Newark Group to raise recycled paperboard product prices by 5% in US and Canada, starting with July 22 shipments, citing higher costs; hike will affect tubes, cores, chipboard roll heads and sheets, laminated paperboard sheets, spines, other products
CRANFORD, New Jersey
July 8, 2013
– The Newark Group (www.newarkgroup.com), a leader in the collection of secondary fibers and the manufacturing and converting of 100% recycled paperboard in the U.S. and Canada, today announced a 5% price increase for all converting products including: tubes, cores, chipboard roll heads, chipboard sheets, laminated paperboard sheets, floor protection, panels, spines, game boards and packaging offerings. This increase will be effective with all orders shipped on or after Monday, July 22, 2013.
“While continuous improvement in our processes is an ongoing effort, escalating external costs make this price change necessary.” said Paul Spitale, Vice President of Sales, Newark Converting Divisions.