Finance
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Courtesy of Cascades
Cascades details Virginia production ramp-up, New York wind-down
The Canadian fiber specialist said it accelerated the closure of corrugated medium manufacturing operations in Niagara Falls in light of notable tonnage increases at Bear Island that persisted through July.
By Maria Rachal • Aug. 7, 2025 -
Courtesy of Ball Corp.
Ball optimistic after growth in nonalcoholic beverages
Meanwhile, the can manufacturer has been doing some “repositioning” of its beer-heavy portfolio, as that category has been relatively soft across geographies. The company called tariff impacts “manageable.”
By Maria Rachal • Aug. 6, 2025 -
Stockyme via Getty Images
Greif inks deal to sell timberlands for $462M
The sale to Molpus Woodlands Group is expected to close by the end of September. The divestiture aligns with Greif’s ongoing optimization and cost-reduction efforts.
By Katie Pyzyk • Aug. 6, 2025 -
Katie Pyzyk/Packaging Dive
Sealed Air details protective packaging turnaround progress, introduces new CFO
The second quarter of 2025 brought the most stable year-over-year volume results for protective packaging since 2021, said CEO Dustin Semach on Tuesday’s earnings call.
By Katie Pyzyk • Aug. 5, 2025 -
Andrew Harnik via Getty Images
EU delays countermeasures to US tariffs by 6 months
The bloc has now paused countermeasure implementation three times. The measures currently put on hold include additional duties for aluminum and steel products.
By Philip Neuffer • Aug. 5, 2025 -
Permission granted by Cascades
Cascades, IP, O-I Glass announced layoffs in July
Employees in California, New York and Oregon are affected by the closures at paper and glass facilities, according to state WARN filings.
By Katie Pyzyk • Aug. 4, 2025 -
Permission granted by International Paper
International Paper sets sights on mill improvements
The company still aims to divest its global cellulose fiber business by year’s end, but “the markets have been tough,” said CEO Andy Silvernail on Thursday’s earnings call.
By Katie Pyzyk • Aug. 1, 2025 -
Retrieved from Greif on August 01, 2025
Greif to close California facility, cut 43 jobs
Closing the steel drum and polymer container manufacturing facility aligns with the company’s plan to cut $100 million in costs by fiscal year 2027.
By Katie Pyzyk • Aug. 1, 2025 -
Lisa Beeby via Getty Images
Cardboard cartel? Lawsuit accuses containerboard manufacturers of price fixing
A class-action lawsuit led by a food customer follows a period of industry consolidation and multiple producer price hikes. It’s not the first time major producers have been sued over claims of anticompetitive actions.
By Katie Pyzyk • July 31, 2025 -
Permission granted by Georgia-Pacific
Georgia-Pacific announces CEO change
Christian Fischer, who has served as president and CEO since 2017, will retire from the company, ending a tenure dating back to 1989. The company aims to name a long-term replacement in 2026.
By Maria Rachal • July 31, 2025 -
Courtesy of O-I Glass
O-I continues to cut costs, ends MAGMA production technology
The glass containers company is continuing with curtailments and closures, while also implementing more efficient operating systems at some facilities. Despite a dip in Q2, the company expects relatively stable volumes in 2025.
By Maria Rachal • July 30, 2025 -
Courtesy of Smurfit Westrock
Smurfit Westrock touts ‘significant improvements’ to operations at 1-year mark
The company will continue efforts to optimize its corrugated box system, including through adjusting its footprint and cutting “loss-making” customer contracts, executives said on a Wednesday earnings call.
By Katie Pyzyk • July 30, 2025 -
Permission granted by Graphic Packaging International
Graphic Packaging’s costs climb as Waco mill nears finish line
Design and labor costs at a Texas project prompted Graphic Packaging International to restate its expected capital expenditures and free cash flow. CEO Mike Doss also noted a “highly unusual” decline in consumer spending.
By Katie Pyzyk • July 29, 2025 -
LordRunar via Getty Images
Ardagh owner agrees to cede ownership for $300M in recapitalization deal
The recapitalization transaction announced Monday would shift control from Paul Coulson, who long served as chairman of Ardagh Group. The company also disclosed Q2 results, showing glass packaging as a weak spot.
By Maria Rachal • July 28, 2025 -
Andrew Harnik via Getty Images
US, EU agree to lower tariffs in ‘framework’ deal
Most imports from the bloc would face a 15% tariff under the pact, but steel and aluminum remain at 50%, U.S. President Donald Trump and European Commission President Ursula von der Leyen announced Sunday.
By Philip Neuffer • July 27, 2025 -
jittawit.21 via Getty Images
Packaging manufacturers reveal Q2 results and trends
Cascades, Ball, Sealed Air, International Paper, O-I Glass, Smurfit Westrock and Graphic Packaging International are among the companies that have recently reported earnings.
By Packaging Dive Staff • Updated Aug. 7, 2025 -
JHVEPhoto via Getty Images
PCA details growth plans after Greif containerboard acquisition
Packaging Corporation of America is poised to benefit from competitors’ cuts to containerboard capacity this year, but the company is watching tariff-driven fluctuations in customer orders, said executives on a Thursday earnings call.
By Katie Pyzyk • Updated July 25, 2025 -
Courtesy of Sonoco
Sonoco scaling automation, robotics, digital printing
As Sonoco goes through a period of major acquisitions and divestitures, it’s eyeing $65 million in “productivity savings” in 2025 as it focuses on “the needs of our fewer, bigger businesses,” said CEO Howard Coker.
By Maria Rachal • July 24, 2025 -
Romeo Gacad via Getty Images
Unpacking 2025’s private equity activity trends
The first half of the year saw 71 PE deals in containers and packaging, according to PitchBook data. Analysts break down the economic factors influencing PE activity and exits in packaging, or lack thereof.
By Maria Rachal • July 23, 2025 -
gerenme via Getty Images
Canmaker Crown Holdings raises 2025 guidance
The company reported that demand in North American food rose 9% during Q2, led by vegetables. It aims to build can inventory by year’s end.
By Maria Rachal • July 22, 2025 -
Courtesy of International Paper/Cision
International Paper to close California facility, affecting 71 employees
The Buena Park, California, closure is slated for the first week of August. This latest in a string of closures since October 2024 brings IP’s total number of affected U.S. employees to approximately 2,500.
By Katie Pyzyk • July 22, 2025 -
Courtesy of Amcor
Sonoco, Arglass, Josh Packaging announce investments to expand manufacturing
Plus, Amcor and American Packaging Corp. announced production capacity expansions while E. Hofmann and ValorFlex Packaging of Kentucky are moving into new geographies.
By Katie Pyzyk • July 16, 2025 -
Courtesy of Smurfit WestRock
This is how much money packaging CEOs made in 2024
Tony Smurfit, head of newly formed Smurfit Westrock, had the greatest compensation package among packaging manufacturers in the S&P 500 last year.
By Maria Rachal • July 15, 2025 -
Permission granted by Cascades
Cascades to close Niagara Falls containerboard mill, affecting 123 employees
Aging infrastructure and high operating costs contributed to the decision to close, according to a Cascades spokesperson. This is the sixth major U.S. containerboard production facility closure in 2025 so far.
By Katie Pyzyk • July 9, 2025 -
lucky-photographer via Getty Images
Packaging M&A may not rise until next year, analysts say
Deal volume has been somewhat similar in 2025 as in 2024. Tariff uncertainty could dampen growth in the months to come, analysts note.
By Maria Rachal • July 9, 2025
