DELAWARE, Ohio, Aug. 11,
2021 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a
global leader in industrial packaging products and services,
announced today that it is implementing a $70 per ton price increase for all grades of
uncoated recycled paperboard (URB) and an 8.5 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 September 13,
2021. This is in addition to the $50 per ton price increase implemented on
July 26, 2021. The tube and core and
protective packaging products increase is effective with
shipments on and after September 24,
2021. This is in addition to the 6 percent price increase
implemented on August 6, 2021. These
price increases are in response to continued robust demand across
the Greif paperboard network and ongoing cost pressures with raw
materials, labor and transportation.
About Greif, Inc.
Greif is a global leader in industrial packaging products and
services and is pursuing its vision: In industrial packaging, be
the best performing customer service company in the world. 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. The Company also manufactures packaging accessories and
provides filling, packaging and other services for a wide range of
industries. In addition, Greif manages timber properties in the
southeastern United States. The
Company is strategically positioned in over 40 countries to serve
global as well as regional customers. Additional information is on
the Company's website at www.greif.com.
Contacts:
Matt Eichmann
Office: 740–549–6067
Email: matt.eichmann@greif.com
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SOURCE Greif, Inc.