IP Packaging sales
down. Prices up

Seasonal volume declines.
DSSmith acq closes Q4'24

International Paper the leading packaging maker, spun off its printer paper division, renamed Sylvamo in Q1'24. New ceo Andy Silvernail has already been busy with an agreed bid for DSSmith. How does he plan to fight lower demand exacerbated by price disinflation. Full Report analysis here, first 

Stora packaging 
power recovers?

Will new CEO focus on LTerm
growth or STerm  profitability?

AveryDen labels'
recover strongly

Materials sales steady
Intelligent labels robust

Avery Dennison the $8Bn labels & RFID tags maker, reported stronger results in Q3'24, with materials & solutions sales growing . CEO Deon Stander commented favourably on recovering sales and stronger profits from its cost reduction program. Full analysis here, first...

PCA Packaging
volumes improve

CEO expects brighter
outlook but lower prices

Packaging Corporation (inc. Boise) the US #3 packaging & papermaker reported stronger volumes but lower pricing in Q2'24. Complacent ceo Mark Kowlzan commented ' optimistically' expecting "demand and prices to increase for the rest of 2024".  Full analysis here, first....

Mondi marred as
pkg demand slides

Raised prices in spite of 
lower market volumes

Mondi Group, the €7Bn in sales international paper & packaging maker reported declining demand whilst raising prices in its Q3'24 trading update. ceo Andrew King minimalistically commented on the volume decline with no mention of failed bid forDSSmith. Full analysis here, first

Mondi expands
ecom packaging

Late move to compete w
Smurfitt-Westrock & IPpr 

Mondi a global leader in sustainable packaging and paper, today agreed to acquire a major European board maker's assets. CEO Andrew King said the move "will expand its corrugated footprint and add fibre-based products, focused on eCommerce and FMCG". Full story here, first

Insolvent Inapa's
packaging sold

Reactionary paper merchants
carry similar risks eg Antalis?

Insolvent Portuguese paper merchant Inapa has sold its packaging assets. This is not surprising given its paper revenues are down -35% since the pre Covid norm. Unless papermakers and distributors pivot to packaging and/or towels and tissues we can expect more bad news in the near future?

CCL label sales
bounce back big

Demand rebounds across
all segments inc. Avery

CCL Industries (inc.Avery), the $6Bn in sales specialist packaging and labelmaker, reported strong growth demand in Q2'24. Sales were solid in food, health and personal care markets. CEO Geoff Martin commented on results across all divisions boosted by acquisitions. Full analysis here, first 

Sealed Air food
care demand up

Protective packaging weak.
Baginabox acq boosts sales

Sealed Air the $5.5Bn+ maker of protective packaging for Food & FM products reported better volumes, but lower prices in Q2'24, especially in protective packaging, with food packaging buoyant. New CEO Patrick Kivits, was"excited to accelerate the transformation". Full analysis here, first 

Cascades tissue
volumes flatten

Packaging sales weaker. 
New CEO appointment

Cascades the leading Canada based, tissue & packaging boardmaker reported flat sales in Q2'24. New CEO Hugues Simon is optimistic about  investments in containerboard business and the repositioning of tissue production facilities. Full analysis here, first