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Here’s what we've been up to recently.
Ecological Fibers is announcing a price increase on all orders placed on or after May 1, 2021.
The re-opening of the economy has triggered an inflationary environment and over the past 3 months, transportation costs and virtually all of the materials we source have increased - in some cases dramatically. We have no option but to offset these additional costs in our product pricing going forward.
Generally speaking, increases on our Rainbow® Uncoated and Coated Papers, Textiles, Flocked Paper, and PU products will be in the 3-5% range.
We continue to invest in our operations to improve efficiency and are currently preparing to install equipment into our Massachusetts facility towards this goal.
Please contact your Sales or Customer Service Representative with any questions you may have. We appreciate your support and as always will do our best to minimize the impact on our customers.
Effective with shipments on and after April 21, 2021, Clearwater Paper Corporation will increase the price on all calipers of the following bleached
paperboard grades by $50 per short ton.
Dear Mill Group Customer,
Greif is raising the prices on all uncoated recycled board (URB) and coated recycled board (CRB) grades by $50/short ton effective today with new orders placed.
Demand continues to remain extremely strong for our paperboard products, and our production and delivery costs continue to increase. Your sales representative will be contacting you soon to discuss this increase.
I would like to thank you for your continued commitment to Greif. Your business is greatly appreciated, and we look forward to servicing your needs with high quality paperboard products.
Constrained supplies, higher freight costs, and continued strong demand fuel ongoing price increases
Globally, during the pandemic, demand for the manufacturing sector plummeted drastically, paperboard being no different, faced the lack of demand. Now while the economy is recovering, the many markets and the paperboard market is experiencing an significant increase in demand. A sudden surge in demand has led to a major imbalance in the demand-supply chain. In addition there is a major shortage in the transportation & trucking availability and those costs have escalated tremendously in recent months, Another factor on the freight costs is most recently the fuel surcharge escalations of 35% due the increased cost of diesel fuel. Due to this gap, the cost of all raw materials has increased multiple times over the past several months, and just today most major paper mills are announcing another 6 to 8% price increase “Effective immediately” with more increases likely to come based upon our conversations with our mills in all paper and board grades. We are doing everything possible to limit these increases and avoid product flow disruptions. But unfortunately, that comes at a cost.
Please be assured that we will continue to evaluate all factors to identify and deliver premium products while controlling costs. We sincerely appreciate your patience and understanding during this time. If you have any questions about your products specifically, please feel free to contact us.
February 23, 2021 - Several major North American producers of containerboard have recently increased linerboard prices by $50-$70/ton. Though these price increases are not yet reflected in Pulp & Paper (Fastmarkets RISI) — the industry publication that drives many packaging paper supply contracts — this recent round of increases is already being adopted by several integrated and independent corrugated manufacturers.
While corrugated increases are expected a couple times a year, this situation is slightly abnormal because the increase is being driven by tight supply and sustained increase in demand, which has not let up despite the holiday season coming to an end. These issues are compounded by the rise in input costs and unpredictable shortages in labor due to COVID-19.
February 15, 2021 08:00 AM Eastern Standard Time
THOMASVILLE, N.C.--(BUSINESS WIRE)--Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced a general rate increase (GRI) of 4.9 percent applicable to rates established under the existing ODFL 559, 670, and 550 tariffs effective March 1, 2021.
Todd A. Polen, Old Dominion’s Vice President – Pricing Services, commented, "At Old Dominion, we are committed to delivering our premium value proposition of on-time, claims-free service at a fair price. To satisfy our customers’ expectations and deliver on the promises we have made, we must continue to enhance our high-quality service network and systems. This GRI will affect our class tariffs and is intended to partially offset the rising costs of real estate, new equipment, technology investments, and competitive employee wage and benefit packages. Although the GRI will impact each customer differently based on specific shipment lanes and distance traveled, it is consistent with our long-term yield management philosophy and the overall impact of the increase is anticipated to be approximately 4.9 percent. The GRI also provides for a nominal increase in minimum charges with respect to intrastate, interstate and cross border lanes.”
Dear Mill Group Customer,
Greif is raising the prices on all uncoated recycled board (URB) grades by $50/short ton effective with shipments starting Thursday, March 4th, 2021.
Greif continues to experience increasing demand for our paperboard products and at the same time, our costs for producing and delivering your products continue to increase. Your sales representative will be contacting you soon to discuss this increase.
I would like to thank you for your continued commitment to Greif. Your business is greatly appreciated, and we look forward to servicing your needs with high quality paperboard products
Sappi North America announces a transactional price increase of $50/ton on all shipments on or after Monday, February 15, 2021 on the following products:
• Proto Litho
The increase applies to all calipers. Standard differentials and upcharges apply.
Please call your Sappi sales representative with any questions.
Thank you for your continued support.