Caraustar Announces Price Increase on All Grades of Uncoated Recycled Paperboard and Uncoated Recycled Paperboard Converted Products
ATLANTA, Jan. 15 /PRNewswire/ -- Caraustar Industries, Inc. announced today that it will increase prices by $50 per ton on all grades of uncoated recycled paperboard and converted products produced by its mills; the increase is effective with shipments on and after February 8, 2010. Caraustar will also increase prices of tubes and cores and all other uncoated recycled paperboard converted products, which will be effective with shipments on and after February 15, 2010.
Greg A. Bartlett, vice president sales and marketing for Caraustar's Mill Group, stated, "We have worked to mitigate rising costs by improving the productivity of our uncoated mill system and by guaranteeing the high quality of fiber supplied to our mills; however, recycled fiber prices have escalated significantly and we must pass these costs through to our customers."
About Caraustar
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.
CONTACT: Steven L. Kelchen
Senior Vice President, Operations
(770) 948-3101
SOURCE Caraustar Industries, Inc.
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