Greif, Inc. announced that it is implementing a $60 per ton price increase for all grades of uncoated recycled paperboard (URB) and a minimum 7.0 percent increase on all tube and core and protective packaging products. The uncoated recycled paperboard increase is effective today with new orders and shipments on and after November 8, 2021. The tube and core and protective packaging products increase is effective with shipments on and after November 22, 2021. These price increases are in addition to previously announced increases and are in response to strong demand across the Greif paperboard and converting network and increasing energy, transportation, labor and other input costs.

WestRock Company (NYSE: WRK) today announced it will permanently cease operating its paper mill in North Charleston, South Carolina, on August 31, 2023. The North Charleston mill produces containerboard, uncoated kraft paper (KraftPak®), and unbleached saturating kraft paper (DuraSorb®), with a combined annual capacity of 550,000 tons. Containerboard and uncoated kraft currently produced at the mill will be manufactured at other WestRock facilities. The Company intends to exit the unbleached saturating kraft paper business when the mill shutdown is completed.

January–December 2022 (compared to 1–12/2021): Sales were EUR 2,479.6 million (2,084.1). The comparable operating result was EUR 520.7 million 386.6), or 21.0% of sales (18.6). Operating result was EUR 531.5 million (375.9). Comparable earnings per share were EUR 1.13 (0.85), and earnings per share were EUR 1.15 (0.82). Comparable return on capital employed was 20.9 % (18.7). Net cash flow from operations was EUR 232.0 million (329.6). October–December 2022 (compared to 10–12/2021): Sales were EUR 599.8 million (518.5). The comparable operating result was EUR 100.8 million (91.3), or 16.8% (17.6) of sales. Operating result was EUR 94.7 million (90.8). Comparable earnings per share were EUR 0.23 (0.20), and earnings per share were EUR 0.21 (0.19). Comparable return on capital employed was 15.5% (16.1). Net cash flow from operations was EUR 70.2 million (119.7).