The Latest

  • Puzzle pieces with packaging
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    Photo illustration: Shaun Lucas/Industry Dive; Getty Images

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    Tracking packaging mergers and acquisitions in 2024

    Saica Group is acquiring Schumacher Packaging; Clearwater Paper is selling its tissue business; PSB Industries is acquiring cosmetics packaging manufacturer Quadpack; Suzano is purchasing two Pactiv Evergreen mills.

    Updated July 23, 2024
  • Clear-colored roll-on deodorant on a table
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    sulhanul khoir via Getty Images
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    Silgan plans to spend over $900M on latest dispensing acquisition

    Weener Plastics is Silgan’s latest major purchase in recent years to grow its dispensing and specialty closures division.

  • Close-up view of flat, stacked corrugated boxes.
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    SafakOguz via Getty Images
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    New International Paper CEO details recovery plan after ‘totally unacceptable’ results

    CEO Andrew Silvernail came into the ring punching during his first earnings call since taking the role in May. The team is “tired of getting their butt kicked” due to historic underinvestment in capital expenditures and maintenance, he said.

  • A person works on an assembly line to fill metal food packaging cans
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    Fahroni via Getty Images
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    Crown expects $300M in proceeds from Eviosys deal

    Crown Holdings CEO Tim Donahue detailed how the canmaker intends to spend it.

  • Close up view of corrugated cardboard
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    Photo illustration by Shaun Lucas/Packaging Dive; photograph by Vudhikul Ocharoen via Getty Images
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    Tracker

    Packaging manufacturers set big sustainability goals. How are they doing?

    DS Smith reported ongoing progress toward its greenhouse gas emissions reduction goals and published its inaugural net zero transition plan.

    Updated July 23, 2024
  • U.S. President Joe Biden stands at a podium at the White House with American flags behind him and a blue backdrop that says Historic Climate Action.
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    Win McNamee via Getty Images
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    Biden announces goal to phase out federal procurement of single-use plastics

    The White House released a government-wide strategy and goals a month after the General Services Administration’s final rule encouraging, but not requiring, federal contractors to identify single-use, plastic-free packaging.

  • Rolls of toilet paper proceed along a manufacturing line.
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    Retrieved from Clearwater Paper Corp. on July 22, 2024
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    Clearwater to focus on paperboard after $1B tissue business sale

    The latest transaction for the Washington-based company will remove four U.S. tissue production facilities from its footprint, after recently gaining a bleached paperboard manufacturing plant in Georgia.

  • A truck kicks up dirt as it passes a farm field in a deforested section of the Amazon
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    Mario Tama via Getty Images
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    International Paper, Suzano, Stora Enso join call to reverse biodiversity loss ahead of COP16

    A coalition of more than 130 businesses across industries, including CPGs Unilever and Nestlé, are pressing world leaders to take action on an issue often overlooked by corporate sustainability plans.

  • A hand holds a paper bag with thick handles
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    anyaberkut via Getty Images
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    Novolex, USW celebrate duties against paper bag importers

    The U.S. Department of Commerce's anti-dumping and countervailing duty orders apply to China, India and others. This follows the International Trade Commission’s finding that U.S. producers were being "materially injured."

  • Rear view of a person in a Smurfit WestRock jacket and a Cover Guard hat
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    Courtesy of Smurfit WestRock
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    Smurfit WestRock and others set to raise fiber prices in August

    Upcoming increases on multiple fiber grades, set to take effect in August, are the latest development in an ongoing push-pull between converters and the Fastmarkets RISI index.

  • The exterior of the U.S. Capitol building in Washington, D.C.
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    Jemal Countess via Getty Images
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    Packaging policy issues to watch in the second half of 2024

    After a first half marked by EPR negotiations and some notable federal rules, still to come are next steps on the EU’s PPWR, a fifth meeting toward a global plastics agreement and possibly an update on the Green Guides.

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    Thomas Demarczyk via Getty Images
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    Packaging groups engaged on numerous state EPR bills in 2024. What have they learned?

    Material and CPG trade groups are growing more accustomed to extended producer responsibility legislation in statehouses. Leaders weighed in on lessons to take forward from Minnesota, New York and other states this year.

  • Two reusable coffee cups at a coffee shop
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    Thurtell via Getty Images
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    PR3, DOE collaborate to standardize reuse system data accessed via QR codes

    PR3, a beneficiary of a U.S. Department of Energy prize, envisions an interoperable future in which the data needed to collect, transport and wash containers could integrate in an on-pack QR code.

  • Russian President Vladimir Putin speaking at a podium with a microphone.
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    Omer Messinger via Getty Images
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    Russian government takes over management control at 2 Silgan facilities

    Although operations ceased last year at the two metal packaging facilities, Silgan did not divest the assets. The Russian government says it will now make management decisions on a “temporary” basis.

  • stacks of brown paper cups in a row in a coffeeshop setting
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    dmf87 via Getty Images
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    Pactiv Evergreen to divest facilities in North Carolina, Arkansas in $110M cash deal

    The pending sale to Suzano is the culmination of a lengthy strategic review by Pactiv Evergreen as the company also restructures its beverage and food merchandising businesses and explores footprint optimization.

  • A variety of green-colored, translucent food service items including containers, cups and cutlery.
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    Courtesy of Eco-Products
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    Novolex upped its PCR use, product recyclability in 2023

    The plastic, fiber and bio-based packaging company also touted its increased investments in compostable and reusable solutions in its newly released 2023 sustainability report. 

  • Exterior of the U.S. EPA headquarters with two flags flying
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    Justin Sullivan via Getty Images
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    EPA grants petition to review PFAS in fluorinated plastic containers

    The agency intends to request information on the prevalence of these containers in the U.S., potential alternatives to the fluorination process and risk mitigation measures. This follows a court battle with manufacturer Inhance Technologies.

  • An Amazon employee's hands tear off kraft paper to use as protective filler in an Amazon box.
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    Permission granted by Amazon
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    5 packaging stats from Amazon’s sustainability report

    Amazon fell short on its 2023 device packaging recyclability goal, but it grew the share of products that can ship without added packaging and improved lightweighting.

  • Five multicolored cans of Clearly Canadian sparkling water
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    Courtesy of Clearly Canadian
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    Packaging innovations: Clearly Canadian’s metal multipack makeover, Oman Air’s plastic purge

    Plus, Amcor Capsules and Moët & Chandon get foiled, Georgia-Pacific wraps its toilet paper in paper and Contempo Specialty Packaging introduces compostable and reusable cannabis packaging.

  • U.S. Plastics Pact CEO Jonathan Quinn
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    Permission granted by U.S. Plastics Pact
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    US Plastics Pact hires new CEO with flexible packaging expertise

    On the heels of the organization pushing goals from 2025 to 2030, CEO Jonathan Quinn discusses opportunities to tackle challenges with creating a “plastics circular economy.”

  • A Smurfit WestRock banner hangs in front of the New York Stock Exchange
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    Courtesy of Smurfit WestRock
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    Deep Dive

    2024 packaging M&A trends: Megadeals are in, destocking hangover is out

    Despite several high-profile megadeals between large packaging companies in recent months, small companies make up more volume than meets the eye, according to analysts. And international transactions are gaining prominence. 

  • A hand holds up a reusable cup being filled by a soda fountain. The purple cup says "Sip, Return, Repeat."
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    Permission granted by Closed Loop Partners
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    Starbucks, KFC, Peet’s Coffee collaborate on citywide reusable cups project

    Closed Loop Partners describes the Petaluma, California, project as a first-of-its-kind initiative for a U.S. city in which reusable to-go cups are the default option across multiple restaurants.

  • Plastic Grillo's Pickles tubs in a grocery store display case
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    Cole Rosengren/Packaging Dive
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    Social media-driven redesigns: Lessons from a packaging pickle

    Platforms such as Instagram and TikTok have created space for packaging to go viral for not-so-good reasons. But they also give brands such as Grillo’s Pickles a potentially powerful new tool for garnering consumer feedback.

    CPG
  • People looking at Lenovo ThinkBook products on display at a trade show.
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    Sean Gallup via Getty Images
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    Lenovo banks on bamboo to bump plastic packaging

    In addition to expanding its use of bamboo fiber material in 2023, electronics company Lenovo also increased its use of ocean-bound plastics in product packaging.

  • A group of people stand on a balcony to ring the opening bell at the New York Stock Exchange, with the Smurfit WestRock logo in the background.
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    Retrieved from New York Stock Exchange on July 08, 2024
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    Smurfit WestRock transaction

    Smurfit Kappa completes acquisition of WestRock

    “Smurfit WestRock is going to conquer the world of sustainable, paper-based packaging,” said CEO Tony Smurfit before ringing the NYSE’s opening bell.

    Updated July 8, 2024