This week’s Top 5 stories

Take a look at the stories that caught everyone’s attention on the Food & Drink Business website this week: China removes wine tarriffs; Hive Awards finalists revealed; global cocoa supply shortages on the rise; Vow unveils new animal creation and brand; and Suntory Oceania inks Celsius beverage deal. 

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Packaging News

Federal ministers yesterday convened an urgent industry roundtable on plastics supply chain pressures, placing packaging reform and domestic recycling capability firmly at the centre of discussions around Australia’s food security and manufacturing resilience.

The Australian Beverages Council has renewed calls for urgent national packaging reform, saying global supply disruptions highlight the need for stronger domestic recycling and harmonised EPR.

Close the Loop has sold its US-based ISP Tek Services business for US$10m, as part of a broader strategic reset aimed at sharpening focus on its core packaging and resource recovery operations.