BRISBANE, AUSTRALIA — Amcor Ltd. is reconsidering plans to close its Brisbane Containers Packaging plant, which makes 20 percent of Amcor's PET and high density polyethylene bottles for Australasia.
The company had planned to sell or close the plant in the first half of this year. But David Brown, Containers Packaging plant general manager, said Amcor now is reassessing the decision, and will determine the fate of the plant by June.
The Brisbane plant makes PET and HDPE bottles for the soft drink, juice and milk industries. PET accounts for 25 percent of production, and HDPE for 75 percent. Brown said the plant still is performing below Amcor's desired rate and improvements are planned.
Brown said Containers Packaging, headquartered in Melbourne, Australia, no longer will seek new soft drink clients. Instead, it will focus on securing HDPE customers and will consider customized PET options. Sydney, Australia-based Coca-Cola Amatil Ltd.'s decision to manufacture its own PET bottles meant there was not a great chance of picking up more soft drink contracts, he said. Coca-Cola Amatil is a subsidiary of Atlanta-based Coca-Cola Co.
Melbourne-based Amcor, one of Australia's largest companies, is a plastics packaging and paper manufacturer with annual global sales of more than A$6 billion (US$4.08 billion).