Europe, which trails the Americas by several months in implementation of O-I’s restructuring program, was weaker than expected. O-I lowered its earnings outlook for...
Extended producer responsibility costs are elevating packaging discussions to the C-suite and forcing companies to work out budget strategies. A “conversation companion” tool could help.
Source: https://www.packagingdive.com/news/extended-producer-responsibility-packaging-managing-costs-csuite-spc/818742/
The year-over-year drop is significant but “is not unprecedented,” according to the American Forest & Paper Association. It follows the nearly 10% production capacity...
Plus, Amcor goes lighter on sauce caps and UPM Specialty Materials works with Felix Schoeller on a barrier solution for flexible food packaging.
Source: https://www.packagingdive.com/news/packaging-innovations-cvs-coram-ppg-upm-felix-schoeller-amcor/818341/
The company’s Brewing Futures initiative includes improvements and workforce commitments at facilities across the country.
Source: https://www.packagingdive.com/news/anheuser-busch-doubles-us-manufacturing-investment/818440/
Despite geopolitical and economic headwinds, Packaging Corporation of America experienced an uptick in sales for the first quarter, executives said during Thursday’s earnings call.
Source:...
The industrial packaging company plans to submit the targets to SBTi this year, including its first ever for scope 3 emissions reduction.
Source: https://www.packagingdive.com/news/greif-sbti-emissions-targets-sustainability-goals/818220/
Given recent shifts in recycling markets, the Northeast Recycling Council hopes the PCR Material Demand Hub will help organizations with purchasing, explained Executive Director Megan...
Fastmarkets RISI recognized another bump that brings producers closer to achieving the $70 per ton hikes they announced earlier this year.
Source: https://www.packagingdive.com/news/fastmarkets-risi-april-price-increase-north-america-containerboard/817971/
As adult recreational cannabis becomes more mainstream, companies are putting a greater focus on product packaging. Industry participants say they must balance compliance with...
The Biodegradable Products Institute says recent bills don’t address some of the most critical underlying issues that currently threaten the future of compostable packaging...