The Newark Group Announces a $40 per Ton Increase on All Coated Grades of Recycled Paperboard Effective April 2, 2013

CRANFORD, N.J.--(BUSINESS WIRE)--The Newark Group (www.newarkgroup.com), a leader in the collection of secondary fibers and the manufacturing and converting of 100% recycled paperboard in the U.S. and Canada, today announced a $40 per ton price increase on all coated grades of recycled paperboard effective with shipments on or after April 2, 2013.

“The increase is necessary due to the escalating costs of raw materials, freight and energy”

“The increase is necessary due to the escalating costs of raw materials, freight and energy,” said Raymond Vargo, Jr., Vice President of Sales, Newark Paperboard Mills.

About The Newark Group

The Newark Group is a leader in integrated manufacturing of 100% recycled paperboard and paperboard products in the U.S. and Canada. The Company supplies the raw material used to produce products, making it a self-sustaining, environmentally sound company. The Newark Group serves a diverse market, offering raw materials to finished products. They are committed to providing customers with customized innovative products and superior customer service. Privately held for 100 years, The Newark Group is headquartered in Cranford, NJ, employs more than 1,500 and owns 34 facilities. It is a member of the Forest Stewardship Council (FSC), an international not-for-profit organization dedicated to promoting responsible management of the world’s forests.