Amcor to support Cadbury Australia’s move to 50% recycled plastic across core chocolate portfolio wrappers

Amcor (NYSE: AMCR, ASX: AMC), a global leader in developing and producing responsible packaging solutions, signed a deal with Cadbury to source ~1,000 tons of post-consumer recycled plastic to wrap its core Cadbury chocolate range, accelerating Cadbury’s ambitions to reduce its virgin plastic needs.

In 2022, Cadbury announced it had sourced ~30% (on a mass balance basis^) of the plastic needed to wrap its 160g to 185g Cadbury Dairy Milk family blocks produced in Australia from recycled materials. With its latest purchase, Cadbury aims to use ~50%# (on a mass balance basis^) recycled plastic for its wrappers across its chocolate blocks, bars and pieces range produced in Australia. This will be equivalent to halving its virgin plastic needs to wrap those products.+

The rollout of recycled material is expected to begin in Q1 of 2024, starting with blocks and expanding into bar lines such as Cherry Ripe, Crunchie and Twirl as well as pieces wraps for Roses and Favourites.
https://www.amcor.com/media/news/amcor-supports-cadbury-move-to-50-percent-recycled-plastic

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