“In other words, they charge us a tax or tariff, and we charge them the exact same tax,” President Donald Trump said Thursday.
Source: https://www.packagingdive.com/news/trump-reciprocal-tariffs/740127/
Different types of facilities across four states will shut down by the end of April. One closure will remove 800,000 tons of containerboard capacity from IP’s...
The lion’s share of recently announced investments will occur in the central United States, including for International Paper, Genpak, Eagle Flexible Packaging and Premier...
The company also is assessing the potential impacts of new tariffs and eyeing other pricing models, executives said on an earnings call.
Source: https://www.packagingdive.com/news/smurfit-westrock-q4-2024-earnings-streamline-box-tariff/739864/
Both packaging and “consumer prices will go up” as manufacturers pass down increased costs, said Can Manufacturers Institute President Robert Budway.
Source: https://www.packagingdive.com/news/metal-tariffs-aluminum-steel-trump-can-makers/739753/
Customers’ portfolio diversity, the spending strength of end consumers, and competition between glass and cans were discussion points during recent earnings calls.
Source: https://www.packagingdive.com/news/packaging-earnings-beverage-market-trends-ball-crown-oi/739689/
Packaging industry leaders think discussion at the congressional level could be possible this year on how to create greater unity for recyclability, compostability and other labeling standards.
Source:...
CEOs at Amcor, Ball, Crown, Graphic Packaging and O-I weighed in this week on their exposure to planned tariffs and how they’re preparing for potential...
Plus, Carton Service CSI’s cartons go cap-free and Berry Global expands its line of refillable sticks.
Source: https://www.packagingdive.com/news/packaging-innovations-energizer-fiber-berry-global-refill-carton-service/739237/
The Container Recycling Institute recommended new bottle bills in an effort to keep up with U.S. aluminum consumption as recycling rates decline.
Source: https://www.packagingdive.com/news/container-recycling-institute-report-ubc-aluminum-bottleb-bill-recycling-rate/739468/