The Latest
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Tracking packaging mergers and acquisitions in 2025
KKR invested in a South Korean cosmetics packaging company, Veritiv acquired a packaging distribution business, ProAmpac expanded in the Pacific Northwest and Foam Packaging Specialties bought a fellow Arizona business.
Updated 5 hours ago -
PCA completes $1.8B acquisition of Greif’s containerboard business
The divestiture “marks an important step forward for Greif,” CEO Ole Rosgaard said Tuesday, noting the deal’s contribution to debt reduction. The company adjusted its full-year guidance upon announcing the deal closed.
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PepsiCo issues first progress report on revamped packaging targets
The company surpassed the annual virgin plastic reduction goal it set in May, while inching toward a reworked long-term recycled content target.
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Retrieved from Greif on June 11, 2024
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.
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Maria Rachal/Packaging Dive, data from Trellis
‘The EPR era’ brings new opportunities for packaging sustainability
Sustainability leaders from Amcor, Stonyfield and MegaFood shared some of their experiences and outlooks for redesigns during a virtual event Tuesday.
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Circular Action Alliance taps new California executive director
The role was vacated earlier this year by former CalRecycle director Rachel Wagoner. The new appointment comes as SB 54 rules are still being hashed out and CAA wants producers to report supply data by Nov. 15.
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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.
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Retrieved from U.S. Chemical Safety Board.
PCA launches carbon capture and storage study following ‘promising’ trial
A pilot that Packaging Corporation of America began last year ended this summer. Now, the company works toward building a full-scale facility by 2028 and expanding the technology to other sites.
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Q&A
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.
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Wholesalers shed more light on Oregon packaging EPR legal challenge
Oregon agencies received an extension to respond to the lawsuit until mid-September, per an update Friday. In the meantime, wholesalers are analyzing potential legal issues with EPR laws in other states.
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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.
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Tracker
Packaging manufacturers set big sustainability goals. How are they doing?
Crown Holdings announced that the Science Based Targets initiative validated its updated near-term and new net-zero targets.
Updated Sept. 2, 2025 -
EPR for packaging laws: Dates to know
CalRecycle has opened another public comment period as it advances rulemaking for SB 54. Oregon DEQ also calculated the 25 largest producers, which will be required to submit life cycle impact evaluations next year.
Updated Aug. 25, 2025 -
Paper and Packaging Board shutdown reflects corporate, market changes
President Mary Anne Hansan shared more about the phaseout of the industry marketing initiative, highlighting evolutions in executive leadership and the economic, policy and sustainability landscapes since 2014.
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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.
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Retrieved from Ferrara on August 22, 2025
Packaging innovations: Laffy Taffy’s new wrappers are no laughing matter
Plus, AeroFlexx floats a new packaging format for a Boogie bath product, and Graphic Packaging International works with Radienz Living on a laundry pod container.
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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.
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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.
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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.
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Lawmakers, recyclers call for SB 54 regulations that reflect intent of EPR law
CalRecycle is expected to open the 45-day public comment period on SB 54 rulemaking soon. Circular Action Alliance is asking producers to register by Sept. 5.
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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.
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Blue Polymers takes over food-grade rPET pellet production in California
“Whereas we sell flake to folks that create pellets, now we can sell pellets to folks that create packaging,” said Pete Keller, vice president of recycling and sustainability at Republic Services, a partner in the Blue Polymers venture.
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Recycling and waste groups ‘disappointed’ by lack of plastics treaty
Plastics groups will push recycling over environmentalists’ calls for plastic production caps. Recycling groups will monitor the next round of talks for clues on infrastructure and end market impacts.
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Driven by EPR, brands to offer film and flexibles funding to California recyclers
General Mills, Mars, PepsiCo and other brands are investing in film and flexible packaging recycling in the state as California implements stricter recycling regulations for the materials under SB 54.
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PepsiCo, Bold Reuse partner on NFL stadium cups
The collaboration follows PepsiCo doing away with a formal reuse target earlier this year. It’s also Bold Reuse’s first implementation in California.