Finance
-
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 Katie Pyzyk • April 29, 2026 -
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 Maria Rachal • April 29, 2026 -
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 Maria Rachal • April 29, 2026 -
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 Katie Pyzyk • April 23, 2026 -
Retrieved from Sonoco on February 13, 2026
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 Katie Pyzyk • April 22, 2026 -
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 Katie Pyzyk • April 21, 2026 -
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