Amcor Will Close Burnie, 200 Jobs Go

Big charges for plant closures and restructuring will lop $180 million from Amcor's full-year results, with the company warning that more abnormal losses are likely next year. The hefty abnormals bill surprised the market and contributed to a slide of 20c, or 2.9 per cent, in Amcor's share price

Pulp Mill Faces Axe

The Prime Minister, Mr John Howard, has promised to investigate the expected closure of one of Australia's biggest pulp and paper mills at Burnie in northern Tasmania. Amcor is reportedly planning to replace the 60-year-old mill's output with cheaper imported paper from Indonesia, putting up to