Finance
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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 Katie Pyzyk • April 16, 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 -
13 North American packaging manufacturers announce expansions
Cascades, ePac, International Paper, Lindenmeyr Monroe and Rand-Whitney were among the packaging companies that announced expansions.
By Katie Pyzyk • March 24, 2026 -
Spring surprise? Containerboard prices reverse course in March.
For the second consecutive month, some observers reported surprise at a containerboard pricing index’s movement. The March increase reinforces expectations that producers will target another price hike this year.
By Katie Pyzyk • March 23, 2026 -
Deep Dive
The Iran war is hitting packaging supply chains. Are the impacts temporary?
Higher fuel and material costs, shipping disruptions and consumer spending are playing into industry impacts. Certain packaging substrates, such as plastics, bear a greater burden than others.
By Katie Pyzyk • March 19, 2026 -
Aptar announces CEO transition
A fellow 30-year veteran of the company, who leads the company’s fast-growing pharma business, will take over when Stephan Tanda retires later this year.
By Katie Pyzyk • March 18, 2026 -
As performance and growth avenues lag, companies pursue M&A
Packaging companies are turning to multiple small-to-medium deals to achieve growth, according to a report from McKinsey & Co. More than 80% of executives surveyed expect M&A activity to increase in the coming years.
By Katie Pyzyk • March 12, 2026 -
O-I Glass flags harsher-than-expected Q1
The company disclosed challenges in Europe that are straining beginning-of-year performance. Looking ahead, glass innovations need to be better poised to capitalize on newer beverage trends, CFO John Haudrich said recently.
By Maria Rachal • March 9, 2026 -
ProAmpac completes TC Transcontinental flexible packaging acquisition
The transaction, backed by Pritzker Private Capital, brings together two of North America’s largest flexible packaging companies.
By Katie Pyzyk • March 6, 2026 -
February closure announcements hit hundreds of North American packaging workers
Packaging manufacturers including Ardagh, Cascades, International Paper and Smurfit Westrock announced a variety of facility and production line closures scheduled to take place in the coming months.
By Katie Pyzyk • Updated March 4, 2026 -
Screenshot: Greif/YouTube
PCA CEO says $5.2B worth of investments will pay off in 2026
Packaging Corporation of America CEO Mark Kowlzan detailed the impact of investments over the last decade, where energy projects are set to occur, and his optimism for nearshoring, during a BofA Securities event.
By Katie Pyzyk • March 2, 2026 -
Sealed Air reduced debt in 2025 ahead of acquisition
Sealed Air released Q4 and full-year 2025 earnings results on the heels of shareholders approving the company’s acquisition by private equity firm CD&R.
By Katie Pyzyk • March 2, 2026 -
Ardagh saw boost for cans, decline for glass in 2025
Energy drink demand bolstered beverage can shipments in North America, while cuts to glass production hit results on that side of the business. It’s Ardagh’s first earnings report since a recapitalization agreement in November.
By Maria Rachal • Feb. 27, 2026 -
Cascades targeting $100M in additional divestitures for 2026
The company achieved ahead of schedule its goal of $120 million in proceeds from asset sales and now targets more. Meantime, Cascades continues to navigate tariffs, which is “an ever-moving” situation, said CEO Hugues Simon.
By Katie Pyzyk • Feb. 26, 2026 -
International Paper CEO pulls back the curtain on planned geographic split
The company wants to “liberate” the North America and EMEA businesses, CEO Andy Silvernail explained at an event Thursday. IP “overestimated” customers’ desire to strike deals on a global basis, he said.
By Maria Rachal • Feb. 26, 2026 -
CD&R’s acquisition of Sealed Air clears hurdles
Shareholders on Wednesday approved private equity firm CD&R’s proposed purchase of the packaging company, days after the European Commission gave the thumbs up to proceed.
By Katie Pyzyk • Feb. 25, 2026