Amcor announced its AmFiber™ Performance Paper packaging is now available to customers in Latin America seeking a high barrier, recyclable paper-based packaging solution. Launched first for the confectionery market with cold seal, it has been recently expanded to include heat seal sachets for dry culinary and beverage applications, such as instant coffee, drink powders, spices, seasonings, and dried soups. With more than 80% paper fiber content and PVDC-free, this latest material innovation is recyclable, where a paper recycling stream exists. In addition to expanding its application to new product categories, Amcor has invested in manufacturing capacity to meet growing global demand for this kind of paper packaging, including an integrated a state-of-the-art production line in its Amcor Flexibles Alzira plant in Spain.
Total packaging papers & specialty packaging shipments in February decreased two percent compared to February 2020. They were up one percent when compared to the same two months of 2020.
The operating rate was 84.5 percent, essentially flat (-0.2 pts.) from February 2020 and up 0.6 points year-to-date.
Mill inventories at the end of February increased 4,000 short tons from the previous month and were up 14,000 short tons compared to February 2020.