Stock Pulse
Amcor plc (AMCR) has completed a new state-of-the-art healthcare packaging coating facility in Selangor, Malaysia, integrating it with their existing plant to produce both top and bottom substrates for medical devices within Asia [1], [2], [5]. This strengthens their regional supply chain, improves lead times, and utilizes advanced technologies like air knife coating and water-based systems [1], [2]. Amcor is also focused on sustainability, launching AmFiber, a recyclable paper-based packaging for various products [7], [10], and striving for 100% recyclable or reusable packaging by 2025, though challenges remain [6]. The company reported slightly lower revenue but maintained its full-year guidance, expecting adjusted EBIT growth of 3% to 8% [3], and is progressing with its merger with Berry Global, aiming for significant cost savings and earnings growth, despite inherent merger risks [8], [11], [12]. Recent product launches and strategic investments position Amcor favorably in the growing sustainable packaging market, particularly within Asia.