Close×

The Australian Export Grains Innovation Centre (AEGIC) is looking for expressions of interest from food brands, manufacturers or investors to work with on plant-based projects. 

With oat-based alternatives predicted to become pantry staples, AEGIC are hoping to develop new commercial partnerships that will fast-track products such as oat noodles and oat rice to market. 

The centre’s goal is to reposition oats from the traditional breakfast option to a meal considered for lunch, dinner and snacks. 

AEGIC CEO Richard Simonaitis said: “The demand for whole grain products is growing rapidly around the world, especially in Australia’s key export markets as Asian diets continue to evolve.” 

Providing the same shelf life as traditional wheat noodles without additives, AEGIC’s oats undergo hydrothermal treatment and have significantly higher nutritional benefits, including fewer carbohydrates, more protein and a greater concentration of healthy unsaturated fatty acids. 

“Awareness of the health benefits of whole grains is increasing among Asian consumers. Health authorities and governments are increasingly recommending that consumers substitute refined grain staples like white rice with whole grain cereals, such as oats,” said Simonaitis. 

AEGIC is looking for partners who can demonstrate their capacity to manufacture, market and distribution of the products. Simonaitis said AEGIC is willing to negotiate with interested partners on product/brand ownership, technical support, and access to additional products coming down AEGIC’s development pipeline,”. 

Information on the lodgement process is here.

Packaging News

The merger between packaging giants Amcor and Berry is now complete, with the all-scrip deal creating a company with some 400 packaging plants, and 75,000 staff, located in 140 countries.

Pact Group is facing softening demand in Q4, citing Donald Trump’s tariffs, the ongoing domestic cost of living pressures, and supply chain disruption with shipping container supply tightening.

Raphael Geminder is following through on his stated intention to delist Pact Group in light of his failed takeover of the company, and has set 16 July as the date he wants it off the ASX.