Amcor Ltd.
New financial filings by Evansville, Ind.-based Berry, which is being acquired by Amcor plc, reveal it had to consider three other potential deals in 2024.
While executives highlight procurement synergies and a stronger product portfolio in Amcor's purchase of Berry, industry analysts remain doubtful, citing limited growth opportunities and post-pandemic stagnation in the packaging sector.
After first being appointed as interim leader in April, Peter Konieczny now takes over the global plastic packaging firm.
The head of Amcor Rigid Packaging, a bottle maker, said opposition is not shy about bashing plastics so the plastics industry must respond in kind.
Ron Delia has been leader of the global plastic packaging maker for nine years and will still provide advice in the months ahead.
Packaging supplier Amcor Flexibles North America Inc. is making an "eight-figure" investment to expand its North American thermoforming capacity for the health care market.
Amcor developed the 50 percent recycled polypropylene packaging for client Crativ Engineered Packaging for use in Canada.
About 100 workers walked off the job for two weeks in a dispute with the company over wages.
Unionized employees walked off the job July 29 after bargaining broke down regarding pay, the last remaining issue during negotiations.
The time to act is now for those in the plastics industry to tout the benefits of the material amid criticism, says Amcor Rigid President Eric Roegner.
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