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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    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 April 16, 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
  • An aerial ivew of an industrial facility's interior shows equipment and fiber packaging on the manufacturing floor.
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    Courtesy of Yazoo Mills
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    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 March 24, 2026
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    Getty Images
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    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 March 23, 2026
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    Getty Images
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    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 March 19, 2026
  • The exterior of an industrial facility with signs showing the logo for packaging company Aptar.
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    Getty Images
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    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 March 18, 2026
  • A ProAmpac conference booth with shelves displaying flexible packaging products.
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    Katie Pyzyk/Packaging Dive
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    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 March 12, 2026
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    Getty Images
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    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 March 9, 2026
  • A ProAmpac/PAC Worldwide sign and packaging at Pack Expo Las Vegas 2025.
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    Maria Rachal/Packaging Dive
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    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 March 6, 2026
  • A person's hands are holding a stack of flat corrugated boxes next to a manufacturing production line.
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    Getty Images
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    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 Updated March 4, 2026
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    Screenshot: Greif/YouTube

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    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 March 2, 2026
  • A production line seals poultry packages with plastic film made from chemically recycled content
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    Courtesy of ExxonMobil
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    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 March 2, 2026
  • A closeup of beverage cans and bottles for recycling
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    Getty Images
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    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 Feb. 27, 2026
  • Outside view of an office building with a sign for Cascades paper.
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    Courtesy of Cascades
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    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 Feb. 26, 2026
  • 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 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 Feb. 26, 2026
  • A wide shot of Sealed Air's exhibiting area on the show floor of Pack Expo International, with people and machinery throughout
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    Maria Rachal/Packaging Dive
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    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 Feb. 25, 2026