Australian Paper Manufacturers
 |
|
| public | |
| Traded as | ASX: AMC |
| Industry | Packaging |
| Founded | As "Australian Paper Manufacturers" - 1860 As Amcor - 1986 |
| Headquarters | Hawthorn, Victoria, Australia |
|
Key people
|
Ron Delia, CEO |
| Products | Packaging |
| Revenue | $9.5 billion sales |
|
Number of employees
|
28,000 |
| Website | http://www.amcor.com |
Amcor Limited is an Australian-based multinational packaging company producing flexibles and rigid plastics packaging. Amcor products protect food, beverage, pharmaceutical, medical, personal, home and personal care goods.
The company headquarters are in Zurich Switzerland. The company continues to maintain an Australian head office at the former company headquarters building in Hawthorn Victoria as it is listed on the Australian Securities Exchange. The company is also included in several international including the Dow Jones Sustainability Asia Pacific Index, the Carbon Disclosure Leadership Index and the FTSE4Good index reflecting its multinational status.
Amcor Limited was formed in 1986 when Australian Paper Manufacturers was renamed. The company manufactured pulp paper and paperboard products, along with metal can and flexible packaging.
In April 2000, Amcor demerged its printing papers business to focus on its global packaging operations. The spin-off company was named Paperlinx.
Amcor's 45% interest in Kimberly-Clark Australia, a tissue and personal care products company, was divested in June 2002.
In July 2002 Amcor acquired the polyethylene terephthalate (PET) and Closures businesses of Schmalbach-Lubeca, headquartered in Ratingen, Germany. This acquisition, at a cost of around $2.875 billion, made Amcor the largest PET manufacturer globally.
Amcor announced in February 2008 the construction of a 400,000 tonnes per annum paper recycled mill located at its existing paper mill in Botany, NSW. The ‘B9’ paper machine, so named as it is the ninth paper machine to operate at the Botany Mill, was commissioned in 2012 and was officially opened by NSW Premier, the Hon Barry O’Farrell, MP on 1 February 2013. The B9 paper machine produces enough paper to fulfill the company’s Australasian paper requirements, and as a result, Amcor’s other recycled paper mill located on the banks of the Yarra River in Fairfield, VIC, ceased operation in late 2012.
In February 2009, it was confirmed by Julie McPherson (Group Company Secretary) that Amcor was negotiating the takeover of some flexible packaging assets from the Rio Tinto Group.
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