NEW YORK (Reuters) - Packaging products maker Chesapeake Corp CSK.N said on Friday its second-quarter loss widened as it was hurt by weaker volume shipments, higher raw material costs and one-time items.

Net loss in the quarter was $261 million, or $13.38 a share, compared with a year-earlier loss of $11.5 million, or 59 cents a share.

Excluding items, the loss from continuing operations was $8.7 million, or 44 cents a share, compared with a loss of $1.3 million, or 6 cents a share, a year earlier.

The company also announced a refinancing plan to address the upcoming maturity of its bank credit facility and its general liquidity needs.

Chesapeake said it expects that the proposed refinancing plan will address the company's short- and long-term capital needs while providing Chesapeake with the necessary financial flexibility.

(Reporting by Euan Rocha, editing by Gerald E. McCormick)