I believe it is inevitable that the majors in packaging will become increasingly interested in plastics and packaging with a lower carbon footprint. If I was the CEO of Amcor or Visy or a major resin supplier I'd be seriously considering taking a strategic stake in a company like Cardia. They are clearly one of the leaders in their field and based on their current market capitalisation buying a stake in CNN would be the cheapest way to get a foothold into this burgeoning sector of the packaging industry.
I believe it is inevitable that the majors in packaging will...
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