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Newark Group to increase prices of all uncoated grades of recycled paperboard by $40/ton, effective on or after July 15

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Newark Group to increase prices of all uncoated grades of recycled paperboard by $40/ton, effective on or after July 15

June 26, 2013 - 02:15

CRANFORD, NJ, June 26, 2013 (Business Wire) -Newark Recycled Paperboard Solutions (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 $40 per ton price increase on all uncoated grades of recycled paperboard effective with shipments on or after July 15, 2013.

"The increase is necessary to recover the escalating costs of recovered fiber, fuel and other raw materials", said Raymond Vargo, Jr., Vice President of Sales, Newark Paperboard Mills.

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.