Greif Announces Price Increase for Tube and Core and Protective Packaging Products

Core Insights - Greif, Inc. announced a minimum price increase of 6.0 percent on all tube and core and protective packaging products, effective from July 15, 2024 [1][2] - The price increase is attributed to the rise in the cost of URB, the primary raw material used in these products [2] Company Overview - Greif is a global leader in industrial packaging products and services, aiming to be the best performing customer service company in the world [3] - The company produces a wide range of products including steel, plastic, and fibre drums, intermediate bulk containers, and various types of paperboard [3] - Greif operates over 248 facilities in 37 countries, employing more than 14,000 colleagues to serve both global and regional customers [3]