Supply Chain: Page 5
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Pack Expo 2023
Post-pandemic renormalization, innovation and sustainability dominate Pack Expo discussions
Speakers from PMMI, the Flexible Packaging Association and the Association for Contract Packagers and Manufacturers weighed in on factors influencing different parts of the packaging industry.
By Katie Pyzyk • Sept. 19, 2023 -
Packaging companies prioritize sustainability, M&A during ‘turbulent’ year
While paper and packaging companies previously considered sustainability an expense, many now leverage it as a cost reduction and revenue growth strategy, according to analysis by Bain & Co.
By Katie Pyzyk • Sept. 18, 2023 -
RFID on packaging gains traction amid food safety and waste concerns
A tracking system traditionally used for nonperishable items could become more common on certain types of packaging ahead of future traceability requirements from the U.S. Food and Drug Administration.
By Leslie Nemo • Sept. 12, 2023 -
Berry, Menasha Packaging, Solo Cup plan Illinois layoffs
Companies cited business slowdowns, restructuring and site transformation as reasons for cuts that will impact hundreds of jobs.
By Maria Rachal • Updated Sept. 28, 2023 -
Ecospirits reusable beverage service system to set sail on Carnival cruises
Ecospirits, which is backed by Closed Loop Partners, is working with Bacardi and Carnival to see how its closed-loop solution can cut back single-use packaging, namely glass bottles, on ships.
By Maria Rachal • Aug. 30, 2023 -
Can makers await possible fallout from Commerce tin imports tariff decision
The Can Manufacturers Institute warns that proposed tariffs could cause canned food prices to spike up to 30% while putting 40,000 jobs at risk. The Department of Commerce released its preliminary decision this week.
By Katie Pyzyk • Aug. 18, 2023 -
Deep Dive
Packaging evolves in response to ‘unboxing’ videos flooding social media
Brands are requesting customized boxes to touch consumers’ emotions and build loyalty. Filler material, in-box printing and sustainability contribute to memorable unboxing moments, too.
By Katie Pyzyk • Aug. 16, 2023 -
Inventory outlook: What packaging suppliers predict for rest of 2023
Customers’ inventory management dominated numerous recent earnings call discussions, with footprint optimization being another prominent theme among some packaging manufacturers.
By Maria Rachal • Aug. 14, 2023 -
Collaboration across value chains key to increasing food service packaging recycling, experts say
A Foodservice Packaging Institute event prompted discussion of how to recover more paper cups and PET thermoforms and what data shows about how much food service packaging contaminates recycling streams.
By Katie Pyzyk • Aug. 8, 2023 -
O-I Glass looks ahead to 2024 expansions amid ‘choppy’ destocking
Q2 results exceeded expectations, executives said, despite lower consumer demand and destocking trends dampening sales volumes.
By Maria Rachal • Aug. 3, 2023 -
Sonoco’s net sales fell 11% in Q2 amid ‘turbulent’ market conditions
The company pointed to “accelerated inventory reduction programs” at top customers in food and aerosols, which resulted in lower-than-expected demand. At the same time, it saw “record results” in flexible packaging.
By Maria Rachal • Aug. 2, 2023 -
Graphic Packaging to enter fiber mailer space via acquisition
The foray into the e-commerce mailers comes as more customers request flexible fiber packaging solutions as they transition away from plastic.
By Katie Pyzyk • Aug. 2, 2023 -
Paper, plastic packaging manufacturers announced layoffs in July
While shutting down facilities in California, Missouri, South Carolina and elsewhere, multiple companies cited ongoing footprint optimization processes.
By Maria Rachal • Aug. 1, 2023 -
Kraft Heinz looks to transform plastic packaging portfolio
The food and beverage giant is now trying to cut virgin plastic use 20% by 2030. U.S. consumers can expect to buy certain mayo products in packaging made entirely from recycled content starting next year.
By Maria Rachal • July 31, 2023 -
Packaging industry trends that shaped Q2 earnings
Amcor, Berry, Ball, WestRock, O-I, Sonoco, Graphic Packaging, Ardagh, International Paper, Silgan, Crown and Packaging Corp. of America shared insights into the status of destocking, consumer demand and other trends.
By Packaging Dive Staff • Updated Aug. 17, 2023 -
Beer controversy exacerbates 16% drag in Ardagh’s North American glass shipments
Amid a sharp dropoff in U.S. beer demand, the company pulled forward plant closures in North Carolina and Louisiana as it pursues a 15% net reduction in North American glass capacity.
By Maria Rachal • July 28, 2023 -
International Paper says destocking is impacting box volumes unevenly
Early Q3 volumes are starting to tick up, which executives expect to continue through the year.
By Katie Pyzyk • July 27, 2023 -
Silgan CEO ‘very disappointed’ after Q2, lowers guidance amid demand shift
The consumer goods packaging company said it’s past pandemic-era destocking but a new wave of inventory issues has emerged. It will begin “rightsizing” its footprint to adjust to customers’ 2023 expectations.
By Maria Rachal • July 27, 2023 -
Crown sales fell 11% in Q2 amid varied consumer spending trends
Inflation, promotional activity and other factors impacted different markets. The can manufacturer anticipates new capacity will come online in the U.S. and the U.K. next month.
By Maria Rachal • July 26, 2023 -
Flexi-Hex, Orora partnership brings 100% recycled fiber protective packaging to North America
It offers an alternative to plastic options like foam peanuts or air-filled cushions.
By Katie Pyzyk • July 25, 2023 -
Amazon phasing out plastic mailers and working to reduce e-commerce packaging
While 92% of its packaging material weight in the U.S. and Canada is recyclable curbside, Amazon intends to further eliminate hard-to-recycle materials and has seen a boost in deliveries that ship in their own containers.
By Katie Pyzyk • July 20, 2023 -
Premier Packaging buys carbon offsets to counter fleet emissions on path to net zero
The Louisville, Kentucky-based manufacturer and distributor acknowledged this is “not a perfect solution” but is one action as it pursues electric vehicle pilots and eyes total net-zero carbon emissions by 2040.
By Maria Rachal • July 19, 2023 -
Connected packaging proponents talk growth opportunities for QR codes
Brands can expand the uses for QR codes as consumer familiarity grows, speakers from Amazon, Colgate Palmolive, GS1 and more discussed at the Connected Packaging Summit.
By Maria Rachal • July 17, 2023 -
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July 17, 2023 -
Coca-Cola to source rPET from Republic Services’ upcoming polymer centers
The company is the first announced customer for a new network of secondary plastic recycling facilities as it aims to use at least 50% recycled material in its packaging by 2030.
By Maria Rachal • July 14, 2023