Amcor launches sustainable packaging challenge for start-ups

Core Insights - Amcor has launched the Amcor Lift-Off Winter 2025/26 Challenge to invite global start-ups to develop sustainable packaging solutions, focusing on flexible and paper-based packaging [1][3] - The initiative aims to build on previous successful collaborations in areas such as AI-powered waste analytics and bio-based materials [1][3] Challenge Details - Start-ups are encouraged to submit solutions in three areas: home-compostable adhesives for flexible packaging, high-performance compostable oxygen transmission barriers for paper packaging, and nature-based barrier additives for film formulation [2] - The challenge will occur in three phases, with selected start-ups presenting their technologies to Amcor's R&D team for potential joint development and investment opportunities of up to $500,000 [2] Company Performance - Amcor reported a net income of $262 million for the quarter ending September 30, 2025, an increase from $191 million year-over-year, with net sales rising 68% to $5.74 billion at constant currency [4] - The company reaffirmed its earnings outlook for fiscal 2026, indicating strong financial performance [4] Strategic Focus - Amcor's vice-president of corporate venturing and open innovation emphasized the company's commitment to advancing circularity and environmental responsibility through collaboration with start-ups [3] - In early November 2025, Amcor announced an expansion of its printing, lamination, and converting capabilities in North America to better serve the protein packaging market [3]