Finance


  • A commercial building's exterior features Graphic Packaging International's name and logo.
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    Permission granted by Graphic Packaging International
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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 May 11, 2026
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    Thai Phi Le/Packaging Dive
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    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 May 6, 2026
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    Courtesy of Amcor
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    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 May 6, 2026
  • A box of butter with Graphic Packaging International branding on the outside.
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    Permission granted by Graphic Packaging International
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    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 Updated May 5, 2026
  • Stacks of flattened corrugated boxes at an industrial facility.
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    Katie Pyzyk/Packaging Dive
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    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 Updated May 8, 2026
  • The exterior of an industrial facility with a sign next to a driveway that has Smurfit Westrock's logo.
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    Katie Pyzyk/Packaging Dive
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    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 April 30, 2026
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    Getty Images
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    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's new logo.
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    Courtesy of International Paper/Cision
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    ​​​​​​​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 April 30, 2026
  • An industrial facility exterior with a sign that says Greif.
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    Getty Images
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    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 April 29, 2026
  • Quality inspection at an Owens-Illinois glass manufacturing facility
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    Courtesy of O-I
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    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 April 29, 2026
  • GreenBlue Executive Director Paul Nowak and SPC Director Olga Kachook sit on stage at SPC Impact with a presentation in the background
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    Permission granted by GreenBlue
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    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 April 29, 2026
  • A sign outside a building says Packaging Corporation of America.
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    Getty Images
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    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 April 23, 2026
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    Retrieved from Sonoco on February 13, 2026
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    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 April 22, 2026
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    Getty Images
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    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 April 21, 2026
  • A commercial building's exterior features Graphic Packaging International's name and logo.
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    Permission granted by Graphic Packaging International
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    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 Updated May 8, 2026
  • Recycling Partnership CEO Keefe Harrison stands behind a podium on a small stage in front of a crowd of seated people
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    Cole Rosengren/Packaging Dive
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    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 , Megan Quinn • April 15, 2026
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    Getty Images
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    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
  • A corporate building with glass windows and a red and white Dow logo sign on top right corner.
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    Courtesy of Dow Inc.
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    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 April 14, 2026
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    Screenshot: Google Maps

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    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 April 10, 2026
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    Getty Images
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    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 April 9, 2026
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    Screenshot: Genpak/YouTube

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    Genpak, Millwood, PCA led packaging layoff announcements in March

    Layoff announcements from numerous companies in March spanned Illinois, Maryland, Massachusetts, Utah and Virginia.

    By April 3, 2026
  • A person's head is seen in front of a computer showing a variety of line graphs with stock symbols.
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    Michael M. Santiago via Getty Images
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    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 April 2, 2026
  • Eight people, some with hard hats and shovels, stand outside on a dirt site in front of a blue sign that says "coming soon."
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    Courtesy of Tetra Pak
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    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 April 1, 2026
  • Georgia-Pacific's logo is on top of a skyscraper.
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    Getty Images
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    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 March 26, 2026
  • A variety of paper, plastic, glass and metal packaging on green artificial turf.
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    Getty Images
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    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 March 26, 2026