Amcor expands footprint in China with packaging acquisition

By Michelle Yeomans

- Last updated on GMT

Related tags Carbon dioxide Greenhouse gas

Amcor expands footprint in China with packaging acquisition
Amcor has acquired Zhongshan Tiancai Packaging, expanding its footprint in China to ten manufacturing plants.

The deal consists of one manufacturing plant located in the Guangdong province of Southern China specialised in printing and manufacturing multi-layer films.

As part of the agreement, 390 employees are set to join Amcor, bringing with them strong packaging expertise in the South China region and beyond.

"The acquisition is testament to our commitment to growth in China. As a market leader in flexibles packaging in China, it is also an opportunity for us to further build our innovation expertise and product offering for our customers,” ​says Ralf K. Wunderlich, Amcor president.

"Together with the existing plants, Amcor continues to broaden its capabilities to serve leading local and multinational customers​," he adds.

Amcor also working on sustainable footprint

As part of its sustainable initiative, the global packaging giant has also pledged significant reductions in energy use, waste and CO2 emissions.

Sustainability in packaging has become one of the hottest industry topics, with many packaging companies striving to draw attention to initiatives and renewed targets that aim to enhance the environment as well as operating efficiency.

The Australia-based company, which is active in the food, medical, pharmaceutical and personal care markets, says that the targets established back in 2011 will be in place in the fiscal year 2015 / 2016.

“Our approach to sustainability continues to evolve and move beyond compliance and operational efficiencies to one that will drive sustainability across the supply of packaged goods,”​ said Ken Mackenzie, Amcor managing director and CEO.

Those environmental targets include:

  • 10 per cent reduction in greenhouse emissions
  • 50 per cent reduction in waste to landfill
  • 25 per cent reduction in potable water at the company’s Australian sites

There is also a longer-term dimension to the targets, with plans to reduce greenhouse emissions by 60 per cent by fiscal year 2029/2030; this figure is calculated from the emissions for the year 2005/2006 – figures that are all on the ISO greenhouse gas reporting standard.

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