Our Clermont Mill, a nearly century-old institution in Quebec’s Charlevoix region, has long been a pillar of the local community. The mill is home to a paper machine that produces 221,000 metric tons of newsprint a year from thermomechanical pulp. Faced with the high energy demands of paper production, the mill rose to the challenge with an innovative energy recovery project. Fully aware of the opportunities to optimize steam consumption, the team at the Clermont Mill partnered with Hydro-Québec to develop an ambitious energy recovery project. Hydro-Québec provided CA$3 million of financial assistance to help the mill reduce its steam consumption by capturing and reusing waste heat. The project involved installing heat exchangers and two water-to-water heat pumps, directly integrated into the paper production process — a first for Quebec’s pulp and paper industry. The initiative has yielded significant results, including an annual savings of CA$800,000 and a 15-million-kWh reduction in energy consumption. To better illustrate the impact, the energy saved could power 880 houses, a statistic that highlights the project’s economic and environmental benefits.

Through this combination, Amcor enhances its position as a global leader in consumer and healthcare packaging solutions with the unique material science and innovation capabilities required to revolutionize product development and meet customers’ and consumers’ sustainability aspirations. With multiple new growth opportunities and $650 million of identified synergies, Amcor is well placed to deliver significant near- and long-term value for customers and shareholders. Amcor CEO Peter Konieczny commented, “This combination delivers on our strategy to become a stronger company with a broader, more complete offering for customers and enhanced positions in attractive categories. Our focus now turns to delivering on synergies and growth opportunities, including leveraging our extensive global footprint and enhanced innovation and R&D capabilities, while also further refining our portfolio. The outstanding work our teams have completed over the past several months enables Amcor to enter fiscal 2026 in a better position than we anticipated, with a synergy run rate that will start strong and build quickly through the year. We are now uniquely positioned to deliver more consistent growth, further improve margins and drive compelling near- and long-term value for shareholders.”

The US government has made many efforts to prioritize nutrition initiatives that curb obesity rates and help improve dietary patterns in the United States. In January 2025, the US Food…