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Higher steel cost
End of March 2010 Global miners and key Asian steelmakers have agreed to a big increase in iron ore prices after they signed deals to replace the 40-year-old pricing system based on annual contracts with new short-term (quarterly) deals linked to market-based prices.
GREIF ADDS TO PORTFOLIO IN SCANDINAVIA
DELAWARE, Ohio, USA (Nov. 13, 2009) – Greif, Inc., (NYSE: GEF, GEF.B) has acquired privately held Hannells Industrier AB. With operations in Scandinavia, the company manufactures plastic drums, jerricans and pails; steel drums; and intermediate bulk containers for customers primarily in the chemical, petrochemical and paint industries.
On Saturday September 5, 2009 a new Green Initiative was kicked off in Europoort.
Greif is a world leader in industrial Packaging products and services. The company provides extensive experience in steel-, platic-,fibre drums and IBC's.
These are primarily used for the worldwide chemical, petro-chemical, pharmaceutical-, agricultural and food processing industries. In North America Greif produces corrugated containers, specialty corrugated products, multiwall bags and containerboard, and manages timber properties.
Because Greif acquired Van Leer in 2001 the Company now owns more than 140 strategic plants in more than 40 countries and is capable to deliver multinationals as well as regional customers.
With pride we mention some of our references:AkzoNobel, DSM, SHELL.
Read about Greif's worldwide range of packaging expertise at www.greif.com