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 on an earnings call.

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

10 manufacturers invest millions in packaging, rPET expansions

The lion’s share of recently announced investments will occur in the central United States, including for International Paper, Genpak, Eagle Flexible Packaging and Premier Packaging.

By Katie Pyzyk • Feb. 13, 2025

Smurfit Westrock balances closures, investments in ‘transformation’ year

The company also is assessing the potential impacts of new tariffs and eyeing other pricing models, executives said on an earnings call.

By Katie Pyzyk • Feb. 12, 2025

Metal packaging manufacturers raise red flags over new tariffs

Both packaging and “consumer prices will go up” as manufacturers pass down increased costs, said Can Manufacturers Institute President Robert Budway.

By Katie Pyzyk • Feb. 11, 2025

Ball, Crown, O-I talk beverage market, 2025 consumer concerns

Customers’ portfolio diversity, the spending strength of end consumers, and competition between glass and cans were discussion points during recent earnings calls.

By Maria Rachal • Feb. 11, 2025

Ardagh Glass closing Illinois plant, affecting 316 employees

The suburban Chicago plant closure comes after two other permanent shutdowns in recent months, which impacted nearly 500 jobs.

By Katie Pyzyk • Updated Feb. 6, 2025

Graphic Packaging ‘very pleased’ with customer response to third-party pricing index exit

The company anticipates little impact from new tariffs, executives said on Tuesday’s earnings call. Plus, they updated progress on the recycled paperboard mill expected to open in Waco, Texas, this year.

By Katie Pyzyk • Feb. 5, 2025

Amcor feels pain from healthcare destocking, says Berry deal on track

Volumes were up for Amcor, but lingering healthcare destocking and weaker beverage demand in North America presented headwinds. Separately, Berry disclosed that the sale of its tape business to private equity closed in February.

By Maria Rachal • Feb. 4, 2025

International Paper completes acquisition of DS Smith

The new IP is among the largest packaging companies in the world. The nearly yearlong journey to close the deal was convoluted at times, including competing interest from Mondi and Suzano.

By Katie Pyzyk • Jan. 31, 2025

Dow plans 1,500 layoffs in $1B savings plan

The cost-cutting announcement follows a 6% sales decline in the company’s packaging and specialty plastics segment.

By Sara Samora • Jan. 31, 2025

The packaging industry outlook for 2025

The evolution of packaging EPR, potential for more industry-reshaping megadeals, shifting attitudes on plastics and sustainability goals, and Trump’s mark on trade and federal funding are dynamic areas to watch.

By Packaging Dive Staff • Jan. 31, 2025

Layoffs, closures announced by Dow, Orbis, Greif in January

Packaging Corporation of America and RR Donnelley also gave notice of upcoming packaging-related closures and layoffs.

By Maria Rachal • Jan. 31, 2025

International Paper details new box plant as part of turnaround strategy

“The goal is, over the next few years, to completely reconfigure our box plant network,” CEO Andy Silvernail said Thursday. IP’s acquisition of a bulk plant in Louisiana and takeover of DS Smith are supposed to be finalized Friday.

By Katie Pyzyk • Jan. 30, 2025

Where is packaging industry consolidation likely in 2025? Experts weigh in.

Niche packaging sectors are considered ripe for growth and M&A. Analysts also weigh in on the influence of the Trump administration and whether the megadeal trend will continue in 2025.

By Katie Pyzyk • Jan. 30, 2025

PCA ‘frustrated’ with pricing index, plans to stop using it

Packaging Corporation of America plans to exit Fastmarkets RISI’s index and “unwind” customer contracts tied to it, said executives on Wednesday’s earnings call. They also discussed a new box plant under construction in Ohio.

By Katie Pyzyk • Jan. 29, 2025

Greif announces 2 closures, affecting 140 jobs

One paperboard machine in Georgia and one containerboard mill in Massachusetts will shut down permanently by this spring.

By Katie Pyzyk • Jan. 29, 2025

European Commission requires 5 divestitures for IP-DS Smith deal

International Paper agreed to sell plants in three countries to gain approval. The acquisition is slated to close Jan. 31.

By Katie Pyzyk • Jan. 24, 2025

Sprouts accused of falsely labeling private label table ware as ‘compostable’

A class action lawsuit claims the grocer and manufacturer marked the products as compostable despite containing “forever chemicals.” 

By Peyton Bigora • Jan. 23, 2025

Déjà vu? Fiber pricing stays flat despite producer increases.

Producers’ first containerboard and boxboard price increases for 2025 are turning out much like their first attempt in 2024: with little to no movement. But that’s expected to change in the coming weeks.

By Katie Pyzyk • Jan. 22, 2025

Trump orders trade review ahead of potential tariffs

Federal agencies have until April 1 to give recommendations on trade pacts with Mexico, Canada and China. President Trump also said certain tariffs on Mexico and Canada could begin by Feb. 1.

By Philip Neuffer • Jan. 21, 2025

8 US packaging manufacturing developments to know in the new year

Nelipak, TerraSafe and Global Packaging Solutions all expanded in North Carolina. Catch up on growth news in Florida, Illinois, Maine, Pennsylvania and Texas.

By Maria Rachal • Jan. 15, 2025

PCA to close Georgia corrugated plant, affecting 103 people

Packaging Corporation of America determined it could better serve customers by moving the Atlanta-area full-line plant’s capacity to other locations, according to a spokesperson.

By Katie Pyzyk • Jan. 13, 2025