Newark Group Ups Coated Recycled Paperboard Prices
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The Newark Group, Cranford, N.J., USA, this week reported that it will increase prices for all of its coated recycled paperboard grades by $40 per ton, effective with shipments beginning February 1. Raymond Vargo Jr., VP of sales, noted that the increase is basically due to "continuing cost pressures, compounded by increasing recovered fiber pricing" that have outstripped the company's "ability to lower costs through savings initiatives, productivity increases, and high-cost facility closures."
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