Greif Announces Price Increase for Uncoated Recycled Paperboard, Tube and Core and Protective Packaging Products

Core Viewpoint - Greif is implementing a price increase for uncoated recycled paperboard (URB) products and protective packaging products due to rising manufacturing and transportation costs [1][3]. Price Increase Details - A price increase of $60 to $70 per short ton for all grades of URB products will take effect for new orders and shipments starting April 6, 2026 [2]. - A minimum increase of 7.5 percent on all tube and core and protective packaging products will be effective for shipments on and after April 13, 2026 [2]. Reasons for Price Increase - The URB price increase is attributed to escalating labor, utility, manufacturing, and transportation costs [3]. - The price increase for tube and core and protective packaging products is a direct result of the URB price increase, along with rising labor, utility, and converting costs [3]. Company Overview - Greif, founded in 1877, operates in over 35 countries and is recognized as a leader in performance packaging [4]. - The company focuses on delivering innovative and tailored solutions for various industries while emphasizing customer service, operational excellence, and sustainability [4].