PCA ‘frustrated’ with pricing index, plans to stop using it

"Packaging Corporation of America just shattered records again, with Q4 net sales hitting $2.15 billion, up 10.7% year over year. Their packaging segment alone surged 11.2%, fueled by strong demand and record box shipments. But here’s the twist—they’re ditching the Fastmarkets RISI pricing index, claiming it no longer reflects the market’s reality. Why does this matter? For the paper packaging industry, it signals a seismic shift in pricing transparency, potentially giving PCA more control over margins. Plus, PCA’s strategic moves—like building a new box plant in Arizona to consolidate operations—could streamline production and boost efficiency. As costs rise and storms disrupt logistics, PCA’s adaptability will be key. Stay tuned for more industry-defining moves!"https://www.packagingdive.com/news/pca-frustrated-with-pricing-index-plans-to-stop-using-it/738571/

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