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

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

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

International Paper sets sights on mill improvements

The company still aims to divest its global cellulose fiber business by year’s end, but “the markets have been tough,” said CEO Andy Silvernail on Thursday’s earnings call.

By Katie Pyzyk • Aug. 1, 2025

Greif to close California facility, cut 43 jobs

Closing the steel drum and polymer container manufacturing facility aligns with the company’s plan to cut $100 million in costs by fiscal year 2027.

By Katie Pyzyk • Aug. 1, 2025

Cardboard cartel? Lawsuit accuses containerboard manufacturers of price fixing

A class-action lawsuit led by a food customer follows a period of industry consolidation and multiple producer price hikes. It’s not the first time major producers have been sued over claims of anticompetitive actions.

By Katie Pyzyk • July 31, 2025

Georgia-Pacific announces CEO change

Christian Fischer, who has served as president and CEO since 2017, will retire from the company, ending a tenure dating back to 1989. The company aims to name a long-term replacement in 2026.

By Maria Rachal • July 31, 2025

O-I continues to cut costs, ends MAGMA production technology

The glass containers company is continuing with curtailments and closures, while also implementing more efficient operating systems at some facilities. Despite a dip in Q2, the company expects relatively stable volumes in 2025.

By Maria Rachal • July 30, 2025

Smurfit Westrock touts ‘significant improvements’ to operations at 1-year mark

The company will continue efforts to optimize its corrugated box system, including through adjusting its footprint and cutting “loss-making” customer contracts, executives said on a Wednesday earnings call.

By Katie Pyzyk • July 30, 2025

Graphic Packaging’s costs climb as Waco mill nears finish line

Design and labor costs at a Texas project prompted Graphic Packaging International to restate its expected capital expenditures and free cash flow. CEO Mike Doss also noted a “highly unusual” decline in consumer spending.

By Katie Pyzyk • July 29, 2025