Box is made with around 40% recycled fiber and up to 10% less weight than the previous design—helping to lower emissions during transport without compromising fruit protection.
The Greif containerboard business includes two containerboard mills with approximately 800,000 tons of production capacity and eight sheet feeder and corrugated plants located across the United States.
Investment aims to support the containerboard and papermaking industries as they adapt to meet a variety of changing consumer and environmental requirements, such as the need for stronger natural polymer-based food packaging.
Growth of the market will be due in part to increased at-home deliveries and on-the-go dining in countries, according to a report by Global Market Insights Inc. Plastic, metal and glass packaging are a few factors that may affect paperboard packaging market in coming years.
With growth at a standstill, Vertical Research Partners' packaging and forest products analyst Chip Dillon, offers insight into the U.S. containerboard sector.