Papermaker will raise prices by $30 per ton, effective with shipments March 10, 2014.
Newark Recycled Paperboard Solutions, Cranford, N.J., has announced plans to increase the price of its uncoated grades of recycled paperboard by $30 per ton, effective with shipments starting March 10, 2014.
“The increase is necessary to recover the escalating costs of raw materials and other manufacturing inputs,” says Raymond Vargo Jr., vice president of sales at Newark Paperboard Mills.
Newark Recycled Paperboard Solutions, which changed its name from The Newark Group in 2013, operate several recycled-content mills in North America. The company’s business units include Newark Recovery and Recycling, Newark Paperboard Mills and Newark Converted Products.
Newark Recovery and Recycling supplies the company with recovered paper used in Newark’s domestic paperboard mills, which in turn supply finished product for Newark’s converting operations.