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Stock impact report

Amcor launches medical packaging plant in Malaysia [Yahoo! Finance]

Amcor plc Ordinary Shares (AMCR) 
Last amcor plc ordinary shares earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The project brings air-knife coating capability to the region for making coated medical paper used in sterile medical device packaging. It entailed an investment of more than $35m, which was facilitated by Malaysia's Investment Development Authority (MIDA). MIDA CEO Sikh Shamsul Ibrahim Sikh Abdul Majid said: “Beyond expanding capacity, this facility strengthens local supply chain resilience, accelerates technology adoption and supports the development of skilled Malaysian talent, in line with the New Industrial Master Plan 2030 and our National Investment Aspirations.” With the new plant, Amcor's healthcare packaging activities in the country now form a fully integrated manufacturing site. The company said it would add dual sourcing capacity, support supply continuity over the longer term and provide a base for moving products from pilot runs to larger-scale output. The site would help with trials, technical work with customers and the path to commercial production in the Show less Read more
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