The Australia Packaging Giant Amcor recently has increased its growing influence of cigarette industry in Asia. The carton and bottle manufacturers in Australia invested roughly$8968 dollars in converting the industry scheme. The project aims to shut the factories that are unprofitable and transfer them to emerging markets. Amcor asserted that they wanted to acquire the leading position and occupied the 17% cigarette market in China. According to Amcor, it is going to annex Amvig by buying the company with 8.94 HKD from 35.4% to 39.3%.
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