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Amcor Constructs Healthcare Packaging Coating Facility in Asia
ZACKS· 2025-04-14 14:05
Amcor Plc (AMCR) announced the completion of construction of its state-of-the-art coating facility for healthcare packaging in Selangor, MY. This move expands Amcor’s existing healthcare packaging plant in Selangor.AMCR’s Facility to Set Standard EfficiencyWith the construction of the new facility, Amcor created an integrated campus that will enable the company to produce top and bottom substrates for medical device packaging in Asia. This will result in improved supply-chain stability and shorter lead time ...
Amcor receives 'AA' MSCI ESG rating, recognizing its commitment to sustainability
Prnewswire· 2025-04-14 12:48
ZURICH, April 14, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has been recognized with an 'AA' rating by MSCI ESG Research for its strong sustainability performance. This rating underscores Amcor's commitment to environmental, social and governance (ESG) leadership and highlights its progress in advancing more sustainable packaging solutions. Amcor has been recognized with an ‘AA’ rating by MSCI ESG Research for its stro ...
Strength Seen in Amcor (AMCR): Can Its 5.3% Jump Turn into More Strength?
ZACKS· 2025-04-10 14:20
Amcor (AMCR) shares rallied 5.3% in the last trading session to close at $9.02. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 14.3% loss over the past four weeks.Amcor’s shares got a boost yesterday after U.S President Trump announced a 90-day pause on certain tariffs for most countries (except China). Amcor operates in around 212 principal manufacturing sites spanning more than 40 countries.This packaging ...
Amcor builds cutting-edge coating facility, enhancing healthcare packaging access in Asia Pacific
Prnewswire· 2025-04-10 02:00
Core Insights - Amcor has completed the construction of an advanced coating facility for healthcare packaging in Selangor, Malaysia, marking it as the first in Asia to utilize advanced air knife coating technology [1][2] - The new facility enhances supply chain resilience and reduces lead times for healthcare customers by producing both top and bottom substrates for medical device packaging [2][4] Facility Features - The facility is equipped with advanced technologies such as water-based coating systems, online inspection systems, and air knife technology, which ensures uniform coating application and reduces material waste [3] - The air knife technology utilizes high-speed air streams to enhance product consistency [3] Strategic Commitment - Amcor's investment in this facility demonstrates its commitment to supporting customers in the Asia Pacific region by boosting local production capacity and addressing the growing demand for sterile packaging [4] - The company has undertaken additional initiatives to expand its healthcare capabilities in the region, including the acquisition of MDK in China and the establishment of new production units in India and Singapore [4] Company Overview - Amcor is a global leader in responsible packaging solutions, generating $13.6 billion in annual sales from operations across 212 locations in 40 countries in fiscal year 2024 [5] - The company focuses on creating packaging that is recyclable, reusable, and made with recycled content [5]
A Historic Opportunity For Dividend Investors
Seeking Alpha· 2025-04-03 12:05
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Amcor Launches Paper-Based Packaging Solution for Dry Beverages
ZACKS· 2025-03-26 15:55
Core Viewpoint - Amcor plc has launched a sustainable paper-based refill pack for instant coffee and dry beverage products, aligning with consumer demand for eco-friendly packaging solutions [1][2]. Group 1: Product Launch and Features - The AmFiber Performance Paper stand-up pouch is designed for recyclability in most European countries, containing 85% fiber [1]. - The pouch preserves the aroma and taste of coffee products through solid seal integrity and barrier, while reducing the carbon footprint of dry beverage packaging by up to 73% [3]. - Brands can save 70-90% on Environmental Product Responsibility fees compared to non-recyclable alternatives [3]. Group 2: Company Growth Focus - Amcor is concentrating on higher-growth, value-added segments such as healthcare, protein, pet food, premium coffee, and hot fill beverage containers, generating over $4 billion in annual revenues [4]. - The growth rates in these segments exceed the average across broader consumer markets, indicating significant improvement potential [4][5]. Group 3: Financial Performance - For Q2 fiscal 2025, Amcor reported adjusted earnings per share of 16 cents, matching the Zacks Consensus Estimate, with earnings remaining stable year-over-year [6]. - Revenues decreased by 0.3% year-over-year to $3.24 billion, impacted by foreign exchange and lower raw material costs, despite a 2.3% increase in volume [7]. - The top line fell short of the Zacks Consensus Estimate of $3.44 billion [7]. Group 4: Stock Performance - Over the past year, Amcor's shares have increased by 4.4%, outperforming the industry growth of 0.5% [8].
Amcor Lift-Off initiative extends deadline for compostable or recyclable barrier coating solution challenge
Prnewswire· 2025-03-24 13:22
ZURICH, March 24, 2025 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, announced the extension of the application period for a new challenge under its Amcor Lift-Off initiative, the Amcor Lift-Off Sprints. The challenge aims to support innovative companies that provide new, innovative compostable or recyclable barrier coatings solutions for paper and other compostable substrates. The Amcor Lift-Off Sprints challenge aims to suppor ...
Amcor (AMCR) is a Top-Ranked Value Stock: Should You Buy?
ZACKS· 2025-03-18 14:46
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Amcor-Berry Merger Gets U.S Antitrust Clearance, Set to Close Mid-2025
ZACKS· 2025-03-14 14:21
Amcor plc (AMCR) announced that its previously announced merger deal with Berry Global Group, Inc. (BERY) has cleared another significant step with the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). Necessary approvals have been received from regulatory authorities in recent weeks, which included antitrust clearances from China and Brazil. Earlier this month, Amcor announced that the shareholders of both companies have approved the combination. The ...
Amcor prices private offering of $2.2 billion of senior unsecured notes
Prnewswire· 2025-03-13 10:11
ZURICH, March 13, 2025 /PRNewswire/ -- Amcor plc (NYSE:AMCR; ASX:AMC) ("Amcor") announced today that Amcor Flexibles North America, Inc. ("AFNA"), a wholly-owned subsidiary of Amcor, has priced a private offering (the "Offering") of guaranteed senior notes in an aggregate principal amount of $2.2 billion (collectively, the "Notes"). The Notes consist of (i) US$725,000,000 principal amount of 4.800% Guaranteed Senior Notes due 2028, (ii) US$725,000,000 principal amount of 5.100% Guaranteed Senior Notes due 2 ...