the Australian packaging giant Amcor divides into two

According to reports, the Australian packaging giant Amcor will be a global business restructuring, the company One divides into two. Amcor said, the company will continue to retain its independent plastics business unit, and the business integration to other units, the establishment of a new company.

It is reported, Amcor has made significant business adjustment is because the termination of the distribution and the Australian packaging company (AAPD) cooperation. AAPD also at the end of the year to the identity of the listed Independent Company. Since then, AAPD will be responsible for the Australian and New Zealand markets fiber, glass and drink cans packaging operations, while Amcor focuses on Australia and North America packaging business. The two sides to terminate the cooperation is mainly because the Amcor soft and hard plastic packaging business is too strong, limits the developing space of AAPD.

A Amcor spokesman said, in the termination of cooperation with AAPD, company conducted a major adjustment to the business unit's, further defined the development goals and strategic deployment of next year. The next few years, the company focus will shift to soft and hard plastic packaging and tobacco packaging.