New global giant in PET packaging. (In Brief).Last month, Amcor Ltd. of Australia agreed to acquire the PET container and closure operations of Schmalbach-Lubeca of Germany. Schmalbach is the world's largest maker of PET containers and is the leader in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, and Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . It has 33 PET plants in 17 countries and produces around 18.4 billion containers a year. Amcor, parent of Amcor Twinpak Americas, Mississauga, Ont., has 18 PET plants--seven in Canada, four in the U.S., four in South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. , and three in Australia & New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. . They produce 6.4 billion containers annually. Together, these operations--51 plants in 20 countries, with 5600 employees--produce 12% of global PET packaging, about three times as much as the nearest competitor. The expanded Amcor will have 21% of U.S. and Canadian production, roughly double the size of its largest competitor. In addition, Scbmalbach-Lubeca White Cap is one of the world's leading makers of food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. closures in metal and plastic. Amcor is a joint-venture partner with Bericap Group of Germany in Bericap Inc., a plastic closure maker based in Burlington, Ont. With Schmalbach, Amcor will have nine plastic closure plants in eight countries and will account for half the specialty plastic closures market in the U.S. |
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