Tag Archives: greif

Greif announces major investments in recycling operations

Greif’s Paper Packaging and Services (PPS) business has announced two major investments in its recycling operations to support its growth strategy in sustainable paper packaging solutions. A new 81,000-square-foot paper recycling facility for collecting, processing and baling has opened in Florence, Kentucky, bringing Greif’s total number of recycling facilities across North America to 19. In […]

Greif to Increase Price on All Uncoated and Coated Recycled Paperboard Grades

May 6, 2022 – Greif 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. Greif said these price increases are in response to […]

Greif to Divest Stake in Flexible Packaging Joint Venture to Gulf Refined Packaging for $123 Million

Greif, Inc. announced that it has entered into a definitive agreement to divest its 50% share in the Flexible Packaging joint venture, or “FPS” to Gulf Refined Packaging (GRP) for a total cash consideration of $123 million, subject to certain conditions and post-closing adjustments. Greif expects to use the proceeds for debt repayment. “While we […]

Greif announces a $50 per ton price increase on all URB grades

Greif, Inc., a global leader in industrial packaging products and services, announced today that it is implementing a $50 per ton price increase for all grades of uncoated recycled paperboard (URB) effective today with new orders and shipments on and after July 26, 2021. This price increase is in response to ongoing cost pressures in […]

Greif Announces 8% Price Increase on all Paper Tubes and Cores and Protective Packaging Products

Greif, Inc. on Oct. announced a price increase of 8% on all paper tubes, cores, and protective packaging products in the United States and Canada, effective starting with shipments on November 30, 2020. Greif said that the price increase “is in response to the rising cost of transportation, insurance, and labor in addition to direct […]

Greif Reports Third Quarter 2020 Results

Greif, Inc. announced third quarter 2020 results. The Company also reintroduced guidance for the fiscal year ending October 31, 2020. The following are excerpts from Greif’s third Quarter 2020 earnings report: “Our global Greif team executed well during the fiscal third quarter in the face of a challenging operating environment,” said Pete Watson, Greif’s President, […]