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Manufacturing > Packaging
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Australia - Amcor expects lower tobacco packaging volume

Stockpiling in Europe boosted what Amcor called a “particularly strong” half-year performance for its tobacco business, but the packager said volume should decline in the first six months of 2016.

“Volumes in Europe were significantly higher as customers increased inventories during the half year. In Russia and Turkey demand was higher ahead of tax increases that came into effect on 1 January 2016, and across European Union member states, demand has increased ahead of the second...

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