Amcor Plastube: Licensing agreement for Polyfoil Technology

Amcor Plastube, the plastic- tube business of Amcor Twinpak-North America Inc., has obtained exclusive North American rights to use the proprietary Polyfoil high-barrier plastic tube-making technology of Hoffmann Neopac AG of Switzerland. This technology, which imparts a unique feel to the tubes, has enjoyed wide success in the European marketplace. As a result of this licensing agreement, Amcor Plastube will build a new flexible tube plant in the northeastern U.S. by October 2002. It will supply the fast-growing, high-end personal-care market.

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