Delaware-based Greif, Inc., a world leader in industrial packaging products and services, announced on Thursday that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB), effective with shipments beginning May 18, 2020.
Greif also announced a $50 per ton price increase for all grades of coated recycled paperboard (CRB) to customers on April 13, 2020 effective with shipments beginning May 13, 2020.
Both price increases are in response to cost pressures in labor, recycled fiber, transportation, chemicals used in production and other recycled paperboard input materials, as well as supply-demand balance.
