Manufacturing
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Packaging companies delve into Q2 results
Earnings reports are ramping up. Catch up on insights this week from Packaging Corporation of America, International Paper and Crown Holdings.
By Packaging Dive Staff • July 26, 2024 -
Paper, plastic industries react to major Supreme Court decisions
The American Forest & Paper Association and the Plastics Industry Association shared their thinking after rulings staying EPA’s “Good Neighbor” plan and overturning the longstanding Chevron doctrine.
By Maria Rachal • July 25, 2024 -
Smurfit WestRock and others set to raise fiber prices in August
Upcoming increases on multiple fiber grades, set to take effect in August, are the latest development in an ongoing push-pull between converters and the Fastmarkets RISI index.
By Cole Rosengren • July 18, 2024 -
Q&A
Departing WestRock CEO Sewell reflects on his tenure and company’s future
In an interview, David Sewell discussed fiber pricing trends, infrastructure investment strategies, the importance of innovation and highlights from his time at the helm of WestRock, which comes to an end July 5.
By Katie Pyzyk • July 2, 2024 -
Ardagh, McKinley, Tupperware among large layoff announcers in June
Packaging companies disclosed more than 1,000 layoffs that will take place across the U.S. this summer and fall, according to state filings.
By Maria Rachal • July 1, 2024 -
WestRock breaks ground on highly automated Wisconsin ‘superplant’ for corrugated boxes
The facility, one of WestRock’s largest investments this year, is strategically placed to serve the Midwest. CEO David Sewell told Packaging Dive that this superplant concept helps increase regional efficiencies.
By Katie Pyzyk • June 28, 2024 -
Second round of fiber product price increases appears to be taking hold
As packaging producers continue to announce summer price increases for multiple fiber grades, some analysts hint that the “cardboard box recession” might be coming to an end.
By Katie Pyzyk • June 25, 2024 -
Ardagh Glass closing Houston facility with 220 workers, citing ‘beer market conditions’
Also in July the company will be indefinitely curtailing production at a Seattle site servicing wine customers, impacting another 244 employees. Ardagh detailed ongoing challenges in both the beer and wine markets.
By Katie Pyzyk , Maria Rachal • June 25, 2024 -
Digitally printed, rightsized boxes could change the shape of e-commerce
EFI and Packsize collaborated on a system they say checks the right boxes to boost packaging customization, which can help brands connect with consumers and improve sustainability.
By Katie Pyzyk • June 18, 2024 -
Retrieved from Greif on June 11, 2024
North America’s 2 largest URB producers to raise prices
Greif and Sonoco’s recent announcements about increases for uncoated recycled board are the latest in a string of fiber price hikes this year. They may not be the last.
By Katie Pyzyk • June 12, 2024 -
Billerud’s decision to scrap $1B cartonboard plant could signal further sector pullbacks
While Billerud’s reversal could be positive for competitors like Graphic Packaging, Greif and Westrock, an overall soft boxboard market could result in more delays and cancelations for the sector, industry observers say.
By Katie Pyzyk • June 5, 2024 -
US packaging manufacturers announced more than 600 layoffs in May
Genpak, Georgia-Pacific and Graphic Packaging were among the companies that filed WARN notices. Closures are happening in states including Illinois, Michigan, New York, North Carolina, Ohio and Wisconsin.
By Maria Rachal • June 3, 2024 -
Suzano and International Paper address deal rumors, details still unclear
Executives acknowledged a potential transaction for the first time this week, but made clear that no formal offer is in place. Analysts speculate that Suzano may specifically be interested in IP’s Global Cellulose Fibers business.
By Cole Rosengren • May 23, 2024 -
Q&A
Tetra Pak training center expansion offers ‘golden opportunity’ for employee engagement
Fabio Raffone, a company vice president, describes how virtual and hands-on training sessions help to build the workforce of the future while reducing turnover.
By Katie Pyzyk • May 21, 2024 -
GE Appliances embarks on 5 new packaging sustainability goals
The company aims to eliminate expanded polystyrene and make all packaging recyclable. In 2023, it processed 1 million pounds of plastic scrap to use in manufacturing new products.
By Katie Pyzyk • May 16, 2024 -
Mauser Packaging to exit US aerosol can manufacturing
While the Illinois-based company is considering a potential sale or merger for the business, workers at multiple plants are expected to lose their jobs.
By Maria Rachal • May 15, 2024 -
Upcoming round of linerboard price increases marks fiber companies’ second attempt in 2024
Companies including Cascades, Georgia-Pacific, Pratt Industries and WestRock plan to join International Paper in raising linerboard prices in June, following a lack of recognition for earlier increases, analysts say.
By Katie Pyzyk • May 13, 2024 -
Retrieved from U.S. Chemical Safety Board.
PCA to appeal $91.8M payout verdict for Louisiana plant explosion
Packaging Corporation of America believes its insurance will cover the cost of damages in the latest lawsuit over a deadly 2017 explosion at a pulp mill in DeRidder, Louisiana.
By Katie Pyzyk • May 9, 2024 -
As 40+ mills accept paper cups, advocates turn to boosting residential recycling acceptance
Only 11% of U.S. communities accept paper cups in residential recycling programs. Mills play a “pivotal role” in advancing acceptance, according to the NextGen Consortium and Foodservice Packaging Institute.
By Katie Pyzyk • May 8, 2024 -
Strike at Silgan Containers food can plant is ongoing, USW says
Around 100 workers at an Edison, New Jersey, facility are involved. Some of the biggest areas of contention relate to the contract's cost-sharing for health insurance and overtime provisions, according to United Steelworkers.
By Maria Rachal • May 6, 2024 -
Deep Dive
Second chance hiring can bridge labor gaps, break employment barriers
Although some companies say they initially hire formerly incarcerated individuals to overcome a labor shortage, these programs can lead to less employee churn, lower recidivism and life-changing impact, advocates say.
By Katie Pyzyk • April 30, 2024 -
Fire and ice cool International Paper’s Q1 earnings
January and February incidents resulted in notable charges. CEO Mark Sutton, during his last earnings call before retirement, discussed volume trends but didn’t comment on the announced DS Smith acquisition.
By Katie Pyzyk • April 26, 2024 -
CMI weighs in on Biden’s call for tariff increases
Trade with China is a key issue ahead of the 2024 presidential election. The Can Manufacturers Institute says the Biden administration should take greater action to mitigate impacts from steel and aluminum imported goods.
By Maria Rachal • April 19, 2024 -
Eviction threat looms as film recycler Myplas accrues $1.3M in unpaid bills
Unexpected financial challenges occurred shortly after the company launched its highly anticipated Minnesota polyethylene film recycling operation in December, according to Peter Shippen, Myplas board chair.
By Katie Pyzyk • Updated April 15, 2024 -
Q&A
Is hemp the next revolution for sustainable packaging? Startup element6 Dynamics thinks so.
CEO Kimberly Kovacs details the company’s push to use industrial hemp for making paper and packaging, which she says is a more sustainable option than tree pulp.
By Katie Pyzyk • April 8, 2024