How packaging manufacturers started 2026: Q1 results
Read executive commentary from International Paper, Greif, O-I Glass, Packaging Corporation of America and Sonoco.
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International Paper touts $200M in EMEA cuts ahead of business split
By Katie Pyzyk • April 30, 2026
After the company splits, IP will take a 20% stake in the new EMEA business. Meanwhile, IP is accelerating reinvestment in its assets as part of its ongoing optimization plan, including via the acquisition of North Pacific Paper Co. Read the full article ➔
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Middle East conflict adds to Greif’s demand challenges
By Katie Pyzyk • April 29, 2026
The company has multiple locations in the Middle East and faced “direct impacts” from the war with Iran during its fiscal second quarter. Meanwhile, Greif made progress on its $120 million cost-cutting plan. Read the full article ➔
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O-I Glass calls Q1 ‘a story of two hemispheres’
By Maria Rachal • April 29, 2026
Europe, which trails the Americas by several months in implementation of O-I’s restructuring program, was weaker than expected. O-I lowered its earnings outlook for 2026. Read the full article ➔
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PCA expects strong Q1 demand to continue in 2026
By Katie Pyzyk • April 23, 2026
Despite geopolitical and economic headwinds, Packaging Corporation of America experienced an uptick in sales for the first quarter, executives said during Thursday’s earnings call. Read the full article ➔
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Sonoco details cost management strategies as input expenses rise
By Katie Pyzyk • April 22, 2026
Geopolitical and macroeconomic conditions are prompting uncertainty and higher input costs, executives said during Wednesday’s earnings call. Still, Sonoco made progress on achieving goals in its three-year cost-cutting plan. Read the full article ➔
Recommended Reading
- How packaging manufacturers performed in 2025 By Packaging Dive Staff • Updated March 2, 2026
