Amcor Rigid Plastics plant Manchester Michigan.JPG
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Amcor plc is a global
packaging Packaging is the science, art and technology of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and producing packages. Packaging can be described as a co ...
company. It develops and produces flexible packaging, rigid containers, specialty cartons, closures and services for food, beverage, pharmaceutical, medical-device, home and personal-care, and other products. The company originated in paper milling businesses established in and around
Melbourne, Australia Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a metropol ...
, during the 1860s. These were consolidated as the Australian Paper Mills Company Pty Ltd, in 1896. Amcor is a dual-listed company, being listed on the
Australian Securities Exchange Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as ...
() and New York Stock Exchange (NYSE: AMCR). , the company employed 44,000 people and generated US$14.5 billion in sales from operations in some 200 locations in over 40 countries. Reflecting its global status, Amcor is included in several international stock market indices, including the
Dow Jones Sustainability Index The Dow Jones Sustainability Indices (DJSI) launched in 1999, are a family of indices evaluating the sustainability performance of thousands of companies trading publicly, operated under a strategic partnership between S&P Dow Jones Indices and Ro ...
, CDP Climate Disclosure Leadership Index (Australia), the MSCI Global Sustainability Index, the Ethibel Excellence Investment Register, and the FTSE4Good Index Series.


Structure

Amcor has two reporting segments: Flexibles Packaging and Rigid Plastics. Flexibles Packaging develops and supplies flexible packaging and specialty folding cartons. It has four business units: Flexibles Europe, Middle East and Africa; Flexibles Americas; Flexibles Asia Pacific; and Specialty Cartons. Rigid Plastics is one of the world's largest suppliers of rigid
plastic packaging Plastic containers are containers made exclusively or partially of plastic. Plastic containers are ubiquitous either as single-use or reuseable/durable plastic cups, plastic bottles, plastic bags, foam food containers, Tupperware, plastic tub ...
. It has four business units: North America Beverages; North America Specialty Containers; Latin America; and Bericap Closures.


History

Australian Paper Manufacturers was renamed Amcor Limited in 1986. Previously, the company manufactured pulp paper and paperboard products, along with metal can and flexible packaging. The printing paper divisions were spun-off into a new company, named Paperlinx, in April 2000. This demerger was intended to enable Amcor to focus on global packaging. Amcor's 45 percent interest in Kimberly-Clark Australia, a tissue and personal-care products company, was divested in June 2002.


Mergers and acquisitions

In July 2002, Amcor acquired the rigid packaging and closures businesses of Schmalbach-Lubeca, headquartered in
Ratingen Ratingen ( li, Rotinge) is a town in the district of Mettmann in North Rhine-Westphalia, Germany. It lies in the northwestern part of Berg about 12 km northeast of Düsseldorf. Administration With a communal reform of 1975 the independent mu ...
, Germany. This acquisition, at a cost of around $2.875 billion, made Amcor the largest manufacturer of PET (
Polyethylene terephthalate Polyethylene terephthalate (or poly(ethylene terephthalate), PET, PETE, or the obsolete PETP or PET-P), is the most common thermoplastic polymer resin of the polyester family and is used in fibres for clothing, containers for liquids and foods ...
) containers, globally. In 2007, Amcor sold its European PET business to La Seda, a Spain-based manufacturer. In February 2008, Amcor announced the construction of a 400,000-tonnes per annum recycled paper mill located at its existing paper mill in Botany, New South Wales. The 'B9' paper machine, so named as it was the ninth paper machine to operate at the Botany Mill, was commissioned in 2012 and was officially opened by the Premier of New South Wales, Barry O'Farrell, on 1 February 2013. The B9 paper machine produced enough paper to fulfill the company's Australasian paper requirements, and as a result, Amcor's other recycled paper mill in Fairfield, Victoria, closed in late 2012. In 2010, Amcor completed the acquisition of Alcan's food ( Europe and Asia) and global pharmaceutical and tobacco businesses from Rio Tinto for US$2.03 billion. In 2011, Amcor acquired Marfred Industries, one of the largest independently owned packaging manufacturers and distributors in the United States. In 2012, Amcor acquired the business assets of Carter & Associates, a major distributor of Amcor glass wine, champagne and spirit bottles in New Zealand. In 2012, Amcor acquired the Aperio Group packaging company, adding further capability in Australia, New Zealand and Thailand. This company also acquired Uniglobe Packaging, a business based in
Daman Daman may refer to: place Places *Dadra and Nagar Haveli and Daman and Diu, a union territory in India **Daman and Diu, former union territory of India, now part of Dadra and Nagar Haveli and Daman and Diu **Daman district, India ***Daman, India ...
, north of Mumbai, India, in the same year. In December 2013, Amcor demerged its Australasia and Packaging Distribution (AAPD) business into a separate company called Orora, which is listed on the Australian Securities Exchange. The spin-off allowed Amcor to focus on making flexible- and rigid-plastic packaging and tobacco packaging, mostly for overseas markets. In 2015, Amcor's chairman, Graeme Liebelt, advised that
Ken MacKenzie Kenneth Purvis MacKenzie (born March 10, 1934) is a Canadian former relief pitcher in Major League Baseball. He played with the Milwaukee Braves (1960–61), New York Mets (1962–63), St. Louis Cardinals (1963), San Francisco Giants (196 ...
would retire as CEO effective 17 April 2015 and would be succeeded by Ron Delia. In July 2015, Nampak Flexibles, a flexible packaging business in South Africa was acquired by Amcor for US$22 million. In September 2015, the US$30 million acquisition of
Souza Cruz Souza Cruz S.A. is a Brazilian tobacco manufacturing company based in Rio de Janeiro. Souza Cruz is a subsidiary of British American Tobacco. The company was founded in 1903 by the Portuguese immigrant Albino Souza Cruz, who in 1914 converted th ...
's internal tobacco packaging operations in Brazil was completed. This acquisition aligned with Amcor's objective of growing in Latin America. In October 2015, the US$55 million acquisition of Encon, a privately owned preform manufacturing business in the United States, was completed. In December 2015, the US$45 million acquisition of Deluxe Packages was completed. The business operated one manufacturing plant in Yuba City, California. In May 2016, Amcor acquired Canadian company Plastics Moulders Limited for US$32 million. The rigid plastics business manufactured containers and closures for the food, home, and personal-care markets in
North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
from a single plant in Toronto. In June 2016, Amcor acquired Alusa, the largest flexible packaging business in South America for a purchase price of US$435 million. It was the largest flexible packaging manufacturer and supplier in Chile and Peru, and a participant in
Colombia Colombia (, ; ), officially the Republic of Colombia, is a country in South America with insular regions in North America—near Nicaragua's Caribbean coast—as well as in the Pacific Ocean. The Colombian mainland is bordered by the Car ...
and Argentina, with one plant in each of these four countries. In November 2016, the specialty containers business of Sonoco Products Company, a manufacturer of specialty rigid plastic containers, was acquired by Amcor for US$280 million. The former Sonoco business had six production sites in the United States and one in Canada. In January 2017, Amcor acquired Qite for US$28 million. The
North China North China, or Huabei () is a List of regions of China, geographical region of China, consisting of the provinces of Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia. Part of the larger region of Northern China (''Beifang''), it lies north ...
business produced flexible packaging products to large domestic customers in the dairy and food segments. In May 2017, Amcor acquired Plasticos, a specialty container business, from a leading food producer in Colombia. The acquisition expanded Amcor’s specialty container product offerings in Latin America, including thin-wall injection moulding and in-mould labelling. In August 2018, Amcor announced the acquisition of
Bemis Company Bemis Company, Inc. was a global manufacturer of flexible packaging products (ranging from self-venting cook-in-bag packaging and retort packaging for shelf-stable products, to vacuum packaging for meat products and puncture-resistant, sterile me ...
, a US-based manufacturer, through the acquisition of US$5.25 billion in shares. Amcor purchased Marfred Industries in 2018, making it one of the largest independently held package makers and distributors in the United States.


Products

Amcor develops and produces packaging for use with snacks and confectionery, cheese and yoghurt, fresh produce, beverage and pet food products, and rigid-plastic containers for brands in the food, beverage, pharmaceutical, and personal and home-care segments. The company's global pharmaceutical packaging addresses requirements for unit doses, safety, patient compliance, anti-counterfeiting and
sustainability Specific definitions of sustainability are difficult to agree on and have varied in the literature and over time. The concept of sustainability can be used to guide decisions at the global, national, and individual levels (e.g. sustainable livi ...
. Amcor's specialty cartons made from plastic materials are used for a variety of end markets, including pharmaceutical, healthcare, food, spirits and wine, personal and home-care products. Amcor also develops and makes wine and spirit closures. In February 2018, the company commercialised its Liquiform technology, which uses the packaged product instead of compressed air to simultaneously form and fill plastic containers and eliminates costs associated with traditional blow-molding, as well as handling, transporting, and warehousing empty containers.


Controversies

In 2001, Amcor was fined A$10,000 by
EPA Victoria The Environment Protection Authority Victoria (EPA) is Victoria’s environmental regulator. EPA is an independent statutory authority A statutory body or statutory authority is a body set up by law (statute) that is authorised to implem ...
for pollution. In 2006, a
Four Corners The Four Corners is a region of the Southwestern United States consisting of the southwestern corner of Colorado, southeastern corner of Utah, northeastern corner of Arizona, and northwestern corner of New Mexico. The Four Corners area ...
story, titled The A Team, revealed the controversial methods used by Amcor to influence forestry policies. In 2007, following investigations by the Australian Competition & Consumer Commission, Amcor and
Visy Visy Industries (known as Pratt Industries USA in the US) is an Australian-American company was established in Melbourne in 1948 and is a privately owned paper, packaging and recycling company. Visy was owned by Richard Pratt until his death ...
were found to have engaged in price fixing and market sharing in the market for the supply of corrugated fibreboard packaging. In 2008, Amcor was convicted by the Heidelberg Magistrates' Court for releasing oil to the Yarra River from its Alphington, plant and fined $80,000. In 2021, Amcor were ranked 7th on Michael West's "Top 40 Tax Dodgers in Australia".


See also

* List of paper mills


References


Further reading

* E.K. Sinclair, "The Spreading Tree, A history of APM and Amcor 1844-1989",
Allen & Unwin George Allen & Unwin was a British publishing company formed in 1911 when Sir Stanley Unwin purchased a controlling interest in George Allen & Co. It went on to become one of the leading publishers of the twentieth century and to establish an ...
, 1990
Amcor's History


External links

* {{authority control, state=expanded Companies based in Zürich Companies listed on the Australian Securities Exchange Companies listed on the New York Stock Exchange Dual-listed companies Manufacturing companies established in 1860 Manufacturing companies of Australia Packaging companies Pulp and paper companies of Australia Offshore companies of Jersey