paperboard Grades

June 23, 2021 - Greif, Inc. announced today that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) effective today with new orders and shipments on and after July 26, 2021.

"This price increase is in response to ongoing cost pressures in production and transportation and continued robust demand across the Greif paperboard network," Greif said.

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.