August 2022: Amcor PLC announced the acquisition of a flexible packaging plant located in the Czech Republic. The strategic location of the plant enhances Amcor’s ability to meet strong demand and customer growth in its European flexible packaging network. In addition, with this acquisition, the company is committed to accelerating the organic growth momentum of its European flexible business in attractive market segments, and the scalability of the acquired plant and its strategic location further enhance Amcor’s ability to meet strong customer demand and generate strong returns in the future. The acquired plant is a greenfield development project commissioned by DG Pack in 2019, equipped with state-of-the-art specialized equipment for attractive market segments such as coffee and pet food. The acquired land and buildings also provide the company with the option to significantly scale up operations and establish an efficient production center.
July 2022 – The US state of California implements legislation to reduce plastic pollution and expand producer responsibility laws. SB 54 requires that all plastic packaging in California be 30% recycled by January 2028, 40% by January 2030, and at least 65% by January 2032. In addition, among other responsibilities, SB 54 requires that 25% of plastic packaging be recycled. Reductions in single-use plastic waste sources compared to 2023 levels means that by 2032, the industry needs to stop distributing an amount of plastic equal to 25% of the plastic packaging distributed in California in 2023 (by unit count and weight).
April 2022 – Amcor announces expansion of pharmaceutical packaging line with new environmentally friendly High Shield laminates. The new low carbon packaging options meet industry requirements for high barrier and performance while advancing pharmaceutical companies’ recyclability goals. These new High Shield technologies provide solutions for more environmentally friendly pharmaceutical bags, stickpacks and strippacks made from paper-based and polyolefin-based materials. Creative material structures help pharmaceutical companies differentiate themselves in the market by enabling recycling readiness that meets regional expectations.
