News

Nestlé will invest around AU$3 billion to shift from virgin plastic to food-grade recycled plastics and establish a $377 million sustainable packaging venture fund to invest in start-up companies that focus on packaging innovation.

The introduction of a $1.30 minimum unit price per standard drink across Australia could reduce alcohol consumption by 1.5 standard drinks per week, according to a La Trobe University study.

Sorting and resource optimisation company TOMRA has announced its new executive vice president and head of TOMRA Food, Michel Picandet. He will be responsible for TOMRA Food, Copmac and BBC Technologies.

Microsoft’s accelerator program for start-ups - The AI Factory - has launched a class for agrifood start-ups in collaboration with Danone. Applicants need to have developed and marketed an AI-based solution for the food industry.

Ferrero has ranked number one in the WWF Palm Oil Buyers Scorecard 2020, recognising the consumer goods manufacturer as the most sustainable in the industry for its palm oil supply chain.

Tough domestic conditions with growing exports bolstering the sector were the key findings of the Australian Food and Grocery Council’s (AFGC) latest annual industry snapshot.

A University of Adelaide and industry collaboration has developed a digital platform to help grapegrowers optimise their irrigation and crop management.

The ready-to-eat and prepared meals market is set to be worth US$38.4 billion by 2023 in the APAC region, according to the latest research from GlobalData. APAC accounts for 32.5 per cent of the global RTE market and is the largest in the world.

Glad has announced a three-year partnership with REDcycle, the national soft plastic recycling initiative. The deal includes GladWrap and other Glad soft plastic products including Snaplock bags.

Family-owned fresh produce company Montague has had 5000 apple trees damaged by bushfire in Batlow, New South Wales, but has managed to keep majority of its orchard safe. The orchard manager is still assessing the affected crop.

PKN and stablemate Food & Drink Business will be hosting our third Women in Packaging Breakfast Forum, in partnership with the Australian Institute of Packaging, on 2 April in Melbourne.

Convenience and personal control will be the biggest consumer trends of 2020, according to the latest report released by Euromonitor International. It suggests while consumers aim to strike a balance between the two, brands must balance trust, security and delivering products that add value.

Australian food and beverage manufacturers have stepped-up to provide donations and financial support in the wake of the 2019-2020 bushfire disaster.

Australian food manufacturers are failing voluntary commitments to reduce salt levels in foods, a new study has found.

Family-owned McWilliam’s Wines has entered voluntary administration. The 141-year old company is one of the oldest winemakers in the country and has appointed KPMG as the administrator.