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Stock impact report

Amcor launches sustainable packaging challenge for start-ups [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 company describes the initiative as focused on critical research and development priorities for flexible and paper-based packaging. The challenge builds on previous editions that fostered partnerships with companies in AI-powered waste analytics, reusable packaging and bio-based materials. Start-ups are encouraged to submit solutions addressing three key areas: home-compostable adhesives for flexible packaging, high-performance compostable oxygen transmission rate barriers for paper packaging, and nature-based barrier additives for film formulation. The challenge will proceed in three phases, with selected start-ups invited to present their technologies to Amcor's research and development team for opportunities including joint development and potential investment of up to $500,000. Amcor vice-president of corporate venturing and open innovation Frank Lehmann stated: "The Lift-Off initiative has delivered outstanding results, and we are eager to carry this success forward. Show less Read more
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