Finance


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    Amcor completes acquisition of Berry Global

    The now even-larger consumer and healthcare packaging giant expects to realize $260 million in savings in fiscal year 2026.

    By April 30, 2025
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    w-ings via Getty Images
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    Sonoco scales global metal packaging business, downplays tariff exposure

    The company is progressing on the integration of Eviosys, now known as Sonoco Metal Packaging EMEA. Europe now accounts for nearly 40% of Sonoco’s business, executives noted.

    By April 30, 2025
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    Rachel Pollack/Packaging Dive
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    International Paper sees Q1 sales boost despite economic uncertainty

    Much of the uptick occurred due to IP’s acquisition of DS Smith in January. Meantime, CEO Andy Silvernail reflected on the company’s transformation during his one year at the helm.

    By April 30, 2025
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    temp via Getty Images
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    Packaging manufacturers post Q1 results

    Discussions of tariff impacts are a through-line in earnings calls so far. Catch up on commentary from International Paper, Sonoco, PCA, Ardagh Metal Packaging and Crown Holdings, with more to come.

    By Packaging Dive Staff • Updated 5 hours ago
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    OlenaMykhaylova via Getty Images
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    Crown cautiously optimistic for 2025 growth

    The cans manufacturer raised guidance for 2025 after a stronger than expected first quarter. Speaking on tariffs, Crown Holdings executives also quantified estimates for direct and indirect impacts.

    By April 29, 2025
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    gerenme via Getty Images
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    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
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    niuniu via Getty Images
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    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
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    Retrieved from Packaging Corporation of America on February 27, 2025
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    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
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    SafakOguz via Getty Images
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    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
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    Mikola249 via Getty Images
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    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
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    Courtesy of Sylvamo
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    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
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    Katie Pyzyk/Packaging Dive
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    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
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    Courtesy of Smurfit WestRock
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    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
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    Gumpanat via Getty Images
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    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
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    Kevin Dietsch via Getty Images
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    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
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    Getty Images via Getty Images
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    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
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    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
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    Katie Pyzyk/Packaging Dive
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    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
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    VCG via Getty Images
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    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
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    Gumpanat via Getty Images
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    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
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    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
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    Ratchapon Supprasert via Getty Images
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    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
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    Courtesy of Screenshot: International Paper
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    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
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    Courtesy of Ball Corp.
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    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.
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    Natalie Behring via Getty Images
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    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