Finance


  • View from above of dozens of tabbed beverage cans
    Image attribution tooltip
    gerenme via Getty Images
    Image attribution tooltip

    Ardagh Metal Packaging expects ‘minimal impact’ from tariffs

    Domestic sourcing, regional production and consumption, lack of empty-can imports and cost pass-throughs in contracts are all benefiting the company, executives said.

    By April 25, 2025
  • tops of white plastic jugs
    Image attribution tooltip
    niuniu via Getty Images
    Image attribution tooltip

    TricorBraun names new CEO

    The global packaging supplier is bringing in an executive from the truck equipment sector who previously worked with current head Court Carruthers.

    By April 23, 2025
  • A variety of corrugated shipping boxes.
    Image attribution tooltip
    Retrieved from Packaging Corporation of America on February 27, 2025
    Image attribution tooltip

    PCA’s packaging sales surge despite tariffs’ drag on demand

    Packaging Corporation of America says it achieved a revenue milestone in Q1, with bookings and billings also up in Q2 so far. But economic uncertainty is prompting an adjustment to maintenance outage schedules.

    By April 23, 2025
  • Close-up view of flat, stacked corrugated boxes.
    Image attribution tooltip
    SafakOguz via Getty Images
    Image attribution tooltip

    Fiber producers could be teeing up another round of price increases

    Analysts say that producers are watching tariffs, and whether the seasonal demand uptick will occur this year, as factors in pricing decisions.

    By April 22, 2025
  • Close up view of stacked corrugated cardboard.
    Image attribution tooltip
    Mikola249 via Getty Images
    Image attribution tooltip

    Tariff turmoil: Box demand dips, recession fears rise

    The impact of uncertainty from tariffs already is appearing in the paper and packaging industry, and manufacturers are expressing concern about a potential recession this year, according to analysts.

    By April 18, 2025
  • Thirteen people hold a purple ribbon while standing in front of a wall with Sylvamo's name on it.
    Image attribution tooltip
    Courtesy of Sylvamo
    Image attribution tooltip

    Sylvamo to shuffle C-suite upon CEO’s retirement

    Sylvamo announced that a new, home-grown leader will take over in January. This comes amid growth for the International Paper spinoff.

    By April 16, 2025
  • Three flags showing the European Union's logo in front of a building.
    Image attribution tooltip
    Katie Pyzyk/Packaging Dive
    Image attribution tooltip

    International Paper finds buyer for 5 European box plants

    IP cannot reacquire any of the divested corrugated plants for 10 years, unless the European Commission determines that market conditions have changed. The commission required the sale for approval of IP’s acquisition of DS Smith.

    By April 14, 2025
  • Exterior view of a manufacturing facility with the Smurfit WestRock logo
    Image attribution tooltip
    Courtesy of Smurfit WestRock
    Image attribution tooltip

    Smurfit Westrock to close corrugated plant in Oregon

    Layoffs at the Portland facility will come in waves, with 72 employees affected in the first round. This closure is part of the packaging company's ongoing footprint optimization plan.

    By April 11, 2025
  • automatic label printing machine
    Image attribution tooltip
    Gumpanat via Getty Images
    Image attribution tooltip

    Packaging M&A highlights from Q1

    Packaging Dive followed dozens of deals in the first quarter. Industry observers noted activity in the labels space.

    By April 10, 2025
  • President Donald Trump speaks in the Oval Office of the White House on April 7, 2025.
    Image attribution tooltip
    Kevin Dietsch via Getty Images
    Image attribution tooltip

    Trump pauses most reciprocal tariffs, hikes China’s further

    The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.

    By Philip Neuffer • Updated April 10, 2025
  • A truck transports a container at Yangluo container port on the Yangtze River on April 12, 2020 in Wuhan, Hubei Province, China.
    Image attribution tooltip
    Getty Images via Getty Images
    Image attribution tooltip

    China raises tariffs on US to 84%, matching Trump’s increase

    The retaliatory duties, taking effect Thursday, were originally set at 34% before the White House further raised its own rates.

    By Max Garland • April 9, 2025
  • Three people examine envelopes while standing next to an industrial machine.
    Image attribution tooltip
    Permission granted by JBM Packaging
    Image attribution tooltip

    JBM Packaging brings training program to Ohio prison

    Moving the machine adjuster training program to the London Correctional Institution in Ohio allowed the company to increase participants’ pay. JBM aims to start real-world envelope production at the site soon.

    By April 8, 2025
  • A company display at a conference showing reusable totes and Orbis branding.
    Image attribution tooltip
    Katie Pyzyk/Packaging Dive
    Image attribution tooltip

    Mauser, Orbis, Pretium among March packaging company layoffs

    Graphic Packaging International and RTS Packaging also are among the companies that announced facility closures in March.

    By April 4, 2025
  • China, shipping, scrap, recycle
    Image attribution tooltip
    VCG via Getty Images
    Image attribution tooltip

    China readies 34% tariff on US imports starting April 10

    The country's retaliation against President Donald Trump's trade policies builds upon previously announced duties.

    By Max Garland • April 4, 2025
  • Aluminum cans at a factory
    Image attribution tooltip
    Gumpanat via Getty Images
    Image attribution tooltip

    Aluminum cans, beer imports subject to 25% tariffs

    The duties are separate from President Trump’s baseline tariffs. The Aluminum Association supports the move, while the Consumer Brands Association joined others in asking the administration to “fine-tune their approach.”

    By Updated April 4, 2025
  • Exterior of a building with the Novolex logo.
    Image attribution tooltip
    Permission granted by Novolex
    Image attribution tooltip

    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 April 1, 2025
  • closeup of tops of glass bottles lined up in a crate
    Image attribution tooltip
    Ratchapon Supprasert via Getty Images
    Image attribution tooltip

    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 March 31, 2025
  • Three people sit in chairs on a stage in front of an audience.
    Image attribution tooltip
    Courtesy of Screenshot: International Paper
    Image attribution tooltip

    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 March 26, 2025
  • 2 Ball aluminum cups branded for Bud Light and Super Bowl LIV against the backdrop of Hard Rock Stadium
    Image attribution tooltip
    Courtesy of Ball Corp.
    Image attribution tooltip

    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 March 24, 2025
  • Blue recycling bins are seen on a residential street Oct. 30, 2017, in Portland, Oregon.
    Image attribution tooltip
    Natalie Behring via Getty Images
    Image attribution tooltip

    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 Updated March 21, 2025
  • Close up of fiber tubes with blue Sonoco logos on them.
    Image attribution tooltip
    Retrieved from Sonoco on March 21, 2025
    Image attribution tooltip

    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 March 21, 2025
  • O-I Glass leaders stand and cheer as they ring the New York Stock Exchange closing bell
    Image attribution tooltip

    Screenshot: New York Stock Exchange/YouTube

    Image attribution tooltip

    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 March 18, 2025
  • cardboard boxes on a conveyor belt
    Image attribution tooltip
    alvarez via Getty Images
    Image attribution tooltip

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

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

    By Packaging Dive Staff • Updated April 24, 2025
  • A close-up view of various old corrugated boxes that are flattened.
    Image attribution tooltip
    Watcharin panyawutso via Getty Images
    Image attribution tooltip

    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 March 5, 2025
  • President Donald Trump takes a question from a reporter
    Image attribution tooltip
    Andrew Harnik/Getty Images via Getty Images
    Image attribution tooltip

    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 Updated March 5, 2025