Core Insights - Siegwerk has expanded its collaboration with The Revere Group to optimize production processes and support sustainability initiatives [1] - The Revere Group has adopted Siegwerk's low-migration SICURA Nutriflex ORBIS DC inks, which have improved production efficiency and sustainability [2] Production Efficiency - The transition to Siegwerk's inks has led to increased press speeds, reduced downtime, and consistent results in Expanded Color Gamut (ECG) printing, resulting in less waste during production [2] - The Revere Group can now replicate a wide range of Pantone colors using seven inks instead of four, minimizing the need for frequent equipment cleaning [3] Sustainability Initiatives - The partnership has enabled The Revere Group to explore new sustainable packaging options, including primers suitable for compostable materials and recyclable mono-material packaging structures [4] - Siegwerk has secured RecyClass Technology Approval for several products from its SICURA range, marking a significant achievement in UV-curable ink technology for polyethylene flexible packaging [5][6] Technical Support and Collaboration - Technical support from Siegwerk has allowed The Revere Group to focus on production rather than technical issues, enhancing overall efficiency [3] - The collaboration emphasizes the importance of strong partnerships and technical expertise in driving efficiency and sustainability in packaging [5]

Core Insights - Inovar Packaging Group has acquired Kiliper to enhance its product capabilities, focusing on stretch sleeves, roll-fed labels, polybags, and printed film products [1][3] - The acquisition aligns with Inovar's growth strategy to invest in new labeling technologies and expand its presence in the Midwest [3][4] Group 1: Acquisition Details - The financial terms of the acquisition remain undisclosed [1] - Kiliper is a family-run company known for its expertise in wide-web flexo printing and converting [1][2] Group 2: Management and Operations - Kiliper is managed by siblings Tom Kiliper and Lindsay Maysent, who will continue as co-presidents post-acquisition [2] - The company serves various sectors, including food and beverage, pet food, household chemicals, industrial supplies, and janitorial and sanitation [2] Group 3: Strategic Importance - Inovar's CEO, Jeff Brezek, emphasized the importance of strategic acquisitions that align with the company's values and enhance technical capabilities [4] - The acquisition of Kiliper is seen as a meaningful expansion into new product areas while complementing existing manufacturing capabilities [5]

Core Viewpoint - Coveris has agreed to divest its labels and board business to Kingswood Capital Management, with the unit to be re-established as Paragon Print and Packaging, expected to complete in Q1 2026 [1][2]. Group 1: Transaction Details - The sale involves the paper business unit, which will operate independently as Paragon Print and Packaging, generating annual sales of approximately €270 million ($321.2 million) and employing around 1,400 staff [2]. - Coveris will retain 17 flexible packaging manufacturing sites across EMEA and the UK, with projected sales of about €600 million and a workforce of roughly 2,500 employees post-divestment [2]. Group 2: Management and Strategic Focus - Coveris CEO Christian Kolarik stated that the divestment allows for a strategic focus on core EMEA flexible packaging activities, expressing confidence in the growth potential of the Paper Business under new ownership [3]. - Jo Ormrod, the current COO of Coveris' paper business unit, will become the CEO of Paragon, with the existing management team continuing in their roles [4]. Group 3: Product Focus and Legacy - Paragon Print and Packaging will focus on paper-based, recyclable packaging for sectors such as food, household, and personal care, offering products like self-adhesive labels and environmentally friendly materials [4]. - The brand Paragon has a legacy of over three decades, known for its trusted reputation among customers [4].

Core Insights - Cascades is exiting two niche packaging markets to focus on strategic markets and optimize its operations [3][8] - The company plans to support affected employees with job search assistance and encourages them to apply for other positions within Cascades [3] Plant Closures - The honeycomb packaging plant in Berthierville will close immediately, affecting 52 employees, while the York, Pennsylvania facility will close by February 19, impacting 37 employees due to declining customer demand [4][8] - The cardboard partition facility in Saint-Césaire, Quebec, will cease operations by April 17, affecting 25 employees, as profitability has declined due to reduced demand and geographic distance from main customers [5][8] Strategic Decisions - President and CEO Hugues Simon emphasized the importance of focusing on strategic markets for optimization and profitability improvement [6] - The recent plant closures follow the announcement of the sale of a corrugated packaging plant in Richmond, British Columbia, to Crown Paper Group for $65.5 million, aimed at reducing debt and optimizing operations [6][7]

Core Insights - Xpert Packs has launched a new collection of custom tube packaging solutions focused on sustainability for various sectors including food, confectionery, and cosmetics [1][3] - The packaging is made from recyclable and biodegradable materials, ensuring an eco-friendly option for businesses [1][2] Group 1: Product Offering - The new range includes packaging options for snacks, teas, dry fruits, candies, and cosmetic products [1] - Xpert Packs provides a variety of packaging products such as display boxes, foldable boxes, mylar bags, tuck boxes, sleeve boxes, and tissue papers [3] Group 2: Sustainability Focus - The company emphasizes the use of premium paper and cardboard materials to balance environmental considerations with product durability during shipping and storage [2] - The goal of the new packaging range is to innovate while prioritizing sustainability, allowing brands to enhance the unboxing experience for customers while reducing their environmental footprint [3] Group 3: Customization and Printing - Xpert Packs offers several printing methods for custom packaging, including offset printing, digital printing, flexography, and screen printing [4] - The company also provides specialized coatings, finishes, and distinctive custom options for their packaging solutions [4]

The Saint-Césaire facility specializes in the manufacturing of cardboard partitions for the beverage market. The plant's profitability has been negatively impacted over several years due to a continuous decrease in market demand. The plant's geographic distance from its main customers has also reduced its competitiveness. As a result, operations will cease no later than April 17, 2026, impacting 25 employees. Cascades will work closely with the employees of these three plants to provide the support needed t ...

Group 1 - The packaging industry is experiencing significant layoffs, particularly among manufacturers specializing in plastics, but other material handlers are also affected [1] - International Paper plans to close at least seven facilities in Europe, the Middle East, and Africa, resulting in a reduction of at least 700 employees by 2026 [2] - Dow is laying off 4,500 employees, approximately 13% of its workforce, as part of a cost-cutting initiative, with a noted 11% year-over-year decline in packaging and specialty plastics sales volumes in Q4 2025 [2] - Sealed Air is permanently closing a facility in City of Industry, California, affecting 51 employees, with separations occurring in phases starting around April 30 [2] - Tekni-Plex is closing a facility in Milwaukee, impacting 39 employees, with separations scheduled from March 27 through April 30 [2] - Waddington North America, a Novolex company, is permanently closing a plant in Bremen, Georgia, affecting 49 employees, with separation dates from March 31 to May 29 [2]

Group 1: Rogers Communications - The company reported a profit attributable to shareholders of $743 million or $1.37 per diluted share for the quarter ended Dec. 31, an increase from $558 million or $1.02 per diluted share in the same quarter of the previous year [1] - Revenue totaled $6.17 billion, up from $5.48 billion in the same quarter a year earlier, driven by a significant increase in media revenue, which rose to $1.24 billion from $547 million [2] - Wireless revenue for the quarter was $2.97 billion, slightly down from $2.98 billion a year earlier, while cable revenue remained stable at $1.98 billion [2] Group 2: Canadian Pacific Kansas City (CPKC) - CPKC reported a 10% decline in net income to $1.08 billion for the quarter ended Dec. 31, down from $1.20 billion in the same period a year earlier [3][7] - Fourth-quarter revenues rose 1% to $3.92 billion from $3.87 billion, supported by a 3% increase in grain and container revenue [4] - For the full year, CPKC's net income increased by 11% to $4.14 billion, with revenues climbing almost 4% to $15.08 billion [4] Group 3: CGI Inc. - CGI reported a first-quarter profit of $442 million, up from $438.6 million a year earlier, with revenue rising nearly 8% to $4.08 billion from $3.79 billion [9][10] - The profit per diluted share for the quarter was $2.03, an increase from $1.92 per diluted share a year earlier [9] - CGI announced a collaboration deal with OpenAI to expand the use of artificial intelligence across its business and assist clients in adopting it [10] Group 4: Cascades Inc. - Cascades has agreed to sell a packaging plant to Crown Paper Group for $65.5 million, including real estate assets, with the transaction expected to close soon [14] - The CEO stated that the sale is part of the company's commitment to improve profitability and optimize operations [15] - This transaction follows another deal where Cascades sold a flexible packaging plant to Five Star Holding for $31 million [15]

Pretium Packaging has reached an agreement with a majority of its lenders to restructure its debt and maintain operations, reported Bloomberg, citing sources. US-based private equity company Clearlake Capital Group will retain its status as the principal shareholder under the newly signed arrangement with creditors, the unnamed sources indicated. Pretium is currently engaging with additional creditors, requesting that they sign non-disclosure agreements prior to reviewing details of the proposed transac ...

Core Insights - Packaging manufacturers are expanding their operations in North America, focusing on new facility openings rather than upgrades to existing locations [1] Group 1: Company Expansions - Buckeye Corrugated has opened a 100,000-square-foot manufacturing and distribution facility in Reno, Nevada, marking its first entirely new corrugated production facility, aimed at enhancing West Coast reach and supply chain efficiency, with an expected employment of 20 to 25 production workers [4] - Specialty Packaging Group has launched a new 50,000-square-foot facility in Guadalajara, Mexico, to meet increased customer demand for crate solutions in the North American AI and data center sectors, aligning with its sustainability initiatives [4] - ePac Flexible Packaging is investing in its European operations, with upgrades at facilities in Austria, France, Poland, and the United Kingdom, including digital printing press installations and pouch converting capabilities [4] - Minerals Technologies is expanding its paper and packaging business in Asia, with a new satellite plant in China expected to be commissioned early next year, adding to its existing facilities in China and India, and has doubled capacity at a plant in India last year [4]