Amcor Boosts PCR Capabilities With Latest Investment in Kentucky

Core Insights - Amcor Plc (AMCR) is investing in its Nicholasville, KY facility to enhance post-consumer recycled (PCR) packaging production capabilities, addressing diverse customer needs for PCR [1][8] Investment Details - The new system at the facility includes dedicated silos for multiple production lines, allowing precise PCR blending and enabling customers to select PCR content levels up to 100%, showcasing Amcor's manufacturing optimization and commitment to recycled materials [2][8] - Initially aimed at meeting the specific needs of Amcor's spirits customers, the investment will also benefit healthcare, food, and home and personal care segments, aligning with sustainability goals and reinforcing Amcor's commitment to a circular economy [3] Performance Metrics - In fiscal 2024, Amcor's rigid packaging business saw a significant increase of over 50,000 metric tons in PCR polymer purchases compared to the previous year, driven by growing legislation mandating minimum recycled content [4] - For Q3 fiscal 2025, Amcor reported adjusted earnings per share (EPS) of 18 cents, consistent with the Zacks Consensus Estimate and the previous year's figure, while revenues decreased by 2.3% year-over-year to $3.33 billion, missing the consensus estimate of $3.49 billion [5][6] Stock Performance - Over the past year, AMCR shares have increased by 5.1%, outperforming the industry average increase of 2% [7]