Finance


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    Rost-9D via Getty Images
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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 Sept. 16, 2025
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    Screenshot: Jefferies

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    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 Sept. 10, 2025
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    Permission granted by Georgia-Pacific
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    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 Sept. 9, 2025
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    Permission granted by ThermoSafe
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    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 Sept. 8, 2025
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    Screenshot: Jefferies

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    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 Sept. 5, 2025
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    Katie Pyzyk/Packaging Dive
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    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 Sept. 4, 2025
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    agnormark via Getty Images
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    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 Sept. 2, 2025
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    Retrieved from Greif on June 11, 2024
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    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 Aug. 28, 2025
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    LordRunar via Getty Images
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    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 Aug. 28, 2025
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    Permission granted by Ranpak
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    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 Aug. 26, 2025
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    Chip Somodevilla via Getty Images
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    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
  • Canadian Prime Minister Mark Carney (center) and U.S. President Donald Trump (right) walk together during the G7 Leaders' Summit on June 16, 2025, in Kananaskis, Alberta. Italian Prime Minister Giorgia Meloni walks behind Carney and Trump.
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    Chip Somodevilla via Getty Images
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    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
  • Close-up view of a printed seal on a brown cardboard box. The black circular stamp includes product details and is from "INTERNATIONAL PAPER" located in "BINGHAMTON, NY." Additional printed text is visible on the right-hand side in large black font.
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    Alamy
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    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 Aug. 21, 2025
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    muchemistry via Getty Images
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    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 Aug. 21, 2025
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    Adisak Mitrprayoon via Getty Images
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    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 Aug. 20, 2025
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    Courtesy of Pactiv Evergreen
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    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 Aug. 20, 2025
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    Foto-Video-Studio via Getty Images
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    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 Aug. 15, 2025
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    Permission granted by Amcor
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    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 Aug. 14, 2025
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    Retrieved from Screenshot: Sappi/YouTube on August 14, 2025
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    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 Aug. 14, 2025
  • Outside view of an office building with a sign for Cascades paper.
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    Courtesy of Cascades
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    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 Aug. 7, 2025
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    Courtesy of Ball Corp.
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    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 Aug. 6, 2025
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    Stockyme via Getty Images
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    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 Aug. 6, 2025
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    Katie Pyzyk/Packaging Dive
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    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 Aug. 5, 2025
  • European Union President Ursula von der Leyen speaks with U.S. President Donald Trump on July 27, 2025, in Turnberry, Scotland.
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    Andrew Harnik via Getty Images
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    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
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    Permission granted by Cascades
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    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 Aug. 4, 2025