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Greif Receives Global Green Industrial Design Award For Its PackH2O™ Backpack

DELAWARE, Ohio, Dec. 4, 2012 /PRNewswire/ -- Global Green USA honored Greif, Inc. (NYSE: GEF, GEF.B) with the Industrial Design Award at its 13 th Annual Global Green Sustainable Design Awards event held Dec. 3 in New York City. The award honors the PackH2O water backpack created specifically for the human transport of water in water-distressed regions and disaster zones.

A world leader in the manufacture of industrial packaging, Greif developed the water backpack constructed of industrial-grade polypropylene fabric. PackH2O was also recently named a Popular Science 2012 Best of What's New Award winner in the Green category.

"We are grateful for this recognition from Global Green USA, and privileged to take a place beside the other Award honorees. This recognition is another affirmation that we are addressing the Achilles' heel of water distribution - the transport by a person from source to home," said Scott Griffin, chief sustainability officer for Greif.

Griffin continued, "We purposefully designed sustainability into the water backpack and our business model. We minimized the carbon footprint of the water backpack every way we could, including the use of scrap material from our production of flexible industrial packaging, which would otherwise be reprocessed. We also took out cost as much as possible so we could set a low price that would cover costs and enable distribution to make the water backpack self-supporting. This way, we can continue to make water backpacks without straining our resources, ensuring production until the day they're not needed anymore."

A water backpack can be purchased and donated for $10 at the web site PackH2O, www.packh20.com, and can be custom-printed for bulk orders.

The water backpack is also available in kits that are optimally priced to be sewn, distributed and sold by women creating small business networks in developing markets with minimal capital and training. The intention is for the water backpacks to ultimately create needed local jobs in economically disadvantaged communities.

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