Ken McKenzie, CEO of Amcor Ltd., the world's largest plastic bottle manufacturer, said that the company hopes to invest 850 million Australian dollars (US$762 million) in huge amounts of plastic bottle projects in Australia, as well as tobacco in emerging markets. Flexible packaging.
Amcor intends to expand again after two years of improvement in business operations. It reiterated on October 24th that in spite of the increase in raw material and oil costs, in local currency, it is expected that the company’s retained business revenue will be higher this year than last year. .
Amcor expects that the continuous operation of the plastic bottle business will achieve strong profit growth this year in local currencies. McKenzie said that he was very calm about analysts' predictions of the company's annual profit. He added that the results of the company's performance will greatly depend on the strength of the Australian dollar against the US dollar and the euro.
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