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Caraustar Announces Price Increase on Uncoated Recycled Paperboard

Wednesday, July 02, 2008

Press release from the issuing company

ATLANTA, July 1  -- Caraustar Industries, Inc. announced that it will increase prices by at least $40 per ton for all uncoated recycled paperboard grades as well as make certain adjustments for freight allowances effective with shipments on and after July 17, 2008.

Greg A. Bartlett, vice president sales, Mill Group, stated, "These increases are driven by escalating input costs that have established a significantly higher cost operating environment."

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 http://www.caraustar.com




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