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Caraustar Industries announced a price increase of $75 per ton on all uncoated recycled paperboard (URB) grades effective starting with shipments on April 3. Also, there is a price increase of 10% on its paper tube and core, header and protective packaging product lines. This announcement comes on the heels of a $60 hike for URB that Caraustar put into effect with shipments on Feb. 10.
In a press release, the company said, “The increase is in response to the additional increased raw materials and other costs in 2017 to date, including the various grades of recycled fiber used in producing uncoated recycled paperboard.”
Caraustar Industries is an integrated manufacturer of 100% recycled paperboard and converted paperboard products.