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Rock-Tenn Company Announces Recycled Paperboard Price Increase

Posted on: Tuesday, 20 September 2005, 18:00 CDT

Rock-Tenn Company's (NYSE: RKT) Paperboard Division announced today price increases on all recycled paperboard grades produced by the company. Effective with shipments October 17, 2005, the increase in transaction price by grade will be $40.00 per ton for corrugating medium, $35.00 per ton on clay coated recycled board, including Millennium Board(R), and $30.00 per ton for uncoated recycled board. Additionally, freight and fuel energy surcharges will be discussed with customers on an individual basis. "These increases only partially recover the cost increases we have absorbed, but reflect the staggering and unpredictable market prices we are paying for boiler fuels, petroleum based chemicals and freight. The final severity and duration of these cost increases are uncertain," said David Dreibelbis, Executive Vice President and General Manager of the Paperboard Division.

Rock-Tenn Company provides a wide range of marketing and packaging solutions to consumer products companies at low costs, with combined pro forma net sales of $2.1 billion and operating locations in the United States, Canada, Mexico and Chile. The Company is one of North America's leading manufacturers of packaging products, merchandising displays and bleached and recycled paperboard.

Source: Business Wire

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