Packaging company Amcor has been granted a European patent for its AmFiber Performance Paper, a high-barrier, paper-based packaging solution that combines recyclability with high-speed customer line performance.
AmFiber Performance Paper, with its thin film barrier, caters to food- and healthcare-grade packaging.
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The company stated that the European patent recognises the innovative barrier materials and patterned sealable material of AmFiber Performance Paper, which offers a ‘unique’ set of functional attributes for paper-based packaging.
The AmFiber portfolio is currently available on store shelves worldwide and is suitable for a variety of applications, including snacks and confectionery, dry culinary and beverage products, meat and dairy, as well as home and personal care items.
Amcor Global Product Management AmFiber’s vice-president Ilya Syshchikov said: “With its superior barrier properties, high performance and excellent runnability, AmFiber Performance Paper is an ideal choice for brands across the globe seeking recyclable paper-based packaging solutions.
“Receiving the European patent is acknowledgement of Amcor’s leadership in paper-based packaging development and is an important step toward creating a circular economy.”
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By GlobalDataAmcor focuses on developing packaging that is recyclable or reusable, lightweight, and incorporates an increasing amount of recycled content.
The company operates across 212 locations in 40 countries and has 41,000 employees.
Earlier this month, Amcor posted a 3% decline in net sales for the first quarter of fiscal year 2025 (FY25), with figures falling to $3.35bn from $3.44bn in the corresponding period of FY24.
Its net income as calculated via generally accepted accounting principles was $191m, growing 25.6% from $152m in the prior year’s same period.
Recently, Amcor signed an agreement to sell its 50% interest in the Bericap North America joint venture (JV) for $122m.
Producing closures for various markets such as food and beverage, the JV operates three facilities across the US, Canada, and Mexico.
