The Newark Group Increases Price of Coated Recycled Paperboard by $40/Ton
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The Newark Group, Cranford, N.J., USA, this week announced a $40 per ton price increase on all coated grades of recycled paperboard effective with shipments on or after April 2. "The increase is necessary due to the escalating costs of raw materials, freight, and energy," said Raymond Vargo Jr., VP of Sales, Newark Paperboard Mills.
The Newark Group is an integrated producer of 100% recycled paperboard and paperboard products in the U.S. and Canada. The company employs more than 1,500 people and owns 34 facilities.
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