Consumables

Graphic Packaging Increases Prices for Coated Unbleached Kraft Paperboard

Thursday 16. October 2008 - Graphic Packaging International, Inc., a subsidiary of Graphic Packaging Holding Company (NYSE: GPK), today announced that it will increase prices for coated unbleached kraft paperboard, effective with shipments on or after November 1, 2008.

The Company will increase prices for its Pearl-Kote and Omni-Kote coated folding carton grades used for food packaging by $40 per ton, and for its Aqua-Kote carrier grade used for beverage carriers by $50 per ton.

“Given the volatile costs for essential inputs like fiber, energy and chemicals in our manufacturing, we are taking action to continue to manage these uncertainties and provide innovative paperboard packaging to our customers under the current market dynamics, while also providing positive returns to our shareholders,” said David W. Scheible, President and Chief Executive Officer.