Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Korea, republic of
  4. Korea Stock Exchange
  5. Amorepacific Corporation
  6. News
  7. Summary
    A090430   KR7090430000

AMOREPACIFIC CORPORATION

(A090430)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Amorepacific : Enters Global MOU for Sustainable Packaging with Eastman

11/24/2021 | 03:30am EST
Amorepacific Enters Global MOU for Sustainable Packaging with Eastman Sustainability2021-11-22
  • Expected to reduce plastic use by securing good-quality recycled plastic
  • Laying the foundation for sustainable management as a responsible corporate citizen and customer satisfaction

On November 19, Amorepacific signed an MOU for the supply and use of chemically recycled plastic starting 2022 with Eastman.

Eastman Chemical Company is an American petrochemical company that produces product packaging materials, advanced materials, and fiber. Amorepacific agreed to the supply of high-quality recycled plastic produced by Eastman through the MOU.

In June 2021, Amorepacific announced its five commitments of 2030 Sustainable Management Goals and declared to apply recycled or bioplastic in 30% of all plastic packaging by 2030 as one of the targets to achieve 'Coexisting Responsibly with Nature.'

The MOU is one of the ways to achieve the commitment of Amorepacific as the company laid the foundation to accelerate sustainable management and customer satisfaction by ensuring high-quality recycled plastic.

The recycled plastic received International Sustainability and Carbon Certification (ISCC) Plus, which is a certification that proves the sustainability of eco-friendly bio products.

ISCC is an international certification that complies with the most stringent Renewable Energy Directive of the EU, which is known as the organization with the highest authority in green certification due to its transparent review criteria and strict certification procedures.

Amorepacific Development & Purchasing Division head Jeong Chang-uk said, "after contemplating on sustainable measures to improve the issue of plastic packaging and reduce the use of plastic, we decided to enter into such a meaningful MOU with Eastman" and added, "Amorepacific will continue to dedicate to building A MORE beautiful world as a responsible corporate citizen based on a deep connection with customers, society, and nature."

Disclaimer

Amorepacific Corporation published this content on 22 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2021 08:29:07 UTC.


ę Publicnow 2021
All news about AMOREPACIFIC CORPORATION
2021AMOREPACIFIC CORPORATION : Ex-dividend day for final dividend
FA
2021AMOREPACIFIC : Signs MOU on Renewable Energy Supply with SK E&S for Carbon Neutrality
PU
2021AMOREPACIFIC : Confirms the Effect of Moisturizer Tailored for Chemotherapy Patients
PU
2021AMOREPACIFIC : Leads K-Beauty Craze at BTS US Concert
PU
2021AMOREPACIFIC : Launches Product in Collaboration with BTS
PU
2021AMOREPACIFIC : Enters Global MOU for Sustainable Packaging with Eastman
PU
2021AMOREPACIFIC : ‘BeREADY' Donates Equipment for Mountain Rescuers
PU
2021AMOREPACIFIC : Concludes ‘2021 Love the Earth Eco Influencer Course'
PU
2021Amorepacific Introduces Special Collaboration with BTS
CI
2021AMOREPACIFIC : Wins Mécénat Award 2021
PU
More news
Financials
Sales 2021 4 780 B 3,95 B 3,95 B
Net income 2021 257 B 0,21 B 0,21 B
Net cash 2021 933 B 0,77 B 0,77 B
P/E ratio 2021 34,4x
Yield 2021 0,65%
Capitalization 9 811 B 8 112 M 8 114 M
EV / Sales 2021 1,86x
EV / Sales 2022 1,61x
Nbr of Employees 5 088
Free-Float 55,2%
Chart AMOREPACIFIC CORPORATION
Duration : Period :
Amorepacific Corporation Technical Analysis Chart | A090430 | KR7090430000 | MarketScreener
Technical analysis trends AMOREPACIFIC CORPORATION
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Last Close Price 155 000,00 KRW
Average target price 222 560,00 KRW
Spread / Average Target 43,6%
EPS Revisions
Managers and Directors
Kyung-Bae Suh Chairman & Chief Executive Officer
Se-Hong Ahn Co-Chief Executive Officer & Director
O-Bin Kwon Managing Director & MD-Finance
Jin-Woo Kim MD & MD-Information Technology Division
Jin-Bong Kim Head-Compliance Support
Sector and Competitors
1st jan.Capi. (M$)
AMOREPACIFIC CORPORATION-7.19%8 112
L'ORÉAL-11.72%232 006
KAO CORPORATION-4.20%23 670
SHISEIDO COMPANY, LIMITED-12.97%19 317
DCC PLC2.35%8 280
COTY INC.-22.57%6 767