Greif, Inc., Subsidiary Soterra LLC Achieves SFI Certification
January 13 2009 - 8:24AM
PR Newswire (US)
DELAWARE, Ohio, Jan. 13 /PRNewswire-FirstCall/ -- Greif, Inc.
(NYSE:GEFNYSE: GEF.B) announced today that its Soterra LLC
timberland subsidiary has achieved Sustainable Forestry
Initiative(R) (SFI) certification. Soterra manages approximately
228,000 acres of timberland in Alabama, Louisiana and Mississippi,
and provides wildlife, recreational land use and forestry
management services. SFI certification is governed by SFI, Inc., an
independent non-profit organization. Forest certification is
granted after an SFIS Certification Audit verifies conformance with
the SFI standards. Conducted in November 2008, the audit's scope
included forest practices on land under active management as of May
1, 2008, as well as practices conducted earlier as appropriate,
such as forest regeneration and best land management practices.
Soterra's program was also audited for the promotion of sustainable
forestry practices, commitment to legal compliance and the
incorporation of continuous improvement, which are obligations
under SFI. "We are pleased to earn SFI certification after the
auditor's thorough and strict review process," said Matthew Bonham,
Soterra Vice President and General Manager. "This certification
demonstrates our commitment to practice and promote a land
stewardship ethic that integrates reforestation, growing and
harvesting of trees for useful products with the conservation of
soil, air and water quality, biological diversity, wildlife and
aquatic habitat, recreation and aesthetics." About Greif Greif is a
world leader in industrial packaging products and services. The
company produces steel, plastic, fibre, corrugated and multiwall
containers, protective packaging and containerboard, and provides
blending, filling and packaging services for a wide range of
industries. Greif also manages timber properties in North America.
The Company is strategically positioned in 47 countries to serve
global as well as regional customers. In 2008, the company reported
$3.8 billion in net sales. Additional information is on the
Company's website at http://www.greif.com/ . DATASOURCE: Greif,
Inc. CONTACT: Deb Strohmaier, APR, Vice President, Communications,
Greif, Inc., +1-740-549-6074, +1-614-208-3496 (cell), Web site:
http://www.greif.com/
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