Caraustar announces prices increases of US$30/ton on all its uncoated recycled paperboard grades, effective March 10, and 5% on all its converted paper products, effective April 7; company attributes need for price hikes to continuing rise in input costs
February 19, 2014
– Caraustar Industries, Inc. announced price increases of $30 per ton on all mill uncoated recycled paperboard grades and 5% on all converted paper products, including tube, core and protective packaging product lines. The increase on mill uncoated recycled paperboard grades will be effective starting with shipments on March 10, 2014. The increase on converted paper products will be effective starting with shipments on April 7, 2014. The price increases are in response to continuing increases in input costs, including energy, freight and raw material costs.
For more information on the current pricing on mill uncoated recycled paperboard grades, please contact Gregory A. Bartlett, Vice President, Sales and Marketing, Mill Group, (770) 948-3101, and for more information on the current pricing on converted paper products, please contact Robert Pender, Vice President, Sales and Marketing, Caraustar Industrial Packaging, (803) 372-5025.
Caraustar Industries, Inc. is one of North America's largest integrated manufacturers of 100% recycled paperboard and converted paperboard products. The company is a socially responsible corporation, is committed to environmentally sound practices and is dedicated to providing customers with outstanding value through innovative products and services. Caraustar has developed its leadership position in the industry through diversification and integration from raw materials to finished products. Caraustar serves the four principal recycled boxboard product end-use markets: tubes and cores; folding cartons; gypsum facing paper and specialty paperboard products. For additional information on Caraustar, please visit the company's website at www.caraustar.com.
SOURCE Caraustar Industries, Inc.