Amcor (ASX:AMC) launched a paper-based refill pack for instant coffee and dry beverage products, the AmFiber Performance Paper stand-up pouch, according to a Tuesday release from the firm.
The pouch will launch first across the Europe, Middle East, and Africa region, the packaging firm said.
It is certified for recyclability by the Confederation of European Paper Industries and Aticelca, and it was designed to be recyclable in most European countries.
The company's shares fell almost 1% in recent trading on Wednesday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.