43920--12/29/2006--GREIF

related topics

{cost, regulation, environmental}

{condition, economic, financial}

{cost, operation, labor}

{loss, insurance, financial}

{capital, credit, financial}

{operation, international, foreign}

{competitive, industry, competition}

Our business is sensitive to changes in general economic or business conditions. Our foreign operations are subject to currency exchange and political risks that could adversely affect our results of operations. We operate in highly competitive industries. Our business is sensitive to changes in industry demands. The continuing consolidation of our customer base for industrial packaging, containerboard and corrugated products may intensify pricing pressures and may negatively impact our financial performance. Raw material and energy price fluctuations and shortages could adversely affect our ability to obtain the materials needed to manufacture our products and could adversely affect our manufacturing costs. Environmental and health and safety matters and product liability claims could negatively impact our operations and financial performance. Our business may be adversely impacted by work stoppages and other labor relations matters. We may encounter difficulties arising from acquisitions. We may be subject to losses that might not be covered in whole or in part by existing insurance reserves or insurance coverage. These uninsured losses could adversely affect our financial performance. The continuing consolidation of our customer base for industrial packaging, containerboard and corrugated products may intensify pricing pressures and may negatively impact our financial performance. Raw material and energy price fluctuations and shortages could adversely affect our ability to obtain the materials needed to manufacture our products and could adversely affect our manufacturing costs. Environmental and health and safety matters and product liability claims could negatively impact our operations and financial performance. Our business may be adversely impacted by work stoppages and other labor relations matters. We may encounter difficulties arising from acquisitions. We may be subject to losses that might not be covered in whole or in part by existing insurance reserves or insurance coverage. These uninsured losses could adversely affect our financial performance. The frequency and volume of our timber and timberland sales will impact our financial performance. The frequency and volume of our timber and timberland sales will impact our financial performance.

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43920--12/29/2006--GREIF_INC