DS Smith vs International Paper: which packaging stock should you buy?
Packaging groups International Paper and DS Smith have seen big share price falls over the last year. But with plastic waste in the spotlight, we feel these cardboard specialists could find new opportunities for growth. In this article, we'll be comparing two leading fibre-based packaging specialists, US firm International Paper and FTSE 100 group DS Smith.
Supermarket group Tesco made headlines recently after it said that from next year, it will refuse to sell branded products with "excessive or inappropriate" packaging. The shift follows work to remove 4,000 tonnes of hard-to-recycle material from its own-branded ranges. We’re all familiar with wasteful, half-empty food packaging. Tesco has the scale to play hardball with suppliers on environmental issues. We can only hope that it does so. But who will be the winners and losers from this process? Manufacturers of plastic packaging seem likely to suffer. Cardboard can be sustainably produced and recycled multiple times using existing infrastructure. We think…