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Delta Companies Group Expands Operations to China

12/29/2009

DELTA COMPANIES GROUP EXPANDS OPERATIONS TO CHINA

DELAWARE, Ohio (Dec. 29, 2009) – Delta Companies Group (Delta), a subsidiary of Greif, Inc. (NYSE: GEF, GEF.B), has initiated construction of a multi-client packaging service complex in Shanghai near the Shanghai Chemical Industrial Park (SCIP).

When completed, the complex will provide blending and logistical services; packaging products including pails, drums and totes; and warehousing for global customers with operations in SCIP and the surrounding area.

Darren Cherry, vice president and general manager of Delta, said, “This expansion enables us to bring our strategic advantages to one of the fastest growing packaging service markets in the world. We look forward to building upon more than six decades of achievements as a third-party resource for our customers who produce oil-based and specialty chemical products throughout North America.

“During the past three years, we have embedded the Greif Business System into our operations and enhanced our performance to position us for international expansion. We are exceptionally prepared for this opportunity to extend our services to customers in China.”


About Greif

Greif is a world leader in industrial packaging products and services. The company produces steel, plastic, fibre, corrugated and multiwall containers, packaging accessories and containerboard, and provides blending and packaging services for a wide range of industries. Greif also manages timber properties in North America. Greif is strategically positioned in more than 45 countries to serve global as well as regional customers. Additional information is on the company’s website at www.greif.com

Contact:

Deb Strohmaier, APR
Vice President, Communications
+1 740 549 6074
+1 740 816 0692 cell
debra.strohmaier@greif.com

Contact

Matt Eichmann Vice President,
Investor Relations and Corporate Communications
Greif, Inc.
Office: (740) 549-6067

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