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    AMC   AU000000AMC4

AMCOR PLC

(AMC)
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End-of-day quote. End-of-day quote Australian Stock Exchange - 09/23
16.13 AUD   -0.62%
09/23AMCOR : Packaging solutions for a changing world
PU
09/20BROCHURE : AmPrima™ recycle ready solutions for cold seal flow wrap
PU
09/20INSIDER SELL : Amcor
MT
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Recycle-Ready Sachets and Stickpacks: healthcare innovations for a more sustainable future

07/28/2021 | 04:43am EDT

As the first global packaging company to pledge to develop all our packaging to be recyclable or reusable by 2025, we continue to innovate across the markets we serve to replace non-recyclable materials with recycle-ready alternatives. Even in the area of healthcare packaging, with its strict technical and performance requirements, we are making progress toward our goal. Following the breakthrough, recycle-ready AmSky thermoform blister solution announced in April, we are now proud to announce the ongoing development and trials of recycle-ready high-barrier sachets and stickpacks for pharmaceuticals. These products will help bring our pharmaceutical customers one step closer toward their own sustainability goals.

Sustainability in pharmaceutical packaging

The pharmaceutical industry, healthcare providers and patients are all increasingly aware of the need for more sustainable packaging. This means a growing demand for more sustainable solutions, while ensuring the quality and safety requirements that have always been fundamental when packaging pharmaceuticals.

Healthcare Sachet and Stickpack laminates today

Today, pharmaceutical Sachets and Stickpacks are based on mixed-materials which provide a highly efficient barrier against light, moisture and oxygen. The majority of this effective barrier comes from the aluminium layer. While effective, the current materials are not recyclable. Our latest innovations eliminate the need for this aluminium layer while continuing to ensure a high-barrier, creating a solution for pharmaceuticals that is recycle-ready and has a lower carbon footprint.

Amcor's recycle-ready Sachets and Stickpacks for pharmaceuticals

Amcor's recycle-ready Sachet and Stickpack solutions will offer options across the Polyolefin and paper recycling streams. The range will combine Polyolefin films or paper with a metalized barrier without compromising machinability. We are currently trialing recyle-ready metalized Polyolefin options that have sufficient barrier properties against moisture and oxygen for most pharmaceutical products.

The goal of this ongoing development is to help our customers comply with the EU Strategy for Plastics in a Circular Economy, which calls for 100% of plastic packaging to designed as recyclable or reusable by 2030. In addition, more sustainable packaging can deliver a reduction on key environmental impact indicators such as carbon footprint.

Customers can already request trials for our new 2-ply and 3-ply sachet specifications. Streamlined design, efficient machineability, and thermal resistance are key to the functionality of these materials. Both specifications deliver significant reductions of environmental footprint and have been extensively tested with the machine manufacturer Universal Pack.

Disclaimer

Amcor plc published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 08:42:02 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2022 13 264 M - -
Net income 2022 1 102 M - -
Net Debt 2022 5 406 M - -
P/E ratio 2022 16,5x
Yield 2022 4,17%
Capitalization 18 003 M 17 998 M -
EV / Sales 2022 1,76x
EV / Sales 2023 1,73x
Nbr of Employees 46 000
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 11,77 $
Average target price 12,85 $
Spread / Average Target 9,19%
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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