The Latest
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Photo illustration: Shaun Lucas/Industry Dive; Getty Images
Tracking packaging mergers and acquisitions in 2024
Hammond Paper is adding production and staff from a fellow Ontario company focused on fill packaging. Also, Hood Packaging acquired TC Transcontinental’s industrial packaging assets.
Updated Oct. 29, 2024 -
Courtesy of Georgia-Pacific
10 of the latest packaging facility expansions in North America
Elopak, Georgia-Pacific, Graham Packaging and RediBagUSA are among the companies that recently made investments in new facilities or upgrades.
Updated Oct. 25, 2024 -
Courtesy of Eviosys
Sonoco’s acquisition of Eviosys under review in UK
U.K. regulators are expected to report back by Dec. 19 on a deal that Sonoco has projected will close in the fourth quarter. Separately, the European Commission recently approved the acquisition.
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Courtesy of O-I Glass
O-I Glass shuttering Ohio innovation center, Illinois plant: reports
The company has teased multiple closures since Gordon Hardie took over as CEO but previously had shared few specifics on locations.
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Win McNamee via Getty Images
Election 2024: The outlook for packaging and manufacturing policy
Vice President Kamala Harris and former President Donald Trump differ on environmental regulations, manufacturing, energy and ESG policies. What could a Trump or Harris presidency mean for the packaging industry?
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Courtesy of Kroger
Kroger rolls out Avery Dennison RFID tech
The automation technology aims to provide more frequent and accurate inventory insight to prevent food waste and streamline in-store operations.
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Courtesy of Sabert Corp.
Q&A5 questions for Sabert’s new chief sustainability officer
Richa Desai discusses what it’s like to lead sustainability strategy at a private food packaging company in a changing landscape.
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Lisa Beeby via Getty Images
PCA reports strong volume and price growth in Q3, previews major new plants in the coming years
Packaging Corporation of America set new quarterly records in containerboard production and other categories, backed by demand from existing customers. It also reported progress on at least 60 capital projects at existing box plants.
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SafakOguz via Getty Images
Fiber packaging pricing remains flat, Cascades’ 3rd increase doesn’t gain traction
Industry price increases appear to be finished for the year. Meanwhile, analysts point to continued improvement in volumes while the industry pulls up from the post-pandemic “cardboard box recession.”
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Kevin Dietsch via Getty Images
Biden-Harris administration opens tariff exclusion process for some manufacturers
The deadline to submit exclusion requests to the USTR is March 31, 2025.
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Rachel Pollack/Packaging Dive
International Paper to close facilities in 4 states, lay off hundreds
The recently disclosed layoffs will occur in Illinois, Missouri, North Carolina and Tennessee in mid-December. These are in addition to 650 layoffs confirmed last week.
Updated Oct. 21, 2024 -
Courtesy of Crown Holdings
Beverage can trends in North America, Europe improved for Crown in Q3
However, customer promotional activity remains “lackluster,” which “may well be the new norm,” said CEO Tim Donahue.
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Retrieved from PR Newswire.
Sprouts expands reusable packaging partnership with IFCO
The specialty grocer has piloted reusable containers for fresh produce items packed in high-humidity environments as a way to replace single-use corrugated and wax-corrugated boxes.
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Permission granted by Sway
Sway scaling compostable seaweed-based polybags with fashion brands
Prana, Faherty and other brands will begin using the bags to package items like shirts and shorts. California-based material innovation startup Sway says the next applications it’s eyeing include mailers and multilayer packaging.
Updated Oct. 25, 2024 -
Katie Pyzyk/Packaging Dive
Deep DiveReality check: AR, VR transforms training for packaging manufacturers
Augmented and virtual reality experiences at Greif, Papacks, Smurfit Westrock and Sonoco are working to boost employees’ skills and safety, pushing packaging manufacturing training into its “next era.”
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Permission granted by Gem-Pack Berries
Gem-Pack Berries ditches clamshell labels with Multisteps’ digital printing technology
Multisteps Industries expects its direct-to-packaging printing to improve recyclability for Gem-Pack’s PET clamshells for berries, starting this year.
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Photo illustration by Shaun Lucas/Packaging Dive; photograph by Vudhikul Ocharoen via Getty Images
TrackerPackaging manufacturers set big sustainability goals. How are they doing?
Amcor reported on its emissions reduction targets, recently validated by SBTi. The company says nearly all of its rigid packaging is now “recyclable,” but recycling solutions are still missing for much of its flexibles portfolio.
Updated Oct. 18, 2024 -
Courtesy of International Paper/Cision
International Paper to lay off 650 employees
The lion’s share of the layoffs will occur at the company’s headquarters in Memphis, Tennessee. Another portion relates to a planned corrugated sheet plant closure in Texas.
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Courtesy of O-I Glass
O-I Glass discloses $21M severance charge amid furnace closures
The company detailed an optimization plan in July. In the past two months, O-I has disclosed multiple furnace closures impacting hundreds of employees and a Q3 charge related to expected Q4 severance payouts.
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Courtesy of PulPac
Q&APulPac leverages partnerships to advance its dry molded fiber technology
The company is experiencing growth as it touts its technology's carbon footprint benefits over the wet molding process. Identifying coatings free of PFAS is a sticking point, says Chief Commercial Officer Sanna Fager.
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Sean Gallup via Getty Images
CEOs from Ball, Ikea, Nestlé, H&M, others call for climate action ahead of COP29
A letter, signed by senior executives from over 100 corporations, urges governments and businesses to collaborate to address challenges related to climate risk mitigation.
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Permission granted by Rare Beauty
Deep Dive‘Everybody benefits’: Why the beauty industry needs to get serious about accessible packaging
Rare Beauty and Target have taken steps to develop guidance around universally accessible design, but the industry isn’t prioritizing it yet.
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sulhanul khoir via Getty Images
Silgan completes acquisition of Weener Plastics
Weener Plastics is Silgan’s latest major purchase in recent years to grow its dispensing and specialty closures division.
Updated Oct. 15, 2024 -
Permission granted by GreenBlue
How2Recycle revampHow2Recycle doesn’t want to abandon the chasing arrows
Consumer comprehension data played a central role in how How2Recycle redesigned its instructional label, leaders of the process explained. But potential restrictions in California pose a challenge.
Updated Oct. 14, 2024 -
Courtesy of International Paper/Cision
Acquisition of DS Smith
International Paper, DS Smith shareholders vote to approve combination
The shareholders’ approvals push the deal closer to closing, which the parties still expect to occur this quarter. The combined companies anticipate pro forma sales of over $28 billion.
