Pactiv Evergreen, Inc. (NASDAQ: PTVE) is a leading global provider of sustainable packaging solutions. Formed through the combination of Pactiv LLC and Evergreen Packaging LLC in early 2020, the company designs, manufactures and distributes a broad portfolio of food and beverage packaging products. Its offerings span disposable foodservice items, custom thermoformed trays, molded fiber pulp products and high‐barrier paperboard cartons, all engineered to meet the needs of retail grocers, foodservice operators, consumer packaged goods companies and convenience‐store chains.
The company operates more than 60 manufacturing facilities across North America and Europe, enabling a diversified supply chain that serves customers in the United States, Canada, Mexico and select international markets. Pactiv Evergreen’s product mix includes plastic and aluminum containers, foam and rigid trays, clamshells, cups and lids, as well as recyclable and compostable fiber‐based packaging. The company also offers specialized services such as design collaboration, technical support for packaging performance and end‐use application testing.
Since its spin‐off, Pactiv Evergreen has focused on integrating its legacy businesses to drive innovation in sustainable materials and manufacturing processes. The company invests in recycling infrastructure, lightweighting initiatives and renewable raw materials to support customer goals for reduced environmental impact. Its research and development centers work in partnership with brand owners to develop packaging formats that extend shelf life, improve product visibility and enhance consumer convenience.
Rooted in the packaging expertise of its predecessor companies, Pactiv Evergreen benefits from a leadership team with decades of industry experience. Executives emphasize operational excellence, safety and sustainability as core values, positioning the company for long‐term growth in evolving markets. Headquartered in Lake Forest, Illinois, Pactiv Evergreen continues to expand its footprint through strategic investments and partnerships that address shifting consumer preferences and regulatory requirements worldwide.
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