# Who does Packaging Corporation of America pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/packaging-corporation-of-america · Facet: suppliers · Updated: 2026-09-24T12:34:53.239925+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Packaging Corporation of America's confirmed suppliers/cost counterparties include CMS Energy plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 cost edges, backed by 2 dated sources, 0 of them primary filings (as of 2026-09-24).

### Greif 컨테이너보드 사업 (high)
- metric: Contract value $1.8B · 2025 acquisition · Cash purchase price for Greif's containerboard business
- note: PCA completed its $1.8 billion cash acquisition of Greif's containerboard business in September 2025, adding two mills and eight sheet-feeder and corrugated plants. PCA's SEC filing and Greif's announcement confirm the price and closing.
- [mentions] Investing.com Korea (KO, news, published 2026-09-10) https://kr.investing.com/news/transcripts/article-93CH-2090319: "The Greif acquisition continued to exceed expectations through higher output, improved uptime, and synergies ahead of target."
- [confirms] SEC EDGAR (EN, filing, published 2026-02-26) https://www.sec.gov/Archives/edgar/data/75677/000119312526074129/pkg-20251231.htm: "On September 2, 2025, we completed the acquisition of the containerboard business of Greif, Inc. for $1.8 billion in cash."
- [confirms] Greif, Inc. (EN, ir, published 2025-09-02) https://investor.greif.com/news-releases/news-release-details/greif-completes-sale-containerboard-business: "Greif ... completed the previously announced sale of its containerboard business to Packaging Corporation of America."
- [mentions] Fastmarkets PPI Pulp & Paper Week (EN, research, published 2025-07-11) https://www.fastmarkets.com/uploads/2025/07/PPIPPW_26_2025.pdf: "PCA will be third at 15.0% ... Before PCA announced its $1.8 billion deal ... PCA was 12.3%."
- [confirms] SEC EDGAR (EN, filing, published 2025-07-01) https://www.sec.gov/Archives/edgar/data/75677/000119312525153436/d864746d8k.htm: "PCA ... entered into a definitive agreement to acquire the containerboard business of Greif, Inc. for $1.8 billion in cash."

### ANDRITZ (high)
- note: PCA ordered a high-energy recovery boiler and chloride and potassium removal system from ANDRITZ for its Valdosta mill. The order value was not disclosed.
- [confirms] ANDRITZ (EN, ir, published 2009-11-05) https://www.andritz.com/newsroom-en/pulp-paper/high-energy-recovery-boiler-packaging-corporation-america: "ANDRITZ has received an order from Packaging Corporation of America to deliver a High Energy Recovery Boiler."

### CMS 에너지 (mid)  → /cms-energy.md
- note: The Filer City plant, jointly owned by CMS Energy subsidiary NorthStar Clean Energy, sells process steam to PCA's adjacent paper mill. PCA's purchase amount is not public.
- [confirms] Bioenergy International (EN, news, published 2023-08-06) https://bioenergyinternational.com/bw-awarded-beccs-study-for-coal-to-biomass-project/: "Steam is sold to Packaging Corporation of America for use in their adjacent paper mill."

Reverse side: https://valuechain.wiki/packaging-corporation-of-america/customers.md · Ripple: https://valuechain.wiki/packaging-corporation-of-america/ripple.md

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