Graphic Packaging Holding has launched PaceSetter Ridgeline, its first uncoated recycled paperboard product, produced at the Waco, Texas mill using 100% recycled fiber. The move brings the company into the uncoated recycled paperboard market for folding cartons, laminations, tubes, cores and other specialty uses. The launch comes as the share price has fallen 28.58% year to date, with a one-year total shareholder return decline of 50.14%, though the 90-day return of 8.85% hints at some recovery. A widely followed narrative points to a fair value of $11.79 per share compared with the last close at $10.82, suggesting the stock may be 8.2% undervalued. The Waco investment is expected to support margin expansion by shifting production away from higher-cost bleached paperboard.
Graphic Packaging Holding CompanyLaunched PaceSetter Ridgeline, its first uncoated recycled paperboard product, expanding into a new market.