GEF.B
- Greif, Inc.
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Overview
Company Summary
Greif, Inc. is a global industrial manufacturing company that specializes in producing and marketing industrial packaging products and services. Founded in 1877 and based in Delaware, Ohio, Greif has grown into a leading provider of sustainable packaging solutions.
The company operates through several business segments:
1. Rigid Industrial Packaging & Services: This segment focuses on producing and selling a wide range of rigid containers, including steel, plastic, and fiber drums, intermediate bulk containers (IBCs), and various other industrial packaging solutions. Greif's rigid packaging products are used in diverse industries such as chemicals, paints, coatings, food and beverage, and pharmaceuticals.
2. Paper Packaging: This segment is engaged in manufacturing containerboard, corrugated sheets, and other specialty paper packaging products. Greif supplies a variety of paper-based packaging solutions to industries such as agriculture, automotive, electronics, and retail.
3. Flexible Products & Services: This segment specializes in producing and marketing flexible intermediate bulk containers (FIBCs), known as "big bags," which are used for the storage and transportation of bulk materials. Greif also provides related services such as container management, filling, and discharge solutions.
4. Land Management: This segment primarily deals with Greif's ownership and management of extensive land holdings in the United States. The company aims to generate value from these land assets through various means, including leasing, timber sales, mineral rights, and real estate development.
Greif places a strong emphasis on sustainability and environmental responsibility. The company strives to minimize its environmental footprint by using recycled materials, reducing waste, and optimizing energy consumption in its manufacturing processes. They also offer sustainable packaging alternatives to their customers, including renewable and bio-based products.
Overall, Greif, Inc. is a globally recognized company in the industrial packaging sector, providing a wide array of packaging solutions and services across different industries while maintaining a commitment to sustainability.