The packaging manufacturer announced positive third-quarter financial results despite uncertain macroeconomic drivers and lower volumes. | T.Schneider/Shutterstock
Packaging manufacturer Greif reported strong third-quarter financial results and shared details about its recent divestitures during an investor call. Continue Reading
Executives from paper fiber companies detailed strategies aimed at balancing infrastructure gains with shifting demand and other headwinds. | Jim Barber/Shutterstock
Several U.S. paper and packaging companies moved to reshape operations as they reported second-quarter results amid market softness, cost pressures and shifting demand. Continue Reading
The two organizations maintain the industry standard for acceptable materials, which have been updated for PE packaging as well as for paper cups. | Andy Shell/Shutterstock
The Association of Plastic Recyclers and the Recycled Materials Association have updated specifications for post-consumer plastic bales, following a collaborative development process between the two organizations. Continue Reading
In its 2024 report, the major paper fiber consumer also noted that purchases of recovered fiber edged higher from 2023 but still were below 2022 levels. | Worradirek/Shutterstock
Atlanta-based Graphic Packaging recently released its 2024 Impact Report, in which the company showed mixed results surrounding its sustainability targets. Continue Reading
The deal will increase PCA’s ability to produce items using higher recycled content, and further Greif’s goal of focusing on its polymer offerings. | Max Zvonarev/Shutterstock
Packaging Corporation of America will buy Greif’s containerboard business, with the $1.8 billion all-cash deal expected by the end of PCA’s third quarter, in the latest development for an industry experiencing tumult. Continue Reading
Major fiber end user Smurfit Westrock anticipates some, but not substantial, demand recovery for containerboard and consumer fiber packaging this year. | trainman111/Shutterstock
Price increases helped recover fiber end users’ bottom lines over the past quarter, even as questions about corrugated packaging demand swirled in the wake of multiple high-profile U.S. mill closures. Continue Reading
A recent report shows declines in pizza box demand, raising questions about the stability of OCC markets. | Mikhailov Studio/Shutterstock
A decrease in demand for pizza boxes could disrupt a key OCC end market, according to new research. Continue Reading
Residents were already “wishcycling” the cups, so the locally owned recycler decided to pave the way to formal acceptance. | Oasishifi/Shutterstock
The city of Omaha recently added paper take-out cups to its list of accepted items for recycling, with locally owned First Star Recycling leading the way in the resident-driven effort. Continue Reading
So far this year, Greif has closed two facilities and shut down a recycled paperboard machine. | JHVEPhoto/Shutterstock
Greif is ending its coated paperboard production on the West Coast by closing its recycled coated paperboard mill in Los Angeles, effective in June.
Almost 200 employees will be affected by the closure in St. Paul, Minnesota. | LookerStudio/Shutterstock
Smurfit Westrock is closing plants in Minnesota and Texas and is in discussions to do the same at two others in Germany, affecting around 650 employees total. Continue Reading