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Reports of plastic's death were exaggerated, Amcor bets

from Bloomberg

It’s tempting in our era of bans on plastic bags, straws and cups to suppose that the era of polymers is coming to an end. Amcor Ltd. is prepared to bet $5 billion that’s not about to happen. The company is planning to pay that amount in its own shares to take over Bemis Co. in a deal that would make it the biggest producer of non-paper packaging globally. more

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