Wednesday 20 November 2019

Cork Companies Struggling? The Opposite Is True


You could be forgiven for thinking cork companies in Australia are struggling. That’s clearly not the case – the Australian cork industry has seen a big uplift with Amorim Australasia last year recording one of its best years in the past decade.

“The market is very buoyant,” Amorim Australasia general manager Tim Stead said.

“Our customers are forecasting growth and their demands are surpassing it. Amorim’s decision to invest in the cork industry in Australia is now paying off – and we have the capacity, the capability and the products to grow with our customers.

“The last ten years have been a little tumultuous, but the future is bright. We turned a corner last year, and 2017 is looking like another great year. The team here deserve this success and we’re pleased to be reporting on a positive outlook to the parent company.”

Amorim Australasia

The parent company, Amorim in Portugal, announced another record year in 2016, with growth in the US and China markets largely responsible for that. Last year also brought the release of NDtech, Amorim’s natural wine cork with a non-detectable TCA guarantee.

“The response has been overwhelmingly positive around the world and Australian and New Zealand wineries have been quick to secure their allocations,” Tim said.

Amorim Australasia recently celebrated the 10th anniversary of its Regency Park operations in South Australia. The end of last year marked the end of an era with Kym Wilsdon stepping aside as GM after a career with the Amorim family spanning 30 years in various forms.

Amorim Australasia

“Kym has been referred to as Australia’s foremost expert in cork manufacturing,” Tim, who has worked for Amorim for eight years, said.

“Since his early years working in Quality at Penfolds, and through his many leadership roles in cork manufacturing, Kym has earnt his reputation for maintaining reliable supply of products on an industrial scale, while adhering to the strictest quality standards.

“It’s a little daunting taking over from such an industry legend, but I have my own goals for the business, my own guiding principles, and I’m excited to lead the company through this next phase.”


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