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Greif Inc., a packaging producer based in Delaware, Ohio, has announced that it implemented price increases on certain paperboard products. The company reports that these price increases come in addition to previously announced price increases.
According to a news release from Greif, it plans to institute a $50-per-ton price increase for all grades of uncoated recycled paperboard (RUB) and a $50 per ton price increase for all grades of coated recycled paperboard (CRB), effective March 18 with new orders placed. The company says the price increases are in response to the “continued robust demand across the Greif paperboard network and ongoing cost pressures in production and transportation.”
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