FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

~~FORM~~Report 6of Foreign Private Issuer Pursuant to Rule 13a-K16 or 15d-16 of the Securities Exchange Act of 1934

~~Report~~For the month of ~~Foreign~~April ~~Private Issuer~~2007

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

For the month of July 2006

Amcor Limited

(Translation of registrant’s name into English)

679 Victoria Street Abbotsford

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F x Form 40-F o

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes x No o

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-0000869428

~~For~~Amcor ~~immediate~~News ~~release: Monday, July 3, 2006~~Release

~~AMCOR AGREES~~For TOimmediate ~~16.67%~~release: ~~SHAREHOLDING~~Tuesday, INApril K24, ~~LASER~~2007

~~Amcor~~REPOSITIONING ~~today~~AMCOR ~~announced~~FLEXIBLES it has entered into an agreement to subscribe for new shares to purchase a 16.67% shareholding in K Laser China; a subsidiary of the Taiwan publicly listed K Laser Technology (H.K) Company Ltd for a consideration of approximately US$10 million. It also has options to invest a further US$15 million in new shares and acquire existing shares for US$12.6 million to increase its shareholding in K Laser China to 50.1% over the next two years.EUROPE

Amcor ~~will~~announced ~~also purchase 5.6 million new shares in K Laser Technology~~today, ~~for~~ a ~~consideration~~substantial repositioning of ~~US$3.5 million, giving it a 4.2% shareholding in that company. K Laser has an option to require Amcor to invest a further US$8.2 million in K Laser Technology over~~ the ~~next two years upon the~~Flexibles ~~exercise~~business ~~of Amcor’s options~~ in ~~K Laser China~~Europe.

KThe ~~Laser~~primary isobjective aof ~~global~~this ~~leader~~program, inwhich ~~the~~is ~~production~~part of ~~holographic~~ ~~films that are used extensively in~~ the ~~manufacture~~broader ~~of tobacco~~“Way ~~packaging~~Forward” inagenda, ~~the~~is ~~Chinese~~to ~~market~~create ~~and~~a ~~increasingly~~fitter inorganisation ~~other~~with ~~packaging~~a ~~applications. Full~~smaller ~~details~~number of stronger ~~the~~businesses ~~operations~~that ~~and~~are ~~technologies~~focused ofon Kcustomers ~~Laser~~and ~~Technology~~markets, ~~and~~consistent Kwith ~~Laser~~Amcor’s ~~China are on their website www~~strategy.~~klaser.com.tw~~

~~Amcor’s~~The ~~Managing~~project ~~Director~~will deliver ~~and~~an ~~CEO,~~estimated MrPBIT ~~Ken~~benefit ~~Mackenzie, said: “As part~~ of ~~the~~€30 ~~portfolio~~million ~~review~~per ~~process,~~annum ~~which~~for ~~commenced~~an inestimated ~~August 2005,~~net ~~the~~cash ~~tobacco~~cost ~~packaging~~of ~~market~~€60 ~~in China has been identified as a strategic growth opportunity for Amcor~~million. ~~Over~~The ~~the~~majority ~~past~~of ~~12 months~~ the ~~company~~€30 ~~has~~million ~~developed~~per ~~a leading~~annum ~~position in the manufacture of tobacco packaging in China through its investment~~benefit inwill ~~the~~be ~~Hong~~realised ~~Kong~~from ~~publicly listed company Vision Grande~~2009/10.

“The ~~investment in K Laser China and the parent~~overall ~~company~~headcount ~~K Laser Technology~~reduction, isexcluding andivested ~~important~~sites, ~~step~~will inbe ~~expanding~~around ~~Amcor’s~~900 ~~portfolio~~ out of ~~value-added packaging materials by accessing leading technology in the~~a ~~development~~total ~~and~~workforce ~~production~~ of ~~holographic~~7600 ~~films~~people. ~~These~~The ~~films~~final ~~are~~outcome ~~increasingly~~will ~~being used~~be indetermined ~~the~~following an ~~manufacture~~extensive ofconsultation ~~tobacco~~process ~~packaging~~with ~~for~~a ~~premium~~range ~~products~~of ~~in the Chinese market~~stakeholders.

~~“K Laser is a global leader in these value-added packaging materials with an established footprint in the growing Chinese market.~~ Amcor’s ~~has elected to take an initial stake in K Laser China of 16.67%~~Managing ~~with~~Director ~~options~~and toCEO, ~~increase~~Mr ~~its~~Ken ~~shareholding~~MacKenzie tosaid ~~50.1%~~“This inrepositioning ~~two~~program ~~years.~~delivers ~~This is~~ a ~~similar~~wide ~~approach~~range toof ~~that~~improvements ~~used in Vision Grande. The investment in K Laser Technology will allow Amcor~~ and Kbetter ~~Laser~~aligns tothe ~~work~~business ~~together~~ to ~~expand~~future ~~the~~ market ~~for~~trends ~~holographic~~and ~~films~~customer ~~in other geographic segments~~needs.”

~~Amcor~~“The ~~will~~anticipated ~~initially~~benefits are ~~have~~robust ~~the~~and ~~right~~supported toby ~~appoint~~headcount ~~two~~reductions and substantial operational ~~Directors~~improvements. toWith this improved operational focus and clearer strategic direction, the ~~Board~~business ofwill Kbe ~~Laser~~well ~~China~~positioned to deliver solid growth and strong returns.”

Objectives

As outlined at the half year results in February, Amcor Flexibles has undertaken a detailed strategic and operational review of its business and a comprehensive repositioning program has been developed. The primary objectives of this program are to:

· Strengthen market positions through better leverage of technology and manufacturing capabilities;

· Increase weighting in lower cost regions, particularly in Southern and Eastern Europe;

· Improve alignment to customer needs and market trends; and

· Create a strong platform for innovation and continued growth.

Amcor Limited

ABN 62 000 017 372
679 Victoria Street

Abbotsford Victoria 3067 Australia

Tel: 61 3 9226 9000 Fax: 61 3 9226 6500

www.amcor.com

Background

The Flexibles market in Western Europe is approximately €9 billion in sales and includes a wide range of products and technologies, from simple films to complex multi-layer structures with high-performance properties. The end markets segments are mainly food, healthcare and industrial.

The current manufacturing footprint in Europe is 38 plants, in 15 countries with seven plants in Southern Europe (Spain, Italy and Portugal) and one plant currently in each of Poland and Russia.

Restructuring Process

A detailed program of communication and consultation has begun with employees and customers.

Plant closure proposals will be prepared by local management. Once approved, these proposals will be presented to employees and their representatives for consultation in accordance with local and European legal requirements.

Over a two year time frame, €40 million will be spent on either new equipment or the relocation of major pieces of plant to ensure those plants allocated additional production volumes are appropriately equipped. This investment will be included in Amcor’s base capital expenditure.

As part of the portfolio review, some plants were identified as having little strategic importance and will be sold.

Outcomes

From an operational perspective, the plan envisages a substantial reduction in the number of extrusion plants delivering significant improvements in manufacturing performance.

In the conversion operations, there will be a significant reduction in the number of sites with flexographic or gravure printing. Capacity utilisation will increase considerably and more efficient manufacturing will deliver a meaningful reduction in waste.

Across the business, there will be a smaller number of larger plants with an improved technology or market segment focus.

From a strategic perspective the restructuring will increase the percentage of manufacturing in the lower cost regions of Southern and Eastern Europe. By the

end of this program, one third of the manufacturing sites will be located in these regions.

An important element in this re-weighting is the announcement of a new €26 million plant in Poland, dedicated to PepsiCo and supplying flexible packaging for their fast-growing snack food business in Eastern Europe. This market segment is estimated to be growing at 15% to 25% per annum.

PepsiCo is the world leader in snack foods requiring focused and efficient operations delivering high quality food safe products. The manufacturing process is technically demanding and Amcor is currently an approved strategic supplier to PepsiCo in both Europe and Australia.

This investment is consistent with the strategy for Flexibles in Eastern Europe of supporting the market leaders in fast growing segments with low cost manufacturing facilities.

Summary

Amcor’s Managing Director and CEO, Mr Ken MacKenzie said “The program announced today is designed to further strengthen the business and improve our value proposition to customers. There will be a smaller number of more focused sites with improved operating performance.

“The geographic presence in Eastern and Southern Europe will increase. These are regions where Amcor already has an excellent footprint and management experience.

“Amcor has Flexibles operations in Western and Eastern Europe, the Americas, Asia and Australasia. Repositioning and improving the European operations is an important component of growing the flexibles business globally.”

ENDS

For further information, please contact:
Ken MacKenzie		John Murray
Managing Director & CEO		Executive General Manager
Amcor Limited		Corporate Affairs
Ph: +61 3 9226 9001		Amcor Limited
		Ph: +61 9226 9005

For further information, please contact:

Amcor Limited ABN 62 000 017 372 679 Victoria Street Abbotsford Victoria 3067 Australia Tel: 61 3 9226 9000 Fax: 61 3 9226 6500 www.amcor.com

Ken MacKenzie		John Murray
Managing Director & CEO		Executive General Manager
Amcor Limited		Corporate Affairs
Ph: +61 3 9226 9001		Amcor Limited
		Ph: +61 9226 9005

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

AMCOR LIMITED (Registrant)

			AMCOR LIMITED
			(Registrant)

Date 24 April 2007
		By: /s/ JULIE McPHERSON
	By: Julie McPherson
	Title: Company Secretary/Group General Counsel

Date 3 July 2006

By: /s/ JULIE McPHERSON By: Julie McPherson Title: Company Secretary/Group General Counsel

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