Greif

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Greif shuts down Alabama recycling mill

By Ken McEntee Greif Inc. said it has permanently closed its uncoated recycled board (URB) mill in Mobile, Ala. as part of its commitment to optimize its URB mill network. The closure of Mobile’s No….


Greif to increase recycled paperboard prices

Greif Inc. said it will implement a $50 per ton price increase for all grades of uncoated recycled paperboard (URB), effective with shipments beginning May 18, 2020. Greif also announced… Thank you for checking us…


Greif completes sale of Consumer Packaging Group

Greif Inc. has completed its previously announced divestiture of the Consumer Packaging Group (CPG) business for $85 million in cash to Graphic Packaging Holding Company. Graphic Packaging will acquire seven… Thank you for checking us…


The Market: Weak pulp market drags white grades

By Ken McEntee Although a couple sources reported that Sorted Office Paper (SOP) was beginning to show improvement this month, prices for the grade generally trickled further downward. The average… Thank you for checking us…


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Greif projects $33 OCC through October

Greif Inc. said it expects old corrugated (OCC) prices to hold at $33 per ton through the end of October – the end of its 2019 fiscal year. Larry Hilsheimer,… Thank you for checking us…


Greif to acquire Caraustar Industries

Greif Inc. has entered into a definitive agreement to acquire Caraustar Industries in a cash transaction valued at $1.8 billion. Caraustar is a major producer of recycled paperboard and packaging… Thank you for checking us…