Unless you are dealing with a very large valve, meaning replacement is prohibitive. Just change it. If the packing has failed due to age, the rest of the valve can not be far behind.
If it is a large valve that has to be repaired in place, why are you not talking to the manufacturer?
proceduerr,begin.....tighten packing nuts until bottomed out------ then make system safe ----- isolate----- open---- remove; worn compressed beyond limit / worn -hardened non pliable.(dig out with a pick if thats how small it is).----replace :new end with-----tighten------ lube----- re tighten (until it seals) and still feels right.
Isolate all sources of pressure, valve motive power and process fluid from the valve and raise Permit to Work.
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