Today (January 30th), packaging company Shanghai Ailu announced that it has signed a “Strategic Cooperation Framework Agreement” with Amcor Packaging (Shanghai) Co., Ltd. (referred to as “Amcor”) on January 30th. The two parties intend to engage in deep cooperation in areas such as contract manufacturing, product research and development, and technological applications.
Public information shows that Shanghai Ailu was established in 2006 and is mainly engaged in the research, design, production, sales, and services of industrial paper packaging, plastic packaging, and intelligent packaging systems. It is a leading domestic industrial paper packaging company, with customers including DSM-Firmenich, Dow Chemical, BASF, and others.
Amcor is a subsidiary of Amcor plc in Shanghai. Amcor is one of the world’s top packaging companies and holds a leading position in the food, pharmaceutical, healthcare, cosmetics, and tobacco packaging fields. Its customers include L’Oréal, Colgate-Palmolive, Unilever, Yunnan Baiyao, and others. In 2023, Amcor’s annual revenue reached $14.694 billion, with a net profit attributable to shareholders of $1.048 billion.
It is reported that Shanghai Ailu and Amcor will cooperate in the areas of MPM products, BIB products, POE products, etc., through contract manufacturing. They will also jointly sell and serve the market based on their respective product competitive advantages and technology platforms, forming a mutually beneficial upstream and downstream partnership. In addition, the two parties also plan to establish a joint research and development team and jointly invest in the research and development of future new technologies and applications.
Shanghai Ailu stated that the agreement with Amcor aims to jointly achieve comprehensive environmental packaging solutions by 2025. They will provide professional support in packaging innovation, dual-carbon projects, and promote advances in industry key technologies and equipment levels through forward-looking technological research and multidirectional academic-industry collaborations.
