- International Paper announced Thursday it plans to split into two independent, publicly traded companies based on geography, following its acquisition of U.K.-based DS Smith in January 2025.
- Going forward, IP would be comprised of the current North American business, which includes legacy assets from both IP and DS Smith. The Europe, Middle East and Africa business would include legacy assets from both companies in that region. IP’s current EMEA business operates in 30 countries across the region.
- IP expects to complete the spinoff in the next 12 to 15 months, pending board and regulatory approvals in both the United States and United Kingdom.
International Paper to split into 2 companies | Packaging Dive
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Pregis®, a leading global manufacturer of flexible packaging and protective packaging solutions, today announced it is expanding its senior leadership roles, with Kevin Baudhuin adding the title of chairman in addition to his chief executive officer role, and Laurin Darnell promoted to chief operating officer. These leadership changes will allow Pregis to continue driving long-term growth while maintaining continuity as it builds upon recent successes. Baudhuin will intensify his focus on strategic growth, M&A, and advancing the company’s ESG efforts. Darnell assumes responsibility for day-to-day business operations, leading the company’s global operations and maintaining its growth trajectory to double in size in the next few years.
Please be advised that KODIAKOOLER® will generally increase prices on all products effective January 31st, 2021. This decision did not come lightly as many factors contributed to the necessary change including: Increase costs of our raw materials; Increases in freight from our shippers and logistics; Increase cost and demand brought on by COVID-19; Increase costs of labor. Please be assured that KODIAKOOLER has made every effort to keep this increase to a minimum and will continue to monitor current situations that could affect future price structures.
en percent might not seem like a lot in certain contexts, but it’s notable when describing the loss of North American containerboard production capacity in 2025. On the heels of that extraordinary pullback, analysts project a more positive 2026 for containerboard, although they have different opinions on the likelihood of a bona fide recovery.
Overall, analysts expect containerboard demand at the beginning of 2026 to remain in the depressed state where it ended 2025, with some incremental improvements throughout the year.
Analysts expect the halt to falling demand will translate to fewer production capacity cuts. The “historic” 10% pullback in 2025 resulted in the “largest annual downward adjustment the sector has seen,” according to a Fastmarkets RISI analysis released last year. As such, it would be difficult for the containerboard sector to match that level of single-year loss again in 2026, although a few closures of older, less efficient facilities or production lines are still likely, analysts say.