Finance
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Courtesy of Smurfit WestRock
Smurfit Westrock to close corrugated plant in Oregon
Layoffs at the Portland facility will come in waves, with 72 employees affected in the first round. This closure is part of the packaging company's ongoing footprint optimization plan.
By Katie Pyzyk • April 11, 2025 -
Gumpanat via Getty Images
Packaging M&A highlights from Q1
Packaging Dive followed dozens of deals in the first quarter. Industry observers noted activity in the labels space.
By Maria Rachal • April 10, 2025 -
Kevin Dietsch via Getty Images
Trump pauses most reciprocal tariffs, hikes China’s further
The U.S. will now charge a 125% duty on imports from China, while most other countries will be subject to a 10% rate for 90 days.
By Philip Neuffer • Updated April 10, 2025 -
Getty Images via Getty Images
China raises tariffs on US to 84%, matching Trump’s increase
The retaliatory duties, taking effect Thursday, were originally set at 34% before the White House further raised its own rates.
By Max Garland • April 9, 2025 -
Permission granted by JBM Packaging
JBM Packaging brings training program to Ohio prison
Moving the machine adjuster training program to the London Correctional Institution in Ohio allowed the company to increase participants’ pay. JBM aims to start real-world envelope production at the site soon.
By Katie Pyzyk • April 8, 2025 -
Katie Pyzyk/Packaging Dive
Mauser, Orbis, Pretium among March packaging company layoffs
Graphic Packaging International and RTS Packaging also are among the companies that announced facility closures in March.
By Katie Pyzyk • April 4, 2025 -
VCG via Getty Images
China readies 34% tariff on US imports starting April 10
The country's retaliation against President Donald Trump's trade policies builds upon previously announced duties.
By Max Garland • April 4, 2025 -
Gumpanat via Getty Images
Aluminum cans, beer imports subject to 25% tariffs
The duties are separate from President Trump’s baseline tariffs. The Aluminum Association supports the move, while the Consumer Brands Association joined others in asking the administration to “fine-tune their approach.”
By Katie Pyzyk • Updated April 4, 2025 -
Permission granted by Novolex
Novolex completes $6.7B acquisition of Pactiv Evergreen
Pactiv Evergreen has transitioned from a publicly traded to privately held company as it is absorbed under Novolex. The combined company becomes one of largest food packaging producers.
By Katie Pyzyk • April 1, 2025 -
Ratchapon Supprasert via Getty Images
Verallia, Saverglass part of anticompetition investigation in France
The country’s Competition Authority carried out unannounced visits on Thursday and Friday as part of its probe into companies’ practices for manufacturing and marketing glass packaging.
By Katie Pyzyk • March 31, 2025 -
Courtesy of Screenshot: International Paper
International Paper outlines 2027 vision, DS Smith integration plans
“We think we can transform this company,” said CEO Andy Silvernail during an investor day. IP previewed more cost-cutting ahead, plus an estimated $1.9 billion in capital expenditures per year through 2027.
By Katie Pyzyk • March 26, 2025 -
Courtesy of Ball Corp.
Ball sells majority stake in aluminum cups business, forming joint venture
Ball believes the joint venture, Oasis Venture Holdings, will grow its underperforming metal cups business, and it anticipates a $25 million year-over-year improvement following the asset sale.
By Katie Pyzyk • March 24, 2025 -
Natalie Behring via Getty Images
Days away from Oregon EPR reporting deadline, cue the ‘compliance anxiety’
In a U.S. first, producers of packaging, paper and food service ware have until the end of the month to report 2024 supply data through Circular Action Alliance’s portal. Oregon plans to start the program in July.
By Maria Rachal • Updated March 21, 2025 -
Retrieved from Sonoco on March 21, 2025
URB producers to increase prices as tariffs affect fiber demand
Greif, Sonoco, Cascades and Ox Industries are leading the price increases for uncoated recycled paperboard. Meanwhile, analysts flag that tariff uncertainty has prompted fiber demand shifts.
By Katie Pyzyk • March 21, 2025 -
Screenshot: New York Stock Exchange/YouTube
O-I seeks to compete better with cans in North America
As part of an investor day, the glass company shared updates on an ongoing business strategy, including financial targets, cost-cutting efforts, portfolio transformation and growth opportunities.
By Maria Rachal • March 18, 2025 -
alvarez via Getty Images
Which packaging companies have shuffled their C-suites in 2025?
In the first few months of the year, Huhtamaki, Sealed Air, Sonoco, Packaging Corporation of America and International Paper have already announced some notable leadership shifts.
By Packaging Dive Staff • March 10, 2025 -
Watcharin panyawutso via Getty Images
China’s import policies changed fiber trade. Tariffs could change it again.
RaboResearch explored how pulp and paper are “caught in the cross fire of a new North American trade war” as well as trade trends with folding cartonboard and recovered paper.
By Katie Pyzyk • March 5, 2025 -
Andrew Harnik/Getty Images via Getty Images
Paper, metal, plastics sectors raise alarm over North America tariffs
The Plastics Industry Association said in a statement it was “deeply concerned” about the levies, citing $74.2 billion in exports and $73.3 billion in imports for plastics in 2023.
By Maria Rachal • Updated March 5, 2025 -
Courtesy of Pregis/Business Wire
Poly-Pak, Smurfit Westrock, TC Transcontinental add to 2025 packaging closures, layoffs
Ardagh Glass, Clearwater Paper, International Paper and Pactiv Evergreen also in February each detailed efforts to cut hundreds of employees.
By Katie Pyzyk • March 4, 2025 -
Courtesy of International Paper/Cision
International Paper’s CFO to move into ‘newly created role’ at DS Smith
Longtime IP employee Tim Nicholls is shifting to the newly acquired entity. IP's new CFO comes from outside the company.
By Katie Pyzyk • Feb. 28, 2025 -
LordRunar via Getty Images
Ardagh Metal Packaging forecasts volume growth in 2025
The company highlighted positive trends with alcohol innovation and energy drinks. CEO Oliver Graham said he doesn’t expect tariffs to meaningfully impact the retail price of a can.
By Maria Rachal • Feb. 28, 2025 -
Stockyme via Getty Images
Greif to sell timberland subsidiary Soterra
Executives on Thursday’s earnings call also detailed the financial impacts of two recently announced closures, as well as the expected effects of tariffs.
By Katie Pyzyk • Updated March 19, 2025 -
Retrieved from Packaging Corporation of America on February 27, 2025
Packaging Corporation of America shakes up leadership
The company will elevate multiple longtime employees to fill positions, including for the CFO and president roles.
By Katie Pyzyk • Feb. 27, 2025 -
Permission granted by Amcor
Amcor, Berry shareholders approve $8.4B combination
Amcor announced in November that it would acquire Berry, which was in M&A talks with multiple other parties earlier in 2024, according to a regulatory filing.
By Maria Rachal • Feb. 26, 2025 -
Permission granted by Sealed Air
Sealed Air ‘becoming more substrate-agnostic,’ upping fiber mailers
Sealed Air’s new CEO wants to be more competitive in e-commerce. The company is also working to mitigate the impact of tariffs and close two plants by year’s end.
By Maria Rachal • Feb. 25, 2025
