Novolex completes $6.7B acquisition of Pactiv Evergreen

Pactiv Evergreen has transitioned from a publicly traded to privately held company as it is absorbed under Novolex. The combined company becomes one of largest food packaging producers.

By Katie Pyzyk • April 1, 2025

Verallia, Saverglass part of anticompetition investigation in France

The country’s Competition Authority carried out unannounced visits on Thursday and Friday as part of its probe into companies’ practices for manufacturing and marketing glass packaging.

By Katie Pyzyk • March 31, 2025

International Paper outlines 2027 vision, DS Smith integration plans

“We think we can transform this company,” said CEO Andy Silvernail during an investor day. IP previewed more cost-cutting ahead, plus an estimated $1.9 billion in capital expenditures per year through 2027.

By Katie Pyzyk • March 26, 2025

Ball sells majority stake in aluminum cups business, forming joint venture

Ball believes the joint venture, Oasis Venture Holdings, will grow its underperforming metal cups business, and it anticipates a $25 million year-over-year improvement following the asset sale.

By Katie Pyzyk • March 24, 2025

Days away from Oregon EPR reporting deadline, cue the ‘compliance anxiety’

In a U.S. first, producers of packaging, paper and food service ware have until the end of the month to report 2024 supply data through Circular Action Alliance’s portal. Oregon plans to start the program in July.

By Maria Rachal • Updated March 21, 2025

URB producers to increase prices as tariffs affect fiber demand

Greif, Sonoco, Cascades and Ox Industries are leading the price increases for uncoated recycled paperboard. Meanwhile, analysts flag that tariff uncertainty has prompted fiber demand shifts.

By Katie Pyzyk • March 21, 2025

O-I seeks to compete better with cans in North America

As part of an investor day, the glass company shared updates on an ongoing business strategy, including financial targets, cost-cutting efforts, portfolio transformation and growth opportunities.

By Maria Rachal • March 18, 2025

Which packaging companies have shuffled their C-suites in 2025?

In the first few months of the year, Huhtamaki, Sealed Air, Sonoco, Packaging Corporation of America and International Paper have already announced some notable leadership shifts.

By Packaging Dive Staff • March 10, 2025

China’s import policies changed fiber trade. Tariffs could change it again.

RaboResearch explored how pulp and paper are “caught in the cross fire of a new North American trade war” as well as trade trends with folding cartonboard and recovered paper.

By Katie Pyzyk • March 5, 2025

Paper, metal, plastics sectors raise alarm over North America tariffs

The Plastics Industry Association said in a statement it was “deeply concerned” about the levies, citing $74.2 billion in exports and $73.3 billion in imports for plastics in 2023.

By Maria Rachal • Updated March 5, 2025

Poly-Pak, Smurfit Westrock, TC Transcontinental add to 2025 packaging closures, layoffs

Ardagh Glass, Clearwater Paper, International Paper and Pactiv Evergreen also in February each detailed efforts to cut hundreds of employees.

By Katie Pyzyk • March 4, 2025

International Paper’s CFO to move into ‘newly created role’ at DS Smith

Longtime IP employee Tim Nicholls is shifting to the newly acquired entity. IP's new CFO comes from outside the company.

By Katie Pyzyk • Feb. 28, 2025

Ardagh Metal Packaging forecasts volume growth in 2025

The company highlighted positive trends with alcohol innovation and energy drinks. CEO Oliver Graham said he doesn’t expect tariffs to meaningfully impact the retail price of a can.

By Maria Rachal • Feb. 28, 2025

Greif to sell timberland subsidiary Soterra

Executives on Thursday’s earnings call also detailed the financial impacts of two recently announced closures, as well as the expected effects of tariffs.

By Katie Pyzyk • Updated March 19, 2025

Packaging Corporation of America shakes up leadership

The company will elevate multiple longtime employees to fill positions, including for the CFO and president roles.

By Katie Pyzyk • Feb. 27, 2025

Amcor, Berry shareholders approve $8.4B combination

Amcor announced in November that it would acquire Berry, which was in M&A talks with multiple other parties earlier in 2024, according to a regulatory filing.

By Maria Rachal • Feb. 26, 2025

Sealed Air ‘becoming more substrate-agnostic,’ upping fiber mailers

Sealed Air’s new CEO wants to be more competitive in e-commerce. The company is also working to mitigate the impact of tariffs and close two plants by year’s end.

By Maria Rachal • Feb. 25, 2025

February’s partial price increase for containerboard again raises index questions

Fiber producers continue to move away from third-party indexes and question their relevance to the broader market. Plus, analysts flag that containerboard oversupply and expected mill closures will affect prices.

By Katie Pyzyk • Feb. 25, 2025

Packaging manufacturers detail 2024 results

Sonoco, Smurfit Westrock, Graphic Packaging International, Amcor and International Paper are among the major companies that have shared their 2024 results. Read what executives had to say.

By Packaging Dive Staff • Feb. 24, 2025

Tariff uncertainty looms large for Cascades

Tariffs could impact 15% of Cascades' revenues, so the company has devised plans to mitigate potential negative effects, executives said on Thursday’s earnings call.

By Katie Pyzyk • Feb. 21, 2025

Sonoco turns M&A eye to ThermoSafe sale after Eviosys deal close

M&A drove a “milestone” year in 2024, Sonoco executives said. But the Eviosys acquisition’s longer-than-expected approval timeline affected contract negotiations, said CEO Howard Coker.

By Katie Pyzyk • Feb. 20, 2025

Pactiv Evergreen settles for $6.25M over 2023 North Carolina mill closure

The restitution amount is more than half of what Pactiv Evergreen received from the state in grants for the site. The company is “pleased to have resolved” matters related to the Canton mill, which it sold last month.

By Katie Pyzyk • Feb. 19, 2025

Clearwater Paper eliminates 200 positions as part of cost-cutting plan

The positions represent 10% of the company’s workforce. In 2025, Clearwater will work to broaden its product portfolio and improve operational performance, executives said.

By Katie Pyzyk • Feb. 18, 2025

Sealed Air ousts another CEO

Patrick Kivits held the role for less than eight months. Sealed Air recently reorganized into food and protective packaging verticals.

By Maria Rachal • Feb. 18, 2025

International Paper to close 4 facilities, affecting 674 employees

The bulk of those jobs are at a Louisiana mill slated to cease operations by March 31, according to an additional securities filing from the company. It adds to more than 1,500 layoffs announced in late 2024.

By Katie Pyzyk • Updated Feb. 13, 2025