Pactiv Evergreen Inc. is a leading manufacturer and distributor of food packaging and beverage packaging solutions. The company's history dates back to 1965 when it was founded as Tenneco Packaging. Over the years, the company went through various transformations and acquisitions, ultimately becoming Pactiv Evergreen Inc. in 2020. Pactiv Evergreen is listed on the Nasdaq Stock Market under the ticker symbol "PTVE."
Pactiv Evergreen's primary focus is on producing packaging products made from sustainable materials that are designed to protect and preserve food and beverages. They offer a wide range of products, including containers, trays, cups, plates, and other packaging solutions, used by foodservice providers, restaurants, supermarkets, and various consumer packaged goods companies.
The company operates across multiple segments, including Foodservice Packaging, Beverage Packaging, and Food Packaging. They serve customers globally and are one of the largest packaging companies in North America.
One of the company's flagship products is the "EarthChoice" line of sustainable packaging. This line includes products made from post-consumer recycled content and renewable materials, such as plant-based fibers and biodegradable materials. The EarthChoice line aligns with the company's commitment to reducing its environmental impact and providing customers with eco-friendly packaging solutions.
Pactiv Evergreen's dedication to innovation and sustainability has positioned them as a leader in the packaging industry, catering to the growing demand for environmentally friendly and responsible packaging solutions. As the global awareness of environmental concerns continues to rise, Pactiv Evergreen's focus on sustainability and eco-friendly packaging solutions is expected to drive the company's growth and success in the future.