Packaging

Sealed Air agrees to sell to private equity firm for $6.2B

The deal would lead to the food and protective packaging company delisting from the New York Stock Exchange in mid-2026. But first, it allows...

International Paper to close facilities in California, Kentucky

More than 200 employees will be affected by the closures. This brings the tally of workers affected by IP’s streamlining to more than 4,500...

WM now accepting polypropylene and paper cups curbside

The recycler says recent automation upgrades and changes to bale specifications helped spur the change, along with market demand for the materials. WM is...

How packaging producers and CPGs stacked up in EMF’s 2025 progress report

As the Ellen MacArthur Foundation engages businesses on an updated 2030 agenda, these are some of the 2024 data highlights from the businesses involved...

Industrial M&A ramps up as tariffs settle in, interest rates drop and funds are flush

Private equity and strategic buyers are increasingly competitive acquirers in numerous areas of manufacturing. Deal experts predict much more activity as the market heats...

Aluminum beverage can recycling rate hit 75% globally: report

The update at COP30 comes two years after the industry pledged to recycle at least 80% of these containers worldwide by 2030 and nearly all by...

Amcor to ramp up North American flexibles production

The company called the protein packaging capacity expansion, which will involve installing new equipment through the first half of 2026, one of its largest...

International Paper to close 5 sites, affecting 500 employees

In recent months, IP executives have referenced the importance of “rightsizing Europe” following the January acquisition of London-based DS Smith. The integration hasn’t fully...

Smurfit Westrock to close Atlanta plant, affecting 55 workers

The closure is slated for completion early in 2026 as part of the company’s ongoing optimization efforts. Source: https://www.packagingdive.com/news/smurfit-westrock-closure-atlanta-plant-55-workers/805204/

O-I Glass nears end of network cuts

The manufacturer has closed 8% of its capacity, on the way to a target of 13%. With beer and wine sales declining, O-I is eyeing...

Greif ups cost savings projection despite ‘bumpy’ fiscal 2025

Greif is accelerating the optimization plan launched in fiscal 2025 for a potential total savings of $120 million. The company eliminated roughly 8% of...

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