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Stock impact report

Amcor develops world-first recyclable retort flexible packaging

Amcor plc Ordinary Shares (AMCR) 
Last amcor plc ordinary shares earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: PR Newswire
ZURICH, Sept. 28, 2020 /PRNewswire/ -- Amcor, a global leader in packaging, today announced the world's first recyclable flexible retort pouch. The technical breakthrough, which many considered impossible, follows years of dedicated research and investment. The product, which uses Amcor's AmLite HeatFlex Recyclable solution, has the potential to be used in a variety of retort applications where products with a long shelf life require high-barrier, high-heat resistant packaging. "The technology to solve the problem of retort recyclability simply did not exist," says Amcor's Chief Commercial Officer Peter Konieczny. "Amcor's innovation represents a breakthrough for brand owners looking to reach their sustainability ambitions. Brands will be able to stand out and meet consumers' growing demand for more sustainable products by replacing older formats with the latest in cutting-edge packaging technology."Creating a recyclable version was considered such a difficult challenge because it add Show less Read more
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