52-week low: $12.60
Company Overview
Glatfelter Corp makes and sells a variety of paper and fiber products. The company s two reportable segments are composite fibers, which makes filters for tea and coffee, wallpaper base materials, and high-fiber specialty papers for commercial and industrial use; and air-laid materials, which provides absorbent, thin cellulose-based materials used to manufacture products in feminine hygiene, specialty wipes, home care, and other consumables. Products are sold worldwide, with the majority of revenue coming from Europe, the United States, and Canada.
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Home / Market News / Glatfelter raising prices up to 8% on composite fibers, used to make consumer, personal care and food products
Glatfelter raising prices up to 8% on composite fibers, used to make consumer, personal care and food products
Glatfelter Corp. said Tuesday it will raise prices for all composite fibers products by up to 8%, effective March 15, as the engineered materials company looks to combat inflation in raw materials prices. Glatfelter’s composite fibers are used to make many food, consumer and personal care products, such as tea bags, single-serve coffee, wipes, laundry sheets, feminine hygiene and swim diapers. Glatfelter’s products are also used for home improvement and industrial applications, such as laminates for flooring and kitchen countertops and industrial tape and filtration products. “Glatfelter continues its extensive efforts to reduce overall costs and increase manufacturing efficiencies,” said Chief Commercial Officer Chris Astley. “Howev