|Traded as||ASX: AMC|
|Founded||As "Australian Paper Manufacturers" - 1860
As Amcor - 1986
|Headquarters||Hawthorn, Victoria, Australia|
|Ken MacKenzie, CEO & Managing Director|
|Revenue||$9.5 billion sales|
Number of employees
Amcor (ASX: AMC)creates packaging solutions using flexibles and rigid plastics packaging. Amcor products protect food, beverage, pharmaceutical, medical, personal, home and personal care goods. Headquartered in Melbourne, Australia, the company employs 27,000 people worldwide and has operations across 43 countries.
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.
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, makes 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.
On 18 August 2009, Amcor announced an offer to acquire a range of Alcan packaging assets from Rio Tinto. There is an estimated purchase price of A$2 billion for the food, beverage, tobacco and pharmaceutical businesses. 
In 2010 Amcor completed the acquisition of Alcan Packaging food Europe, food Asia, global pharmaceutical, and global tobacco businesses from Rio Tinto for a total consideration of $1.95bn 
In 2011 Amcor Packaging Distribution acquired Marfred Industries, one of the largest independently owned packaging manufacturers and packaging distributors in the United States.
In 2012 the Amcor Australasia Beverage division acquired the business assets of Carter & Associates, a major distributor of Amcor glass wine, champagne and spirit bottles in New Zealand.
In 2012 Amcor Flexibles Asia Pacific acquired the Aperio Group packaging company, adding further capability in Australia, New Zealand and Thailand. This business also acquired Uniglobe Packaging, a business based in Daman, north of Mumbai, India in the same year.
In 2013 Amcor announced that it was demerging its Australia and New Zealand packaging operations and its global distribution business into a new company that will be listed on the Australian Securities Exchange.
Capital Group Companies invested 9.42% into Amcor.
The company has two major broad lines of packaging products: Rigid Plastics, Flexibles. Rigid plastics include packaging for beverages, food, pharmaceuticals, personal & homecare. Amcor claims to be "the world's largest producer of PET bottles."
Flexibles includes pharmaceuticals and hospital supplies, food, drink pouches, etc. The company also has a division which makes paper packaging for tobacco products; and it manufacturers various caps and laminates.
Amcor's Sustainability Review
Amcor's 2014 Sustainability Review details the company’s sustainability performance for the FY2013-2014 period. This is the twelfth year the company has published information and data on its environment, social and economic performance.
Amcor’s approach to sustainability has five focus areas: environment, community, workplace, marketplace and economy. Performance is measured in each of these areas to allow for benchmarking against international standards and other corporate peers.
Performance highlights for 2014 include:
- Best ever safety results with a 20% reduction in injury rates compared to the previous year.
- Reduced waste to landfill intensity by 53%; water use intensity by 16%; and our green house gas emissions intensity by 19%.
- Nearly 600 life cycle assessments completed, bringing the total in the ASSET™ database to over 4200. These assessments are designed to support data-based decisions about responsible packaging that take into account sustainability impacts across the entire product lifecycle.
- Launched the Amcor Community Program with five million dollars over five years allocated to the Program.
Amcor is listed on global and regional market indices, including the Dow Jones Sustainability Asia Pacific Index; the Carbon Disclosure Leadership Index, Materials Sector, Australia and New Zealand region; and the FTSE4Good index.
The Amcor 2014 Sustainability Review has been prepared in accordance with the GRI’s Sustainability Reporting Guidelines (2006) and AccountAbility’s AA1000 Assurance Standard (2008). Netbalance, one of the largest providers of sustainability advice, assurance, and research in Australia, has independently assessed the Report and confirmed that it meets the requirements for the B+ GRI Application Level.
In December 2004, the CEO, Russell Jones, resigned on the request of the board after press reports revealed that the Australian Competition and Consumer Commission (ACCC) was investigating the company for engaging in cartel practices. Such practices are a serious breach of Australia's corporate laws. News of the investigation came to light after the company sued five former executives in an attempt to prevent them providing information and documents to the relevant regulator, the ACCC.
In 2007, Amcor sold its European bottle/preform business to La Seda, a Spanish based resin manufacturer.
- Contact Amcor Worldwide
- "Australian Paper Manufacturers Ltd (APM)". Corporate entry - Encyclopedia of Australian Science. Retrieved 10 July 2011.
- "Group History - PaperlinX". paperlinx.com.au. Archived from the original on 25 July 2011. Retrieved 10 July 2011.
- "Amcor acquires majority Alcon Packaging businesses from Rio Tinto". New Statesman. 2010-02-15. Retrieved 2010-02-15.
- "Packaging for beverages". Amcor. Retrieved 13 August 2014.
- E.K. Sinclair, "The Spreading Tree, A history of APM and Amcor 1844-1989", Allen and Unwin, 1990