Close×

The sale of Sydney's Kings Cross Coca-Cola sign has raised more than $100,000 for the homeless.

The 42-year-old sign was auctioned letter by letter on eBay for the Wayside Chapel, which helps those in need around the streets of Kings Cross, raising $100,700 on Monday night.

There were bidders from around Australia as well as overseas, with organisers saying the most popular letter was the little 'C', which went for $18,700.

The other two 'C' signs were tied for the title of cheapest letter, selling for $10,300 each.

"We're grateful that the people at Coke have a heart that makes room not just for the fun that is part of Kings Cross, but also for some who are not having fun," Reverend Graham Long, Wayside Chapel CEO said in a statement.

"The help we receive through this initiative will translate directly into the kind of care that meets people at their lowest point and helps them through to better days."

The sign, which resided on the corner of Darlinghurst Road and William Street, was built in 1974 and was known as the gateway to the Cross.

Packaging News

Spicers is set to expand its sustainable packaging portfolio in Australia following a strategic alliance between its parent company, KPP Group Holdings, and materials innovator Papkot.

Melbourne-based packaging innovator Onpack has joined forces with fast-rising hydration brand Rippl to deliver a sustainable, fast-turnaround packaging solution that merges high-quality digital printing with fully recyclable aluminium cans.

Big Bag Recovery has partnered with GT Recycling as its new processing partner to strengthen local recycling and circular economy outcomes in Victoria.