FORM 3 
         U.S. SECURITIES AND EXCHANGE COMMISSION       _____________________ 
                 WASHINGTON, D.C.  20549              |    OMB APPROVAL     | 
                  INITIAL STATEMENT OF                |_____________________| 
           BENEFICIAL OWNERSHIP OF SECURITIES         |OMB NUMBER: 3235-0104| 
                                                      |EXPIRES:             |  
                                                      | SEPTEMBER 30, 1998  | 
       Filed pursuant to Section 16(a) of the         |ESTIMATED AVERAGE    | 
         Securities Exchange Act of 1934,             |BURDEN HOURS         | 
        Section 17(a) of the Public Utility           |PER RESPONSE 0.5     | 
          Holding Company Act of 1935                 |_____________________| 
       or Section 30(f) of the Investment 
              Company Act of 1940 
 ___________________________________________________________________________
 1. Name and Address of Reporting Person 
  
      Ivex Packaging Corporation 
 _________________________________________________________________________ 
        (Last)                      (First)                    (Middle) 
      100 Tri-State Drive 
 _________________________________________________________________________ 
                                   (Street) 
      Lincolnshire,  Illinois  60069 
 _________________________________________________________________________ 
        (City)                      (State)                      (Zip) 
  
 ___________________________________________________________________________
 2. Date of Event Requiring Statement (Month/Day/Year) 
     
      04/23/1998 
 ___________________________________________________________________________
 3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY) 
     
      76-0171625 
 ___________________________________________________________________________
 4. Issuer Name and Ticker or Trading Symbol 
     
      Ultra Pac, Inc. "UPAC" 
 ___________________________________________________________________________
 _ 
 5. RELATIONSHIP OF REPORTING PERSON(S) TO ISSUER (CHECK ALL APPLICABLE) 
  (  ) DIRECTOR 
  (X ) 10% OWNER    
  (  ) OFFICER (GIVE TITLE BELOW) 
  (  ) OTHER (SPECIFY TITLE BELOW) 
  _____________________________________ 

 ___________________________________________________________________________
 6. IF AMENDMENT, DATE OF ORIGINAL (MONTH/DAY/YEAR) 
     
 ___________________________________________________________________________
 7. INDIVIDUAL OR JOINT/GROUP FILING (CHECK APPLICABLE LINE) 
    _X__FORM FILED BY ONE REPORTING PERSON 
    ___FORM FILED BY MORE THAN ONE REPORTING PERSON 
  
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 TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED 
 ___________________________________________________________________________
 |1. TITLE OF SECURITY|2. AMOUNT OF   |3. OWNERSHIP  |4. NATURE OF INDIRECT  | 
 |   (INSTR. 4)       |   SECURITIES  |   FORM DIRECT|   BENEFICIAL OWNERSHIP| 
 |                    |   BENEFICIALLY|   DIRECT (D) |   (INSTR. 5)          | 
 |                    |   OWNED       |   OR INDIRECT|                       | 
 |                    |   (INSTR. 4)  |   (I) (INSTR.|                       | 
 |                    |               |   5)         |                       | 
 |____________________|_______________|______________|_______________________| 
  
 Common Stock, no par   3,707,000           D 
 value per share 
  
  
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 TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED 
        (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 
 ___________________________________________________________________________
 1. Title of Derivative Security (Instr. 4) 
     
 ___________________________________________________________________________
 2. Date Exercisable and Expiration Date (Month/Day/Year) 
      ________________________                  _________________________    

          Date Exercisable                          Expiration Date 
 ___________________________________________________________________________
 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 
    ________________________________        _______________________________ 
                 Title                         Amount of Number of Shares 
 ___________________________________________________________________________
 4. Conversion or Exercise Price of Derivative Security 
     
 ___________________________________________________________________________
 5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)(Instr.
    5) 
     
 ___________________________________________________________________________
 6. Nature of Indirect Beneficial Ownership (Instr. 5) 
     
  
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    EXPLANATION OF RESPONSES: 
  
  

  
  
  
  
  
                                                     
    /s/ G. Douglas Patterson                         05/08/1998             
    ___________________________                      ____________________
    Ivex Packaging Corporation                          DATE 
    By:    G. Douglas Patterson 
    Title: Vice President and General Counsel                    
  
  
  
 _____________________________ 
  
    **  INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL 
        CRIMINAL VIOLATIONS. 
        SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A). 
  
   NOTE:  FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED.
   IF SPACE PROVIDED IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE 
  
   POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION  
   CONTAINED IN THIS FORM ARE NOR REQUIRED TO RESPOND UNLESS THE FORM  
   DISPLAYS A CURRENTLY VALID OMB NUMBER. 
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