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Core Insights - Amcor has been included in the Dow Jones Sustainability Indices (DJSI): Australia Index, highlighting its commitment to environmental, social, and governance (ESG) sustainability performance [1][2] - The company ranked within the top 12% of the packaging and containers industry, reaffirming its leadership position in sustainability [1] - Amcor aims to advance its leadership in innovation and sustainability through partnerships and strategic investments across the value chain [4] Company Overview - Amcor is a global leader in developing and producing responsible packaging solutions across various materials for multiple sectors, including food, beverage, pharmaceutical, and personal care [5] - The company generated $13.6 billion in annual sales in fiscal year 2024, employing 41,000 people across 212 locations in 40 countries [5] - Amcor focuses on creating packaging that is increasingly recyclable, reusable, lighter weight, and made with a higher percentage of recycled content [5] Industry Context - The DJSI were launched in 1999 as the first series of global sustainability benchmarks, measuring the performance of companies based on ESG criteria [3] - The index family includes global, regional, and country indices, which are float-adjusted and market-capitalization-weighted [3]

ZURICH, Dec. 30, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, announced today it completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million on December 27, with the proceeds used to reduce debt. Amcor completed the sale of its 50% interest in Bericap North America (BCNA) for $122 million, with the proceeds used to reduce debt. Fiscal 2024 total sales for the joint venture were approximately $1 ...

Amcor plc (AMCR) has entered into an agreement with Kolon Industries to co-develop and commercialize more sustainable polyester materials for selected applications in Amcor's flexible packaging business. With the combination of Amcor's expertise in innovative packaging with Kolon’s high-polymer manufacturing technology, the companies strive to create more environmentally friendly packaging.Amcor and Kolon to Develop New TechnologiesKolon is a leading South Korean chemical materials manufacturer. It is devel ...

Amcor plc (AMCR) announced that it entered a definitive merger agreement with Berry Global Group, Inc. (BERY) . This deal boosts AMCR’s growth strategy by focusing the company's portfolio on faster growing, better margin categories.Benefits of Amcor-Berry Global DealThe deal will bring together two highly complementary businesses, combining Amcor's global flexibles and regional containers businesses with Berry Global's  regional flexibles, and global containers and closures businesses. It will create a glob ...

Key TakeawaysAmcor is acquiring consumer packaging rival Berry Global in an $8.4 billion all-stock deal.Amcor will pay close to a 10% premium over Berry's Monday closing price.The combined company has an annual revenue of $24 billion. Amcor (AMCR) has reached a deal to acquire rival consumer packaging company Berry Global Group (BERY) in an $8.4 billion all-stock transaction. The merger values Berry’s stock at $73.59 per share, a roughly 10% premium over Monday’s closing price of $67.05. Shares of Berry ros ...

ZURICH, Nov. 18, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced it has signed a Memorandum of Understanding (MOU) with U.K.-based technology pioneers, Power Roll Limited. Amcor and Power Roll's collaboration aims to revolutionize solar-powered energy by developing a lightweight solar photovoltaic film that can deliver a low-cost alternative to silicon solar panels. Amcor announced it has signed a Memorandum ...

ZURICH, Nov. 13, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX:AMC), a global leader in developing and producing responsible packaging solutions has been recognized by the 35th Packaging Innovation Awards (PIA) for its AmPrima® Plus solution for coffee.Sponsored by Dow, this prestigious award recognizes excellence in packaging and encourages advancements in sustainability and performance. The Special Award category, won by Amcor, is dedicated to emerging markets and breaking frontiers in mono-material packagi ...

ZURICH, Nov. 12, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, has launched two new editions of its open-call initiative, Amcor Lift-Off, to deepen its focus on research and development (R&D) opportunities and key emerging technologies: Amcor Lift-Off Sprints; and, Amcor Lift-Off Connect. These new initiatives will build upon the program's success with innovative start-ups like Greyparrot's artificial intelligence (AI)-powered ...

ZURICH, Nov. 11, 2024 /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, has been granted a European patent for paper packaging with thin film barrier, affirming the unique attributes of its AmFiberTM portfolio. AmFiberTM Performance Paper is a high-barrier, paper-based solution that delivers recyclability and high-speed customer line performance for food- and healthcare-grade packaging. Amcor's AmFiber Performance Paper is a high-b ...