Greif Announces Price Increase for Uncoated Recycled Paperboard (URB), Tube and Core and Protective Packaging Products
Greif (NYSE: GEF) has announced significant price increases across multiple product lines. The company will implement a $50-$70 per short ton price increase for all grades of uncoated recycled paperboard (URB) products, effective April 21, 2025. Additionally, a minimum 7.5% price increase will be applied to all tube and core and protective packaging products, effective April 28, 2025.
The company attributes these price adjustments to rising manufacturing costs for URB products. The subsequent increase in tube and core and protective packaging prices is directly linked to URB being the primary raw material in these products.
Greif (NYSE: GEF) ha annunciato significativi aumenti di prezzo su più linee di prodotto. L'azienda attuerà un aumento di prezzo di $50-$70 per tonnellata corta per tutti i gradi di prodotti in cartone riciclato non rivestito (URB), a partire dal 21 aprile 2025. Inoltre, un aumento minimo del 7,5% sarà applicato a tutti i prodotti per tubi e nuclei e imballaggi protettivi, a partire dal 28 aprile 2025.
L'azienda attribuisce questi adeguamenti di prezzo all'aumento dei costi di produzione per i prodotti URB. L'aumento successivo dei prezzi per tubi, nuclei e imballaggi protettivi è direttamente legato al fatto che l'URB è la materia prima principale per questi prodotti.
Greif (NYSE: GEF) ha anunciado aumentos de precios significativos en múltiples líneas de productos. La empresa implementará un aumento de precio de $50-$70 por tonelada corta para todos los grados de productos de cartón reciclado sin recubrimiento (URB), efectivo a partir del 21 de abril de 2025. Además, se aplicará un aumento mínimo del 7,5% a todos los productos de tubos, núcleos y empaques protectores, efectivo a partir del 28 de abril de 2025.
La empresa atribuye estos ajustes de precios al aumento de los costos de fabricación de los productos URB. El posterior aumento en los precios de tubos, núcleos y empaques protectores está directamente relacionado con el hecho de que el URB es la materia prima principal en estos productos.
Greif (NYSE: GEF)는 여러 제품 라인에서 상당한 가격 인상을 발표했습니다. 회사는 단톤당 $50-$70의 가격 인상을 모든 등급의 비코팅 재활용 종이판(URB) 제품에 대해 2025년 4월 21일부터 시행할 예정입니다. 또한, 최소 7.5%의 가격 인상이 모든 튜브 및 코어 제품과 보호 포장 제품에 대해 2025년 4월 28일부터 적용됩니다.
회사는 이러한 가격 조정이 URB 제품의 제조 비용 상승에 기인한다고 설명했습니다. 튜브 및 코어, 보호 포장 가격의 후속 인상은 URB가 이러한 제품의 주요 원자재이기 때문입니다.
Greif (NYSE: GEF) a annoncé des augmentations de prix significatives sur plusieurs lignes de produits. L'entreprise mettra en œuvre une augmentation de prix de 50 à 70 $ par tonne courte pour tous les grades de produits en carton recyclé non couché (URB), à compter du 21 avril 2025. De plus, une augmentation minimale de 7,5% sera appliquée à tous les produits de tubes, de noyaux et d'emballages protecteurs, à compter du 28 avril 2025.
L'entreprise attribue ces ajustements de prix à l'augmentation des coûts de fabrication des produits URB. L'augmentation subséquente des prix des tubes, des noyaux et des emballages protecteurs est directement liée au fait que l'URB est la matière première principale de ces produits.
Greif (NYSE: GEF) hat erhebliche Preiserhöhungen in mehreren Produktlinien angekündigt. Das Unternehmen wird eine Preiserhöhung von $50-$70 pro Kurztonne für alle Qualitäten von unbeschichtetem recyceltem Papierboard (URB) Produkten ab dem 21. April 2025 umsetzen. Darüber hinaus wird eine mindestens 7,5%ige Preiserhöhung auf alle Produkte für Röhren und Kerne sowie schützende Verpackungen ab dem 28. April 2025 angewendet.
Das Unternehmen führt diese Preisänderungen auf die steigenden Produktionskosten für URB-Produkte zurück. Der anschließende Anstieg der Preise für Röhren, Kerne und schützende Verpackungen ist direkt mit URB verbunden, das das primäre Rohmaterial für diese Produkte ist.
- Price increases across product lines will help offset rising manufacturing costs
- Company demonstrates pricing power in core business segments
- Higher prices may impact sales volume and customer relationships
- Rising manufacturing costs affecting profit margins
DELAWARE, Ohio, March 18, 2025 (GLOBE NEWSWIRE) -- Greif, Inc. (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced today it is implementing a price increase between
The uncoated recycled paperboard increase is effective with new orders and shipments on and after April 21, 2025. The tube and core and protective packaging increase is effective with shipments on and after April 28, 2025.
The uncoated recycled paperboard price increase is in response to increasing manufacturing costs for our products. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products.
About Greif
Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, jerrycans and other small plastics, containerboard, corrugated sheets and products, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company has a workforce of more than 14,000 colleagues operating across 248 facilities in 37 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
For media inquiries, please contact:
Bill D’Onofrio
VP, Corporate Development & Investor Relations
bill.donofrio@greif.com / +1 740-549-6026
FAQ
What is the price increase for Greif's URB products announced in March 2025?
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