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Amcor launches packaging solution for healthcare industry
Yahoo Financeยท 2025-10-17 08:52
Core Insights - Amcor has launched AmSecure, a next-generation packaging solution for the healthcare industry, enhancing its HealthCare portfolio [1][4] - AmSecure is based on amorphous polyethylene terephthalate (APET) and is designed for thermoformed trays and rollstock in medical and pharmaceutical applications [1] - The new product offers comparable performance to polyethylene terephthalate glycol (PETG) while being more cost-effective and improving supply chain efficiencies [2] Product Features - AmSecure maintains clarity, durability, and compatibility with standard sterilization methods, making it suitable for healthcare applications [1] - The product is designed to accept various raw material supply options, ensuring supply chain continuity [2] - AmSecure is certified to meet or exceed the Design for Recyclability Recognition requirements from the Association of Plastic Recyclers (APR) [2] Production and Capacity - The launch follows an expansion of thermoforming capacity at Amcor's Oshkosh, Wisconsin facility, allowing scalable production to meet increasing market demand [3] - AmSecure will be supported by a range of compatible lids and pouches, enhancing its usability in the healthcare sector [3] Management Changes - Amcor has appointed Stephen Scherger as the new executive vice-president and chief financial officer (CFO), effective from November 10, 2025, succeeding Michael Casamento [4][5]