Shareholders in Pact Group have voted overwhelmingly in favour of the company’s proposal to delist from the ASX, despite opposition from several smaller shareholders.
Australia has stepped firmly onto the global stage in support of an ambitious treaty to end plastic pollution, with Environment Minister Murray Watt announcing the nation’s commitment during the United Nations Ocean Conference in France. Meanwhile, local environmental leaders are urging the government to back its global words with accelerated domestic action.
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.