Smurfit Westrock (SW) said it will lift prices for containerboard and kraft paper by $100 per ton from Sept. 1, citing tight supply in the North American paper market. Packaging Corporation of America (PCA) previously announced a $140 per ton increase on July 24, sparking what has been described as the industry’s third round of hikes this year, with International Paper also among those following. SW also announced in July that prices for SBS folding carton, commercial print and foodservice paper grades will rise 4%–6% from Aug. 10, marking its second SBS increase this year. The series of increases reflects a tightening supply-demand balance in paper commodities.

O-I Glass posted a sharply weaker second quarter, with a net loss attributable to the company of $972 million versus a $5 million loss in Q2 2025. Net sales were $1.67B, down 2.2% year over year, while operating profit slid to $6 million from $90 million as furnace events constrained output and raised costs. The company estimated a separate “furnace event” in the Americas reduced sales opportunities there by about 2%, even as selling prices lifted regional sales by 1% and shipments fell 7%. In Europe, higher energy costs tied to conflict in the Middle East and tougher competition weighed on pricing and profitability.