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 (press release) – 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.

About Newark Recycled Paperboard Solutions:
 
Newark Recycled Paperboard Solutions is a leader in integrated manufacturing of 100 percent recycled paperboard and paperboard products in the U.S. and Canada. The Company supplies the raw material used to produce products, making it a self-sustaining, environmentally sound company. Newark serves a diverse market, offering raw materials to finished products. It is committed to providing customers with customized innovative products and superior customer service. Privately held for 100 years, Newark Recycled Paperboard Solutions is headquartered in Cranford, NJ, employs more than 1,500 and operates 34 facilities. It is a member of the Forest Stewardship Council® (FSC), an international not-for-profit organization dedicated to promoting responsible management of the world’s forests.

* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.