Finance
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Class action lawsuit alleges Graphic Packaging misled investors
The lawsuit, which also names former GPI CEO Mike Doss and former CFO Stephen Scherger as defendants, claims shareholders endured harm from investment decisions based on misleading or withheld information.
By Katie Pyzyk • May 11, 2026 -
Canmakers say capacity is tight as they gear up for big summer
Ball, Crown and Ardagh are navigating higher input costs and inflationary pressures as beverage customers prepare promotions related to the World Cup and America250 celebrations.
By Maria Rachal • May 6, 2026 -
Amcor to open Miami headquarters
In other news announced Wednesday, Amcor says it’s maintaining higher inventories to mitigate any disruptions related to conflict in the Middle East, and is ahead of schedule on synergies one year since acquiring Berry Global.
By Maria Rachal • May 6, 2026 -
GPI cut 3% of global workforce after business review
In addition to reducing the workforce by more than 500 people, the company discontinued low-return projects and is divesting a facility in Croatia to cut $60 million in costs, executives said during Tuesday’s earnings call.
By Katie Pyzyk • Updated May 5, 2026 -
Producers launch second wave of containerboard price increases in 2026
Cascades is the latest company to join a price hike wave that Smurfit Westrock initiated.
By Katie Pyzyk • Updated May 8, 2026 -
Smurfit Westrock examines delisting from LSE, closing UK mill
Executives on Thursday’s earnings call took an optimistic tone about the future despite weather and demand contributing to “a challenging quarter.” A newly announced price increase is expected to offset some Q1 cost increases.
By Katie Pyzyk • April 30, 2026 -
How packaging manufacturers started 2026: Q1 results
Amcor, Graphic Packaging, International Paper, Greif and O-I Glass detailed the latest trends and updated outlooks.
By Packaging Dive Staff • Updated May 12, 2026 -
International Paper touts $200M in EMEA cuts ahead of business split
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.
By Katie Pyzyk • April 30, 2026 -
Middle East conflict adds to Greif’s demand challenges
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.
By Katie Pyzyk • April 29, 2026 -
O-I Glass calls Q1 ‘a story of two hemispheres’
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.
By Maria Rachal • April 29, 2026 -
EPR budgeting conversations: Advice from the frontlines
Extended producer responsibility costs are elevating packaging discussions to the C-suite and forcing companies to work out budget strategies. A “conversation companion” tool could help.
By Maria Rachal • April 29, 2026 -
PCA expects strong Q1 demand to continue in 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.
By Katie Pyzyk • April 23, 2026 -
Retrieved from Sonoco on February 13, 2026
Sonoco details cost management strategies as input expenses rise
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.
By Katie Pyzyk • April 22, 2026 -
Containerboard prices rise in April for second consecutive month
Fastmarkets RISI recognized another bump that brings producers closer to achieving the $70 per ton hikes they announced earlier this year.
By Katie Pyzyk • April 21, 2026 -
Graphic Packaging International launches restructuring, layoffs
The company for months has foreshadowed this week’s actions, citing the need to cut costs amid weak market conditions and oversupply. Plus, a March securities filing noted cost increases from unauthorized capital expenditures.
By Katie Pyzyk • Updated May 8, 2026 -
Keefe Harrison stepping down as CEO of The Recycling Partnership
This summer, Harrison will leave the organization she founded 12 years ago. TRP will conduct a search for its next CEO.
By Katie Pyzyk , Megan Quinn • April 15, 2026 -
Making moves: New packaging leaders appointed in 2026
Catch up on the latest changes in corporate leadership, including new CEOs named at Dow, Georgia-Pacific and Aptar.
By Packaging Dive Staff • April 14, 2026 -
Dow names former packaging leader as CEO
COO Karen Carter will assume the top spot this summer. Her more than 30 years of experience at Dow include a stint leading the packaging and specialty plastics business unit.
By Katie Pyzyk • April 14, 2026 -
Clearwater Paper reduces production, employees at Arkansas mill
The curtailment comes amid ongoing demand pressure for SBS due to an industry oversupply. The company expects to return the mill to full production at some point — if SBS markets rebalance or it converts the mill to produce CUK.
By Katie Pyzyk • April 10, 2026 -
CD&R completes acquisition of Sealed Air
The private equity purchase takes Sealed Air private. Analysts are watching closely to see how CD&R rolls the packaging company into its portfolio and whether it sells segments — a possibility that caused shareholder pushback.
By Katie Pyzyk • April 9, 2026 -
Screenshot: Genpak/YouTube
Genpak, Millwood, PCA led packaging layoff announcements in March
Layoff announcements from numerous companies in March spanned Illinois, Maryland, Massachusetts, Utah and Virginia.
By Maria Rachal • April 3, 2026 -
Iran war may dampen packaging M&A in 2026
While deals are still being announced, they’re coming at a slower pace than analysts had expected — in part due to war-related uncertainty. Meanwhile, predictions for smaller deals and heavy private equity activity are playing out.
By Katie Pyzyk • April 2, 2026 -
Tetra Pak launching $22M facility to support food, beverage innovation
The company intends to work with food and beverage customers, as well as co-manufacturers, that own Tetra Pak’s equipment. They’ll collaborate on innovation projects from ideation to product launch.
By Katie Pyzyk • April 1, 2026 -
Georgia-Pacific names new CEO
An existing G-P employee and longtime Koch executive immediately takes over the top role. This comes almost eight months after Georgia-Pacific announced the retirement of its previous CEO.
By Katie Pyzyk • March 26, 2026 -
Packaging stocks among hardest hit by Iran war: Morningstar
Morningstar tracked a packaging stock sell-off over a three-week period. Jefferies also noted this week that packaging manufacturers’ stocks are “significantly underperforming” the S&P 500.
By Katie Pyzyk • March 26, 2026