News Wrap: 12 June

In the news this week: Don Watson Transport & Coldstores, Treasury Wine Estates, Vinarchy, Heat and Control, McCormick, Aerofloat, and SnackHQ. 

 

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Packaging News

Plastic resin made from recycled milk and juice bottles at a Pact-operated recycling facility in Melbourne meets US FDA safety requirements for use in HDPE food and drink packaging.

Packaging and IT recycling operation Close the Loop anticipates its second half EBITDA will fall by 50 per cent compared to the first half, on revenue that at around $99m will be similar to the first six months.

It's a pause, not a pivot: APCO has confirmed it will delay its proposed EPR fee model until beyond FY27 following industry stakeholder calls for more regulatory clarity, fairer fee structures, and time to prepare.