ATR · CIK 896622
What AptarGroup, Inc. told the SEC could break it.
AptarGroup's disclosures concentrate on the materials behind its dispensing and packaging products and the trade policy lifting their cost. Its principal raw materials are plastic resins, silicone, rubber, and certain metals, so its production costs swing with those input prices — and substantial new U.S. tariffs on imports from China, Canada, and Mexico, plus foreign countermeasures, have already raised the cost of certain raw materials and components and threaten to disrupt its global supply chain. That exposure narrows at key points: it sources some resins and rubber for its pharmaceutical segment from a single supplier and depends on vendors with unique technical specifications, particularly for aerosol valve and pump production.
3 self-disclosed vulnerabilities, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
In its own words
What could break it.
Commodity & input dependence
- plastic resins, silicone, rubber and metal productsmedium
Aptar's principal raw materials are plastic resins, silicone, rubber and certain metal products, exposing its packaging/dispensing production costs to swings in these input prices.
“The principal raw materials used in our production are plastic resins, silicone, rubber and certain metal products.”
SEC filing →As of 2026
Regulatory & policy
- U.S. tariffs (China, Canada, Mexico) raising raw-material/component costsmedium
Substantial new U.S. tariffs on imports from China, Canada, Mexico and others — and foreign countermeasures — have increased the cost of certain raw materials and components in Aptar's packaging solutions and could disrupt its global supply chain.
“Such tariffs and countermeasures have increased the cost of certain raw materials and components used in our packaging solutions, and have the potential to disrupt our global supply chain and create additional operational challenges.”
Sole-source dependency
- single-source resins/rubber for Pharma segment; unique-spec aerosol valve/pump suppliersmedium
Aptar sources certain materials — especially some resins and rubber components for its pharmaceutical segment — from a single source, and depends on suppliers with unique technical specifications particularly for aerosol valve and pump production, so a disruption or discontinuance could impair its ability to deliver products.
“We source certain materials, especially some resins and rubber components for our pharmaceutical segment, from a single source.”
SEC filing →As of 2026
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