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Greif’s EarthMinded Life Cycle Services Adds Kearny Steel Container To Network

Greif (NYSE: GEF, GEF.B), a world leader in industrial packaging products and services, announced today that its affiliated EarthMinded® Life Cycle Services (EarthMinded) industrial container reconditioning network has expanded its market reach to the Northeast United States with the addition of Kearny Steel Container. EarthMinded is the only global network that collects, cleans, reshapes, reconditions or remanufactures and tests industrial packaging for reuse and recycling and that provides verifiable sustainability measurements.

The addition of Kearny allows EarthMinded customers to take advantage of a strengthened collection and reconditioning network across North America with the knowledge that their empty, used packaging will be handled in accordance with applicable laws and regulations. Customers of Kearny will now be able to take full advantage of the proprietary sustainability reporting tools provided by EarthMinded.

Randy Stacy, President of Container Life Cycle Management LLC, which manages the EarthMinded network in North America, said, “We are thrilled to welcome Kearny to EarthMinded, the world’s largest network of companies dedicated to responsible used industrial packaging collection and reconditioning. Their long history of environmental stewardship and customer service, coupled with their world-class reconditioning technologies and overall quality, makes them the perfect addition to the EarthMinded network in the northeast United States.”

About Greif

Greif is a world leader in industrial packaging products and services. The company produces steel, plastic, fibre, flexible, corrugated, multiwall and reconditioned containers, intermediate bulk containers, containerboard and packaging accessories, and provides blending, filling, packaging and industrial packaging reconditioning services for a wide range of industries. Greif also manages timber properties in North America. The company is strategically positioned in more than 50 countries to serve global as well as regional customers. Additional information is on the company's website at www.greif.com.

About EarthMinded® Life Cycle Services

Composed of the joint venture Container Life Cycle Management LLC and affiliated partners in the North America, EarthMinded Europe and other global affiliates - EarthMinded Life Cycle Services delivers a wide range of reconditioned and remanufactured industrial packaging and related services throughout the world. Through an integrated network, the business provides the most reliable, cost-effective one-stop service possible to member customers who have one site or several sites in multiple countries. EarthMinded delivers the tools and capabilities that enable companies to attain greater sustainability in industrial packaging. Additional information is on the EarthMinded website at www.earthminded.com/lifecycleservices/about.

About Kearny Steel Container Corporation

Kearny Steel Container was founded in 1951 in Newark, NJ. The company reconditions steel, plastic and intermediate bulk containers, and provides end-of-life container recycling for steel, plastic and fibre containers. With unequaled process capabilities and a growing distribution business, Kearny is the region’s leader in the industrial packaging business.

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