Newark Recycled Paperboard Solutions to increase prices for all URB converted products by 5-8%, effective March 31

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Newark Recycled Paperboard Solutions to increase prices for all URB converted products by 5-8%, effective March 31

February 24, 2014 - 02:20

CRANFORD, NJ, Feb. 24, 2014 (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 5% to 8% price increase for all converted products. This increase will be effective with all orders shipped on or after Monday, March 31st, 2014.

"This action is precipitated by the recent price increase announcements from the major suppliers of uncoated recycled paperboard", said Paul Spitale, Vice President of Sales, Newark Converted Products.

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.