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Greif Announces Price Increase for Uncoated Recycled Paperboard, Tube and Core and Protective Packaging Products

MWN-AI** Summary

On March 10, 2026, Greif Inc. (NYSE: GEF, GEF.B), a prominent global performance packaging leader, announced a price increase for its uncoated recycled paperboard (URB) products and tube and core, as well as protective packaging solutions. The price hike, ranging from $60 to $70 per short ton for all grades of URB, will take effect for new orders and shipments starting April 6, 2026. Additionally, customers will see a minimum increase of 7.5 percent on tube and core and protective packaging products, effective from April 13, 2026.

The decision to raise prices is largely attributed to rising costs in labor, utility, manufacturing, and transportation. The cost of uncoated recycled paperboard, the key raw material for tube and core and protective packaging, further drives the need for these increases. Greif's commitment to maintaining product quality amidst escalating operational expenses is evident in this strategic decision.

Founded in 1877, Greif operates in over 35 countries, providing innovative and tailored packaging solutions across various industries. The company prides itself on exceptional customer service, operational excellence, and sustainable practices while packaging essential products to create long-term value for its stakeholders.

As Greif continues to navigate the increasing costs associated with production and logistics, stakeholders and consumers alike will be keeping a close eye on how these price adjustments impact the company's competitiveness and market positioning. With sustainability at the core of its operations and a focus on delivering premium packaging solutions, Greif remains dedicated to meeting the evolving needs of its customers in a demanding market landscape. For more information, visit www.greif.com or follow the company on social media platforms like Instagram and LinkedIn.

MWN-AI** Analysis

On March 10, 2026, Greif (NYSE: GEF, GEF.B) announced significant price increases for its uncoated recycled paperboard (URB) products as well as its tube, core, and protective packaging offerings. The URB prices will increase by $60 to $70 per short ton, while tube and core and protective packaging products will see a minimum 7.5 percent increase. These adjustments are set to take effect in early April 2026, directly reflecting the rising labor, utility, and manufacturing costs Greif is facing.

From a market analysis perspective, these price increases may initially pose a challenge for Greif’s competitors, particularly those in the packaging and manufacturing sectors reliant on uncoated recycled paperboard. Increased costs could lead to pricing pressures across the industry, prompting competitors to either follow suit with their price adjustments or risk margin erosion.

Investors should watch for how Greif’s customer base responds to these price hikes. Companies in sectors such as food and beverage, personal care, and consumer goods may be scrutinizing their supply chains for cost management solutions. Should Greif's customers accept these price increases without significant loss of volume, it could indicate strong pricing power in a competitive market, suggesting a robust demand for their products.

Looking forward, the implications of these price increases could bolster Greif’s revenue in the short term, contingent on maintaining customer loyalty and demand. Nonetheless, elevated costs in labor and materials indicate potential volatility in profit margins, especially if economic conditions shift or if competitors lower prices to maintain market share.

Investors are advised to closely monitor Greif's upcoming earnings reports post-implementation of these increases, which will provide clarity on how effectively the company manages these price shifts and the resulting impact on financial performance. Overall, Greif’s commitment to innovative packaging solutions and sustainability initiatives may safeguard its market position as industry dynamics evolve.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

DELAWARE, Ohio, March 10, 2026 (GLOBE NEWSWIRE) -- Greif (NYSE: GEF, GEF.B), a global leader in performance packaging products and services, announced today it is implementing a price increase between $60 and $70 per short ton for all grades of uncoated recycled paperboard (URB) products and a minimum 7.5 percent increase on all tube and core and protective packaging products.

The URB increase is effective with new orders and shipments on and after April 6, 2026. The tube and core and protective packaging product increase is effective with shipments on and after April 13, 2026.

The URB price increase is in response to increasing labor, utility and other manufacturing costs and transportation costs for our products. The tube and core and protective packaging products price increase is a consequence of the URB price increase, the primary raw material contained in those products, in addition to increasing labor, utility and other converting costs and transportation costs.

About Greif

Founded in 1877, Greif is a global leader in performance packaging located in 35+ countries. The company delivers trusted, innovative, and tailored solutions that support some of the world’s most demanding and fastest-growing industries. With a commitment to legendary customer service, operational excellence, and global sustainability, Greif packages life’s essentials – and creates lasting value for its colleagues, customers, and other stakeholders. Learn more about the company’s Customized PolymerSustainable FiberDurable Metal, and Innovative Closure Solutions at www.greif.com and follow Greif on Instagram and LinkedIn.

Media Contact:

Greif Media Relations
communications@greif.com
+1 (234) 221-6001


FAQ**

How might the announced price increases for uncoated recycled paperboard and protective packaging affect Greif Inc. Corporation Class B (GEF.B) stock performance in the coming quarters?

The announced price increases for uncoated recycled paperboard and protective packaging could positively impact Greif Inc. Class B (GEF.B) stock performance in the coming quarters by potentially enhancing profit margins and revenue growth amidst rising demand.

What specific factors have contributed to the decision to raise prices for Greif Inc. Corporation Class B (GEF.B) products, and how might these trends evolve in the future?

Greif Inc. has raised prices for its Class B products due to increased raw material costs, supply chain disruptions, and heightened demand; moving forward, these trends may continue as inflation pressures persist and sustainability initiatives drive operational changes.

How does Greif Inc. Corporation Class B (GEF.B) plan to mitigate rising labor and transportation costs while maintaining its competitive edge in the packaging industry?

Greif Inc. Corporation Class B (GEF.B) aims to mitigate rising labor and transportation costs by investing in automation, optimizing supply chain efficiencies, and leveraging strategic partnerships, all while focusing on sustainable practices to maintain its competitive edge in the packaging industry.

What are the anticipated impacts of Greif Inc. Corporation Class B (GEF.B)’s price adjustments on customer demand and overall market position in 2026?

Anticipated price adjustments for Greif Inc. Corporation Class B (GEF.B) in 2026 may lead to decreased customer demand in price-sensitive segments, potentially weakening its market position, while strengthening its profitability and enabling investment in innovation for others.

**MWN-AI FAQ is based on asking OpenAI questions about Greif Inc. Class A (NYSE: GEF).

Greif Inc. Class A

NASDAQ: GEF

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