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    AMC   AU000000AMC4

AMCOR PLC

(AMC)
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End-of-day quote. End-of-day quote Australian Stock Exchange - 09/17
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Amcor : How to choose barrier for nuts and dried fruits packaging

07/16/2021 | 10:17am EDT

NICOLA: You mentioned a downside of PET-MET packaging is that it's non-recyclable. When we consider coming EU sustainability legislation, as well as sustainability pledges made by many brands and retailers, what is the future for PET-MET? And what are the alternatives?

KURT: You're correct, while PET-MET offers a strong barrier for nut products, it does not answer the increasing sustainability demands of consumers, brands and legislation. In order to bring more sustainable solutions to the nuts and dried fruits space, Amcor has developed a range of recycle-ready specifications that provide the right protection and brand presentation for nuts producers.

NICOLA: How can nuts producers compare recyclable vs. non-recyclable bags and pouches?

KURT: Which packaging is collected and sorted for recycling varies by country and sometimes by city, but what we see across Europe is a move away from PET and Alu based structures. This is because there is no recycling stream today for PET-based bags and pouches. The alternatives use different materials, such as PE and PP, which do fit existing recycling streams. Our team works to understand the different recycling infrastructures available across Europe and we have developed a portfolio of more sustainable packaging which includes: mixed PO, full PP, full PE and paper structures.

NICOLA: Material selection is a large part of the decision-making process, but other factors such as filling, transportation handling and the seal are also important considerations.

KURT: They are. You can never guarantee 100% exclusion of oxygen in the pack. Oxygen can be introduced by choosing the wrong packaging material of course, but it can also be a result of not optimising the filling machine settings or heavy handling during transport, in-store and after purchase.

The packaging material can have an extremely high barrier, but if you have lots of leakers in your seals, this is not bringing the required benefit. This is where there's a huge benefit to working with technical experts, like our Field Technical Services team, who can help you set up your filling machine parameters for proper sealing to avoid air leaks.

Disclaimer

Amcor plc published this content on 16 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 July 2021 14:16:07 UTC.


© Publicnow 2021
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Sales 2022 13 170 M - -
Net income 2022 1 102 M - -
Net Debt 2022 5 436 M - -
P/E ratio 2022 23,1x
Yield 2022 2,98%
Capitalization 25 192 M 18 321 M -
EV / Sales 2022 2,33x
EV / Sales 2023 2,28x
Nbr of Employees 46 000
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Number of Analysts 11
Last Close Price 16,47 $
Average target price 12,86 $
Spread / Average Target -21,9%
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Managers and Directors
Ronald Stephen Delia Chief Executive Officer, Director & MD
Michael John Casamento Chief Financial Officer & Executive VP-Finance
Graeme Richard Liebelt Chairman
Armin Meyer Deputy Chairman
Karen Jane Guerra Independent Non-Executive Director