Finance
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Corrugated comeback? Fiber’s yearslong slide could be easing
Analysts believe corrugated markets are at an inflection point, in part due to this year’s uncommonly large containerboard capacity reductions and a milder-than-feared tariff environment. But recovery is not expected to be dramatic.
By Katie Pyzyk • Sept. 16, 2025 -
Screenshot: Jefferies
International Paper CEO describes wins, challenges with transformation plan
CEO Andy Silvernail dug into the company’s ongoing optimization and how recent changes in Georgia play a role in long-term return on investments, during a Sept. 4 session at the Jefferies Industrials Conference.
By Katie Pyzyk • Sept. 10, 2025 -
Georgia-Pacific to acquire Anchor Packaging
The companies focus on different substrates and indicate their combination is complementary, especially to serve the food and beverage sectors.
By Katie Pyzyk • Sept. 9, 2025 -
Sonoco to sell ThermoSafe for up to $725M
The final selling price to a private equity firm hinges on business performance in 2025. The long-awaited divestiture of the temperature-assured packaging business will help Sonoco offset the cost of its Eviosys acquisition.
By Katie Pyzyk • Sept. 8, 2025 -
Screenshot: Jefferies
Graphic Packaging International embracing paper cup opportunities, CEO says
At an event this week, CEO Mike Doss described how Graphic Packaging International’s play to be the king of cups is paying off amid customers’ economic challenges.
By Katie Pyzyk • Sept. 5, 2025 -
IP, Novolex, Smurfit Westrock among companies with August layoff announcements
At least seven companies announced temporary and permanent layoffs that are slated to affect employees in multiple states, most prominently in Georgia and California.
By Katie Pyzyk • Sept. 4, 2025 -
PCA completes $1.8B acquisition of Greif’s containerboard business
The divestiture “marks an important step forward for Greif,” CEO Ole Rosgaard said Tuesday, noting the deal’s contribution to debt reduction. The company adjusted its full-year guidance upon announcing the deal closed.
By Katie Pyzyk • Sept. 2, 2025 -
Retrieved from Greif on June 11, 2024
Greif cites progress of business reorganization, cost cutting
Executives on the fiscal Q3 earnings call Thursday also shared updated timing on two major divestiture closings, with one coming slightly ahead of projections and the other slightly later.
By Katie Pyzyk • Aug. 28, 2025 -
Ball reduces stake in Saudi Arabia cans venture to 10%
The Colorado-based aluminum products manufacturer sold most of its ownership interest to a subsidiary of a Beijing-based packaging solutions provider for approximately $70 million.
By Maria Rachal • Aug. 28, 2025 -
Q&A
Ranpak lands second major e-commerce deal of 2025
A deal with Walmart comes after one with Amazon. CEO Omar Asali discusses the importance of these enterprise customers, riding the AI wave for automation and navigating economic uncertainty ahead of the busy holiday season.
By Katie Pyzyk • Aug. 26, 2025 -
Trump’s tax law could boost cash flow for manufacturers with deductions and more
The recently signed tax law allows bonus depreciation for qualifying equipment, offers R&D deductions, locks in the corporate tax rate and more. But tariffs and tax code interpretations could still complicate companies’ financial plans.
By Michelle No • Aug. 26, 2025 -
Canada to scale back retaliatory tariffs for US imports on Sept. 1
The country will lift levies on goods compliant with the United States-Mexico-Canada Agreement while maintaining sector-specific duties on steel, aluminum and cars.
By Philip Neuffer • Aug. 22, 2025 -
International Paper to close 4 facilities, affecting 1,100 employees
The latest closures bring the number of impacted IP workers to 3,600 since October 2024. The actions add to North American containerboard production capacity cuts, which now total 9.5% in 2025, according to an analyst.
By Katie Pyzyk • Aug. 21, 2025 -
International Paper selling global cellulose fibers unit for $1.5B
Private equity firm American Industrial Partners is the buyer in the long-anticipated sale. CEO Andy Silvernail has been pushing to make International Paper a more streamlined, pure-play packaging solutions company.
By Maria Rachal • Aug. 21, 2025 -
Containerboard price-fixing lawsuit advances
The complaint against eight of the largest U.S. containerboard producers is “definitely not frivolous” and shows a “pretty solid basis for bringing the action,” said one attorney with antitrust defense expertise.
By Katie Pyzyk • Aug. 20, 2025 -
Novolex closing Pactiv Evergreen plant in California, affecting 127 employees
This follows a Pactiv Evergreen facility closure in Michigan earlier this year that resulted in 153 layoffs.
By Maria Rachal • Aug. 20, 2025 -
4 fiber companies’ earnings flag ‘challenging’ industry conditions
Weak demand, trade conditions, divestitures and swing production dominated earnings reports from Clearwater Paper, Sappi, Stora Enso and Sylvamo.
By Katie Pyzyk • Aug. 15, 2025 -
Amcor considers divesting North American beverage business
The company is redefining its “core portfolio” after acquiring Berry Global. Since finalizing that deal, Amcor has cut 200 roles and worked to close five sites. It’s also hit some unexpected snags in North America.
By Maria Rachal • Aug. 14, 2025 -
Retrieved from Screenshot: Sappi/YouTube on August 14, 2025
Hood Container, Sappi, Uline invest in expansions
Cosmo Films, Eco King, Flair Packaging, Schütz Container Systems, TricorBraun and Trioworld Group are among the other packaging companies expanding their production capacities or geographical footprints.
By Katie Pyzyk • Aug. 14, 2025 -
Cascades details Virginia production ramp-up, New York wind-down
The Canadian fiber specialist said it accelerated the closure of corrugated medium manufacturing operations in Niagara Falls in light of notable tonnage increases at Bear Island that persisted through July.
By Maria Rachal • Aug. 7, 2025 -
Ball optimistic after growth in nonalcoholic beverages
Meanwhile, the can manufacturer has been doing some “repositioning” of its beer-heavy portfolio, as that category has been relatively soft across geographies. The company called tariff impacts “manageable.”
By Maria Rachal • Aug. 6, 2025 -
Greif inks deal to sell timberlands for $462M
The sale to Molpus Woodlands Group is expected to close by the end of September. The divestiture aligns with Greif’s ongoing optimization and cost-reduction efforts.
By Katie Pyzyk • Aug. 6, 2025 -
Sealed Air details protective packaging turnaround progress, introduces new CFO
The second quarter of 2025 brought the most stable year-over-year volume results for protective packaging since 2021, said CEO Dustin Semach on Tuesday’s earnings call.
By Katie Pyzyk • Aug. 5, 2025 -
EU delays countermeasures to US tariffs by 6 months
The bloc has now paused countermeasure implementation three times. The measures currently put on hold include additional duties for aluminum and steel products.
By Philip Neuffer • Aug. 5, 2025 -
Cascades, IP, O-I Glass announced layoffs in July
Employees in California, New York and Oregon are affected by the closures at paper and glass facilities, according to state WARN filings.
By Katie Pyzyk • Aug. 4, 2025