Greif Announces Price Increase on URB and CRB grades

Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) and coated recycled paperboard (CRB). The recycled paperboard increase is effective with new orders and shipments on and after June 6, 2022. These price increases are in response to inflationary cost increases in transportation, energy, labor, chemicals, maintenance, and other raw materials and continued strong demand across the Greif paperboard and converting network.