Amcor PLC (STU:485B)
€ 9.15 -0.2 (-2.14%) Market Cap: 13.22 Bil Enterprise Value: 20.11 Bil PE Ratio: 19.32 PB Ratio: 3.78 GF Score: 79/100

Amcor plc Presents at Bank of America 2021 Global Agriculture & Materials Conference, Mar-04-2021 07:00 AM Transcript

Mar 04, 2021 / 12:00PM GMT
Release Date Price: €9.6 (+1.05%)
Steve Byrne
BofA Securities, Research Division - Director of Equity Research

Good morning, everyone, and good afternoon to some of you. Thanks for joining us on day 2 of our Global Ag & Materials Conference. It's a pleasure to co-host this first session with my longtime colleague, George Staphos. So George and I have for quite some time, had a lot of discussion on the whole sustainability of plastic. Generally, we -- it's something we talk about that starts with a petroleum-based product and moves through my sector in the chemical sector. The resins are produced and then is passed over to the packaging sector that George covers. And we've had a lot of dialogue about just the sustainability of that whole supply chain.

About a year ago, George and I put out a primer on plastic sustainability, and the topic of this discussion today of bio-based plastic was not even included in that primer. That's amazing how much this topic has evolved. And so we have a panel here to focus in on PHA as a bio-based plastic. So just big picture here rather than being derived from a petroleum product. It's derived

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