Amcor introduces its newest paper-based packaging platform in January 2022
In January 2022, Amcor plc (Amcor) unveiled its innovative line of paper-based packaging platform. The new paper-based packages, titled AmFiber, is a sustainable alternative to plastic. AmFiber packaging will be released for snacks and confectionary items in Europe in mid-2022, before expanding its paper-based offerings into other segments, including coffee, drink powders and seasonings. The new platform at Amcor falls in line with the company’s goal to make all of its packaging recyclable or reusable by 2025.
New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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