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Amcor builds cutting-edge coating facility, enhancing healthcare packaging access in Asia Pacific

1. Amcor opens advanced healthcare packaging facility in Malaysia. 2. Facility enhances supply chain security and reduces lead times. 3. First in Asia to use air knife coating technology. 4. Local production meets growing demand for sterile packaging. 5. Part of strategic expansion across Asia Pacific healthcare capabilities.

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Why Bullish?

The new facility enhances production capacity and efficiency, potentially boosting revenues. Historically, expansions have positively influenced stock prices for companies like Amcor.

How important is it?

The opening of the facility signifies growth potential, affecting investor confidence and stock performance. Strong local capabilities in Asia can yield long-term financial benefits.

Why Long Term?

The facility positions Amcor for sustained growth, meeting increasing regional demand. Similar expansions have resulted in market share gains for companies over time.

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New facility enhances supply chain security, reduces lead times and supports customers' growthFirst in Asia equipped with advanced air knife coating technologyFirst in Asia to produce both top and bottom substrates for medical device packaging, /PRNewswire/ -- Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, today announced that it has completed construction of its advanced coating facility for healthcare packaging in Selangor, Malaysia. This state-of-the-art facility is the first in Asia to leverage cutting-edge air knife coating technology, strengthening the supply of high-quality, sterile packaging for healthcare customers across the region. Amcor has completed construction of its advanced coating facility for healthcare packaging in Selangor, Malaysia. The new facility expands Amcor's existing healthcare packaging plant in Selangor, creating an integrated campus that makes Amcor the first in Asia to produce both top and bottom substrates for medical device packaging. This development delivers critical benefits to customers, including enhanced supply chain resilience and reduced lead times. Equipped with advanced technologies such as water-based coating systems, online inspection systems and air knife technology, the facility sets new standards for precision and efficiency. The air knife technology, in particular, uses high-speed air streams to ensure uniform coating application, enhancing product consistency and reducing material waste. "Amcor's investment in this new facility reflects our unwavering commitment to support our customers across the Asia Pacific region," said Chris Kenneally, president of Amcor Flexibles Asia Pacific. "By introducing advanced coating technology and boosting local production capacity, we are better positioned to meet the growing regional demand for sterile, reliable packaging and to offer our customers greater flexibility and security.""Producing our industry-leading global product platform locally brings us closer to our customers, enhancing supply security and flexibility," said Virginie Maes, vice president of global healthcare, Amcor. "By investing in advanced coating technologies and expanding our regional capabilities, we are not only addressing the growing demand for high-performance healthcare packaging but also reinforcing our promise to deliver a consistent and innovative value proposition to our customers worldwide."This new facility is part of Amcor's broader commitment to expanding its healthcare capabilities in the Asia Pacific region. Recent initiatives include the acquisition of healthcare packaging company MDK in China, the establishment of a grid lacquer paper unit in India and the construction of a co-extrusion blown film and printing plant in Singapore.About AmcorAmcor is a global leader in developing and producing responsible packaging solutions across a variety of materials for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect products, differentiate brands, and improve supply chains. The Company offers a range of innovative, differentiating flexible and rigid packaging, specialty cartons, closures and services. The company is focused on making packaging that is increasingly recyclable, reusable, lighter weight and made using an increasing amount of recycled content. In fiscal year 2024, 41,000 Amcor people generated $13.6 billion in annual sales from operations that span 212 locations in 40 countries. NYSE: AMCR; ASX: AMC  www.amcor.com I LinkedIn I YouTubeSOURCE Amcor WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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